Download or read book On the Trail of Capital Flight from Africa written by Distinguished Professor of Economics and Director of the African Development Policy Program Léonce Ndikumana and published by Oxford University Press. This book was released on 2022-01-20 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the Trail of Capital Flight from Africa investigates the dynamics of capital flight from Angola, Côte d'Ivoire, and South Africa, countries that have witnessed large-scale illicit financial outflows in recent decades. Quantitative, qualitative, and institutional analysis for each country is used to examine the modus operandi of capital flight; that is, the 'who', 'how', and 'where' dimensions of the phenomenon. 'Who' refers to major domestic and foreign players; 'how' refers to mechanisms of capital acquisition, transfer, and concealment; and 'where' refers to the destinations of capital flight and the transactions involved. The evidence reveals a complex network of actors and enablers involved in orchestrating and facilitating capital flight and the accumulation of private wealth in offshore secrecy jurisdictions. This underscores the reality that capital flight is a global phenomenon, and that measures to curtail it are a shared responsibility for Africa and the global community. Addressing the problem of capital flight and related issues such as trade misinvoicing, money laundering, tax evasion, and theft of public assets by political and economic elites will require national and global efforts with a high level of coordination.
Download or read book Capital Flight from Africa written by Simeon Ibidayo Ajayi and published by Oxford University Press, USA. This book was released on 2015 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitating illicit financial flows and provides rich insights to policy makers interested in designing strategies to address the problems of capital flight and illicit financial flows.
Download or read book Africa s Odious Debts written by Léonce Ndikumana and published by Bloomsbury Publishing. This book was released on 2011-10-13 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than $700 billion in the past four decades. But Africa's foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through their governments. Léonce Ndikumana and James K. Boyce reveal the intimate links between foreign loans and capital flight. Of the money borrowed by African governments in recent decades, more than half departed in the same year, with a significant portion of it winding up in private accounts at the very banks that provided the loans in the first place. Meanwhile, debt-service payments continue to drain scarce resources from Africa, cutting into funds available for public health and other needs. Controversially, the authors argue that African governments should repudiate these 'odious debts' from which their people derived no benefit, and that the international community should assist in this effort. A vital book for anyone interested in Africa, its future and its relationship with the West.
Download or read book Capital flight from Africa written by A. Ibi Ajayi and Léonce Ndikumana and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Punishment Second Edition written by Alan Marzilli and published by Infobase Publishing. This book was released on 2009-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book South African Economic Policy Under Democracy written by Janine Aron and published by Oxford University Press. This book was released on 2009-03-19 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa experienced a momentous change of government from the Apartheid regime to its first democratic government in 1994. This book provides an up-to-date and comprehensive assessment of South Africa's economic policies and performance under democracy. The book includes a stand-alone introduction and economic overview, as well as chapters on growth, monetary and exchange rate policy and fiscal policy, on capital flows and trade policy, on investment and industrial and competition policy, on the effect of AIDs in the macroeconomy, and on unemployment, education and inequality and poverty. Each chapter, and the overview chapter in particular, also addresses prospects for the future.
Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by Oxford University Press. This book was released on 2021 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
Download or read book Made in Africa written by Arkebe Oqubay and published by Oxford University Press, USA. This book was released on 2015 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study presents the findings of original field research into the design, practice, and varied outcomes of industrial policy in three sectors in Ethiopia: cement, leather and leather products, and floriculture. Given that there is a single industrial strategy, why do its outcomes vary across sectors? To what extent is this a function of the specific market and political economy features of each sector? The book examines industrial structures and associated global value chains to demonstrate the challenges faced by African firms in international markets.
Download or read book Bill Bryson s African Diary written by Bill Bryson and published by Random House. This book was released on 2010-03-02 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Bryson goes to Kenya at the invitation of CARE International, the charity dedicated to working with local communities to eradicate poverty around the world. Kenya, generally regarded as the cradle of humankind, is a land of stunning landscapes, famous game reserves, and a vibrant culture, but it also has many serious problems, including refugees, AIDS, drought and grinding poverty. It also provides plenty to worry a nervous traveller like Bill Bryson: hair-raising rides in light aircraft, tropical diseases, snakes, insects and large predators. Bryson casts his inimitable eye on a continent new to him, and the resultant diary, though short in length, contains all his trademark laugh-out-loud wit, wry observation and curious insight. All the author’s royalties from this book, as well as all profits, will go to CARE International.
Download or read book Illicit Financial Flows from Developing Countries Measuring OECD Responses written by OECD and published by OECD Publishing. This book was released on 2014-04-23 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication identifies the main areas of weakness and potential areas for action to combat money-laundering, tax evasion, foreign bribery, and to identify, freeze and return stolen assets.
