Despite being a significant regional and global challenge, illicit financial flows (IFFs) in the Western Balkans lack a legal definition and a comprehensive understanding among various stakeholders, including the public sector, civil society and the media. Although the negative impact of IFFs on the region is long-standing and well-documented, the extent to which these flows affect society and hinder development and growth is often overlooked.
Recent assessments of IFFs in the Western Balkans by the Global Initiative Against Transnational Organized Crime (GI-TOC)…
