Announcing the Financial Transparency Coalition

The Task Force on Financial Integrity and Economic Development has changed its name to the Financial Transparency Coalition. Porter McConnell, its new manager, explains why.

When the Task Force on Financial Integrity and Economic Development was created in 2009, only a handful of experts were following the issue of illicit financial flows. The subject was decipherable only to finance professionals taking advantage of tax havens, and a handful of civil society groups and finance journalists. Meanwhile, each year nearly a trillion dollars was being secreted out of developing countries, robbing them of revenue needed to build better lives for their citizens.

Over the last four years, a growing number of policymakers and citizens have begun to take heed. What good is pouring money into foreign assistance when ten times that amount leaves developing countries in corruption, crime, and corporate tax evasion, often arriving right back in rich country bank accounts? Meanwhile, activists in developing countries are pushing back against austerity, and demanding that foreign investors in oil, gas and mining and local elites pay their fair share.

Today, illicit financial flows are front page news:

Read more on the website of the Financial Transparency Coalition

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Porter McConnell

About Porter McConnell

Porter McConnell is Manager of the Financial Transparency Coalition.

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3 Responses to Announcing the Financial Transparency Coalition

  1. Danardan Swain 31 May 2013 at 5:24 pm #

    THE CORRUPTION FREE MOVEMENT

    ……………………………………………………………………………………………………………………

    AN INTRODUCTION:

    Corruption, the insidious problem is a widely acknowledged occurrence in the world. Peculiarly, people who are corrupted or suspected of supporting corruption often fall down being the victims of corruption. The condition of the common people in the world is inexpressibly miserable.

    All types of corruptions discussed among the people in the world challenge a peaceful living. And there is no sustainable development anywhere on the Earth. Anti-corruption activists set off various types of demonstrations against the corrupted persons. Some activists stick to struggle for eradication of corruption from the root. The people who are suspected of being corrupted and the anti-corruption activists stand against each other at a cold-war front. It creates a violent situation making both the parties stand aggressive in opposition to each other. Gradually this leads towards a never-ending civil war.

    The attempts made by the anti-corruption activists and the leaders in a democratic country who have made decisions to solve the corruption problem come out with a series of more intensified problems. Those problems spoil many development plans in the country. The consequent problems make the public life more critical.

    Where is the best solution that ensures a healthy and peaceful living in a country? There is nothing wrong when people think of putting the end to corruptions through non-violent mediation. The Non-Violent Mediation is an approach that deletes corruption easily and works as an uninfringeable strategy to keep the world free from all types of corruptions. A Non- Violent Mediator deeply looks into the problems and wisely works out to put an end to all the problems. There is the end to corruptions.

    This is beyond doubt that the expectations of a person to achieve something that he does not deserve lay the foundation to a tower of corruptions. And the end to corruptions is brought up by a comprehensive transformation of the person, who is suspected of being corrupted. The Transformation of the person is never possible by any type of violent method; rather transformation is made possible through fulfilment of his expectations.

    The Non-Violent Mediation is free from all types of corruptions, and it is fully-equipped to accomplish all the expectations of the person which are legal, moral and social. The mediator encourages the person to accomplish all his aspirations that he would highly look forward to their fulfilment soon. He moves forward in his business being logical, keeping himself engaged in satisfying his needs through non-violent mediation. His needs are filled in up without any type of corruption. He is never considered as corrupted, because he deserves awards for his expectations.

    When the person gets rewards for his expectations he realizes that there is no requirement to attempt to achieve what he does not deserve socially, morally and legally. He lives in a social, moral, legal and highly prosperous life. Here is the beginning to end up corruption in the world for all the times to come.

    The question arises that how could a person unfailingly get rewards for his expectations. The answer to such questions is very simple and clear. Suppose we take the person as X. X fulfils his needs and expectations just being in touch with the Non-Violent Mediation. It is possible; because, he easily achieves his goals and earns rewards for his expectations being a medium of fulfilment to the needs of as many people as possible. The ‘many people’ mentioned here are ‘the people supposed to or could be served through X’. They are the service-users of X and X is the service- provider.

    The people served by X remain much satisfied with the service rendered to them. And the expectations of X do never harm a healthy and pleasant living of others in the world. Moreover, in such cases, Income- Development Multiplication for X definitely starts; he gets his needs fulfilled soon. Therefore, X does never wish for earning money illegally and immorally. He is never corrupted since he has attempted to ensure his Income- Development Multiplication being social, moral and legal.

    The process of Income-Development Multiplication for X begins with a revelation of his qualities and capabilities by himself. It proves him unique as a service- provider in his targeted service area. As a service- provider he renders inimitable service to meet the requirements of his service- users. The service not only does increase the benefits of his service-users, but also ensures an unfailing flow of money to him up to he remains the service-provider directly or indirectly.