Download or read book Against Global Apartheid written by Patrick Bond and published by Palgrave Macmillan. This book was released on 2003 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 'Against Global Apartheid', Patrick Bond reveals the extent of the economic and human damage caused by policies implemented by World Bank and the IMF in developing countries, particularly South Africa, and argues that there is another way to more socially just economic development.
Download or read book Travels in West Africa written by Mary H. Kingsley and published by . This book was released on 1897 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a dutiful Victorian daughter, the author was thirty before being freed (by her parents' deaths) to do as she chose. She went to West Africa in 1893 and again in 1895, to investigate the beliefs and customs of the inland tribes and also to collect zoological specimens. She was appalled by the 'thin veneer of rubbishy white culture' imposed by British officials and was not afraid to say so.
Download or read book Tourism in Africa written by Iain Christie and published by World Bank Publications. This book was released on 2014-06-19 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.
Download or read book Swallow written by Henry Rider Haggard and published by . This book was released on 1911 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Africa After Independence written by Godfrey Mwakikagile and published by New Africa Press. This book was released on 2006 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work focuses on the early years of independence and the problems African countries faced soon after the end of colonial rule. Many of those problems still exist today. They include poverty and underdevelopment; adoption of alien ideologies and economic and political systems; structural flaws of the modern African state and its institutions inherited at independence; nation-building, democratization, national integration, and ethnoregional rivalries among others. It is also a historical study of the continent since the partition of Africa by the imperial powers and of the struggle for independence. It also focuses on the continent's demographic composition, shedding some light on the complexity and diversity of the world's second largest continent. The history of Africa's indigenous peoples and their earliest contact with foreigners provides a background to this telescopic survey. The sixties was one of the most important decades in the history of Africa and this work provides a balanced perspective on those years when Africans celebrated the end of colonial rule on their continent. It is a compact study covering a vast expanse of territory from the advent of imperial rule to the attainment of sovereign status for African countries during the sixties and the problems they faced in those years. As a demographic portrait, it excels in depicting the continent as a tapestry that reflects the racial diversity and multiethnic composition of this vast land mass, the second largest after Asia. And as a historical and political analysis, it addresses some of the most important issues in the post-colonial era including the Cold War, with the Congo figuring prominently in the analysis as thefirst theatre of combat and super-power rivalry in the early sixties on the African continent. The dawn of freedom provided opportunities and challenges for the young African nations as they tried to modernize and consolidate their independence in a world dominated by major powers and contending ideologies. It was a rude awakening to the harsh realities of nationhood. One of these was the desire by the major powers to turn African countries into client states as the two ideological camps, East and West, competed for world domination. As Julius Nyerere warned, "We are not going to allow our friends to choose our enemies for us." One of the most contentious grounds for this hegemonic control was, of course, the Congo, right in the middle of the continent. It became the bleeding heart of Africa as the country was turned into a combat theatre mainly between the surrogate forces of the West and the Congolese nationalist forces supported by a number of African countries and by the Soviet Union and the People's Republic of China. The Congo imbroglio since the turbulent sixties mainly as a result of foreign intrigue and intervention is one of the most important subjects addressed in this book. And it raises serious questions that have profound implications even today for a continent mired in conflict; this time ignited by the Africans themselves in many - but not in all - cases. Yet, prospects for the world's poorest and most embattled continent are not bleak if Africans seek their own solutions to their own problems in this post-Cold War era of globalization dominated by the industrialized nations. The book includes many photos from the early sixties, the dawn of a new era when Africancountries won independence, which Oginga Odinga described as "Not Yet Uhuru."
Download or read book Capital as Power written by Jonathan Nitzan and published by Routledge. This book was released on 2009-06-02 with total page 853 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.
Download or read book South Africa Pushed to the Limit written by Hein Marais and published by Bloomsbury Publishing. This book was released on 2011-01-13 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1994, the democratic government in South Africa has worked hard at improving the lives of the black majority, yet close to half the population lives in poverty, jobs are scarce, and the country is more unequal than ever. For millions, the colour of people's skin still decides their destiny. In his wide-ranging, incisive and provocative analysis, Hein Marais shows that although the legacies of apartheid and colonialism weigh heavy, many of the strategic choices made since the early 1990s have compounded those handicaps. Marais explains why those choices were made, where they went awry, and why South Africa's vaunted formations of the left -- old and new -- have failed to prevent or alter them. From the real reasons behind President Jacob Zuma's rise and the purging of his predecessor, Thabo Mbeki, to a devastating critique of the country's continuing AIDS crisis, its economic path and its approach to the rights and entitlements of citizens, South Africa Pushed to the Limit presents a riveting benchmark analysis of the incomplete journey beyond apartheid.
