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Capital Flight from Africa: Causes, Effects, and Policy - download pdf or read online

By S. Ibi Ajayi,Léonce Ndikumana

This edited assortment offers the main complete thematic research of capital flight from Africa, overlaying fiscal and institutional facets, in addition to household and worldwide dimensions. it's prepared in 3 components. the 1st half discusses the significance of capital flight within the context of the advance coverage discourse at nationwide and foreign point. This half takes inventory of the present facts at the nature, reasons, and effects of capital
flight. It offers the newest facts at the importance of capital flight from 39 African international locations, and an in depth research of the impression of capital flight on monetary improvement usually and on poverty relief particularly. the second one half examines monetary components and affects of capital
flight. It provides research of capital flight in a circulation of money context, the effect of capital flight on macroeconomic results with a spotlight on progress, and the linkages among capital flight and fiscal coverage, monetary liberalization, and the worldwide economic climate. The 3rd half explores the household and foreign institutional setting and its relevance for capital flight and stolen asset restoration. It discusses the position of governance, tax evasion, and secrecy jurisdictions in
driving capital flight. The final a part of the publication deals feedback for concepts to deal with the matter of capital flight from African countries.

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Capital Flight from Africa: Causes, Effects, and Policy Issues by S. Ibi Ajayi,Léonce Ndikumana


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