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? It is essential to understand that this depends on the same global system that handles “offshore investments” by Mitt Romney and others in the global 1%.
Edited by William Minter and Timothy Scarnecchia
Special Bulletin Editors: Léonce Ndikumana and James Boyce
Table of Contents
Rich Presidents of Poor Nations: Capital Flight from Resource-Rich Countries in Africa | pdf
Illicit Financial Flows: A Constraint on Poverty Reduction in Africa | pdf
The Paradox of Capital Flight from a Capital-Starved Continent | pdf
Stolen Asset Recovery: The Need for a Global Effort | pdf
Tax Havens: An Emerging Challenge to Africa’s Development Financing | pdf
Information Resources on Capital Losses and Related Issues | pdf
Download the entire Bulletin in PDF here: pdf