IBA Global Insight - April/May 2017

April / May 2017

The content of IBA Global Insight magazine is written by independent journalists and does not represent the views of the International Bar Association.

Features

Regulars

LEGAL AND BUSINESS NEWS

HUMAN RIGHTS NEWS

Comment and analysis

Africa: Illicit financial flows from Africa

The huge illicit financial flows from Liberia that are undermining its development reflect the wider problems that persist across Africa. Illegal transactions are, in some ways, easier than ever, but there are promising developments at corporate, government and international levels.

Cuba: The Cuban evolution

Once a Cold War flashpoint, Cuba has moved from economic and diplomatic isolation to open up its markets to foreign investment. But lack of legal certainty and the prospect of a hard line under President Trump mean caution is advisable.

Asia: Hanjin collapse challenges South Korean policy

The decision by a South Korean court to declare Hanjin Shipping bankrupt suggests the country’s government should no longer support struggling companies with public money. But Korea’s export industry accounts for more than half the country’s $1.4tn economy, so policy is unlikely to deviate.

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