ACAS Bulletin 87 – Africa’s Capital Losses: What Can Be Done?

Africa’s capital losses from illicit financial flows far outweigh inflows from aid or direct foreign investment. But what can be done?  Guest edited by Triple Crisis bloggers Léonce Ndikumana and James Boyce, the latest bulletin from the Association of Concerned African Scholars tackles the issue head on, with contributions from a wide variety of leading scholars.

Fall 2012
Edited by William Minter and Timothy Scarnecchia
Special Bulletin Editors: Léonce Ndikumana and James Boyce

Table of Contents

Introduction pdf
William Minter and Timothy Scarnecchia

Rich Presidents of Poor Nations: Capital Flight from Resource-Rich Countries in Africa |pdf
Léonce Ndikumana and James K. Boyce

Macroeconomic Impact of Capital Flows in Sub-Saharan African Countries, 1980-2008 |pdf
John Weeks

Illicit Financial Flows: A Constraint on Poverty Reduction in Africapdf
Janvier D. Nkurunziza

The Paradox of Capital Flight from a Capital-Starved Continentpdf
Elizabeth Asiedu, John Nana Francois, and Akwasi Nti-Addae

Stolen Asset Recovery: The Need for a Global Effortpdf
Hippolyte Fofack

Debt Audits and the Repudiation of Odious Debtspdf
James K. Boyce and Léonce Ndikumana

The Benefits of Country-by-Country Reportingpdf
Richard Murphy

Africa’s Lost Tax Revenuepdf
John Christensen

Tax Havens: An Emerging Challenge to Africa’s Development Financingpdf
Nicholas Shaxson

Plundering a Continentpdf
Raymond Baker

Information Resources on Capital Losses and Related Issuespdf
William Minter

Download the entire Bulletin in PDF here: pdf

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