In Africa's Odious Debts, Boyce and Ndikumana reveal that, contrary to the popular perception of Africa being a drain on the financial resources of the developed world, more money destined for the West leaves the continent than it actually receives.
In Africa's Odious Debts, Boyce and Ndikumana reveal that, contrary to the popular perception of Africa being a drain on the financial resources of the developed world, more money destined for the West leaves the continent than it actually receives.
James K. Boyce is professor of economics at the University of Massachusetts, Amherst, where he directs the program on development, peacebuilding and the environment at the Political Economy Research Institute. His previous books include Peace and the Public Purse: Economic Policies for Postwar Statebuilding (co-edited with Madalene O'Donnell); Investing in Peace: Aid and Conditionality after Civil Wars; and A Quiet Violence: View from a Bangladesh Village (co-authored with Betsy Hartmann.) He is a graduate of Yale University and received his doctorate from Oxford University. Léonce Ndikumana is Professor of economics at the University of Massachusetts, Amherst. He served as Director of Operational Policies and Director of Research at the African Development Bank, and Chief of Macroeconomic Analysis at the United Nations Economic Commission for Africa (UNECA). He has contributed to various areas of research and policy analysis on African countries, including the issues of external debt and capital flight, financial markets and growth, macroeconomic policies for growth and employment, and the economics of conflict and civil wars in Africa. He is a graduate of the University of Burundi and received his doctorate from Washington University in St. Louis, Missouri.
Inhaltsangabe
Introduction 1. Tales from the Shadows of International Finance 2. Measuring African Capital Flight 3. The Revolving Door 4. The Human Costs 5. The Way Forward Appendix 1: Tables Appendix 2: Summary Outcome and Policy Recommendations from the Senior Policy Seminar on Capital Flight in Sub-Saharan Africa, held in Pretoria, South Africa, November 2007. Notes References
Introduction 1. Tales from the Shadows of International Finance 2. Measuring African Capital Flight 3. The Revolving Door 4. The Human Costs 5. The Way Forward Appendix 1: Tables Appendix 2: Summary Outcome and Policy Recommendations from the Senior Policy Seminar on Capital Flight in Sub-Saharan Africa, held in Pretoria, South Africa, November 2007. Notes References
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