    A question may arise that X being greedy may attempt to collect more and more money through illegal and immoral ways. In fact, X has no requirement to earn anything through corruptions since he has started earning more working far away from corruptions. We find him to be a person with no efforts within his thought-plan-speech and action made for corruptions. X unfailingly gets rewards for all his good expectations. He lives in very comfortably in a quite comfortable world.

    Hence, the Non-Violent Mediation is an application to ensure Income- Development Multiplication of people, and ultimately it is the only strategy to eradicate corruption from everywhere. The world moves forward with sustainable development. The people in the world live in a healthy and financially prosperous life forever. Consequently, there is peace and harmony in and around us. For this reason, there is no necessity of using the violent means to bring the end to any type of corruption in the world.

    With this, we start realizing that in any country there is no requirement of any Cold Civil War or Hot Demonstrations against the people, who are either suspected of being corrupted or the supporters of corruption in any form. We could transform ourselves and those people by Non-Violent Mediation, the Power of Non-Violence. This solution remains unchallengeable forever. We have the real solution within us; and by applying this reality we could bring up a corruption-free world in and around us.

    ==========================================================

    INCOME- DEVELOPMENT MULTIPLICATION ENSURED:

    The Non-Violent Mediation is an approach inspired by the power of Non-Violence. It multiplies a person’s income- development keeping him far away from all types of corruptions. It can be treated as ‘A Corruption- Free Movement to End up Corruption’. For its authentication, principles of the ‘Income- Development Multiplication’ are discussed here. Anyone can apply them into his profession, and soon he can discover his income-development multiplied.

    Though the case of a person named ‘X’ is discussed here, it can be applied into the career/ profession/ business of any aspirant in the world. The people worldwide who wish for ensuring soon their Corruption- Free Consistent Income-Development Multiplication may come forward to join this movement.

    An Author

    **********************************************************************************

    Paraphrase:

    The insidious problem is a widely acknowledged occurrence: Almost all people in the world are aware of it,

    All types of corruptions: Corruption in various forms, Corruptions in thought-plan-speech-action

    Eradication of corruption from the root: To put an end to corruptions

    A series of more intensified problems: The problems that come out of the solutions

    Non-violent mediation: The non-violent mediation that is free from all types of corruptions,

    Fully-equipped to accomplish all the expectations of the person: It is perfectly designed by the power of Non-Violence and Truth,

    He would highly look forward to their fulfilment soon: A person would greatly expect for,

    He deserves awards for his expectations: He expects not only for him, but for all his service-users

    The beginning to end up corruption in the world for all the times to come: The Corruption Free Movement, Non-Violent Mediation,

    The question arises that how could a person unfailingly get rewards for his expectations: He gets rewards, because many people need and enjoy his service,

    Being a medium of fulfilment to the needs of as many people as possible: He multiplies the number of his service-users,

    They are the service-users of X and X is the service- provider: The service-provider and the service-users are inter-linked; each person in the world is a service-provider as well as a service-user,

    The expectations of X do never harm a healthy and pleasant living of others in the world: A good service-provider does never do anything against his service-users,

    Income- development multiplication for X definitely starts: It starts as soon as he begins to work for his service-users,

    He is never corrupted since he has attempted to ensure his income- development multiplication being social, moral and legal: A large number of people are benefited through his service,

    The process of income-development multiplication for X begins with a revelation of his qualities and capabilities by himself: He reveals all his best qualities through the best efforts,

    It proves him unique as a service- provider in his targeted service area: Each service-provider is born unique, yet many times they fail to prove this,

    The service not only does increase the benefits of his service-users, but also ensures an unfailing flow of money to him up to he remains the service-provider directly or indirectly: a person may serve many people directly or indirectly,

    X unfailingly gets rewards for all his good expectations. He lives in very comfortably in a quite comfortable world: All his expectations are good enough.

    The only strategy to eradicate corruption from everywhere: The Non- Violent Mediation,

    Non-violent mediation, the power of non-violence: It is the power of Truth

    This solution remains unchallengeable forever: Because it is the only solution,

    A corruption-free world in and around us: A corruption free world in thought-plan-speech-action,

    ‘A corruption- free movement to end up corruption’: The Non-Violent Mediation,

    Principles of the ‘income- development multiplication’: the Truth that regulates one’s corruption free income,

    Soon he can discover his income-development multiplied: truth is unchallengeable at every moment and at all moments,

    It can be applied into the career/ profession/ business of any aspirant in the world: Everyone needs this,

    …………………………………………………………………………………………………………

    ******************************************************************

  2. Francis Arif 9 June 2013 at 7:10 am #

    Financial corruption at state level is eating away into the development programs of poor countries and needs to be addressed through creating awareness; and transparency international is doing a commendable job in this respect.

  3. Ardiansyah 18 June 2013 at 1:27 pm #

    coruption was One Problem globall Issue on the world.
    If you’re known the roots problem.It must be share the best answered to the public needs.Likes the globall transparancy must be reall.And the press and public must be Independent.
    By : Ardiansyah from Indonesian public.

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