Author: Simeon Ibidayo AjayiPublisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 82
Book Description
An Economic Analysis of Capital Flight from Nigeria
Author: Simeon Ibidayo AjayiPublisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 82
Book Description
An Econometric Analysis of Capital Flight from Nigeria
Author: Akanni O. LawansonPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 52
Book Description
On the Trail of Capital Flight from Africa
Author: Distinguished Professor of Economics and Director of the African Development Policy Program Léonce NdikumanaPublisher: Oxford University Press
ISBN: 019885272X
Category : Africa
Languages : en
Pages : 273
Book Description
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.
Capital Flight and External Debt in Nigeria
Author: Simeon Ibidayo AjayiPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 46
Book Description
Capital Flight from Africa
Author: Simeon Ibidayo AjayiPublisher: Oxford University Press, USA
ISBN: 0198718551
Category : Business & Economics
Languages : en
Pages : 455
Book Description
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
Capital Flight. The Hidden Hand in Nigeria's Economic Destruction
Author: Ugwuja Chinonso OliverPublisher: GRIN Verlag
ISBN: 366899207X
Category : Business & Economics
Languages : en
Pages : 19
Book Description
Seminar paper from the year 2019 in the subject Economics - International Economic Relations, University of Nigeria, course: ECONOMICS, language: English, abstract: This paper deals with the composition and constituents of capital flights, its implications as well as theoretical expositions and praxis. Virtually, all macroeconomic sage, as well as, most scintillating economists stress that Nigeria's economic somnambulism and financial crunch is consequent upon the following; dwindling of oil price in the international market, undiversified economy, unchecked inflation, high rate of unemployment and a little emphasis on the adverse effect of exchange rate volatility on economic growth, without a clear consideration of how capital flight contributes to the economic mess in Nigeria. Put differently, many scholars have actually exposed how the aforementioned macroeconomic variables are responsible for economic melt-down, but, the backwash of illegal financial exodus (capital flight) on the effeteness of Nigerian economy appears to have been jettisoned. Capital flight, no doubt, had remained conceptually an elusive phenomenon. This is because it seems unclear what differentiates capital flight from normal capital outflows. So, capital flight is one of the terms that suffer from problems of definition and is therefore prone to various interpretations and applications. In fact, so confused is the term that many researchers in international economics, in attempting to give empirical support become guilty of the concept and as a result thrive on barefoot empiricism and outlandish intellectual circumvention.
External Debt and Capital Flight in Sub-Saharan Africa
Author: Mr.Mohsin S. KhanPublisher: International Monetary Fund
ISBN: 9781557757913
Category : Business & Economics
Languages : en
Pages : 336
Book Description
Mounting external debt and large-scale capital flight have been at the forefront of Africa's economic problems since the 1980s. External Debt and Capital Flight in Sub-Saharan Africa, edited by S. Ibi Ajayi and Mohsin S. Khan, takes a penetrating look at debt and capital flight during the 1990s in Ghana, Kenya, Nigeria, Tanzania, and Uganda. The book describes the size and composition of debt in the selected countries and examines the causes of the debt buildup. It also assesses the extent of capital flight and suggests ways of stemming the flight of financial resources.
An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub-Saharan Africa
Author: Mr.Simeon Inidayo AjayiPublisher: International Monetary Fund
ISBN: 1451961111
Category : Business & Economics
Languages : en
Pages : 63
Book Description
The general objective of this study is to analyze the external debt and debt burdens of the severely indebted sub-Saharan African countries, estimate the magnitude of capital flight from them, and relate the estimate of capital flight to some macroeconomic aggregates. The study also contains policy implications of international efforts to deal with the high levels of external debt in sub-Saharan Africa in conditions of extreme poverty, and stagnant and declining exports. It questions the theoretical foundation in which the external debt strategy has been based and offers solutions to the external debt problem.
An Economic Analysis of Capital Flight from Nigeria
Author: Simeon Ibidayo AjayiPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 84
Book Description
Eliminating distortions in Nigeria's economy could minimize externally held foreign claims and capital flight.
Inclusive Growth in Africa
Author: Steve Kayizzi-MugerwaPublisher: Routledge
ISBN: 1317203550
Category : Social Science
Languages : en
Pages : 261
Book Description
Inclusive Growth in Africa analyzes the concept of inclusion within the challenges facing Africa’s rapidly growing economies, where rising affluence for some has been accompanied almost everywhere with rising inequality. Using a combination of political economy analyses, sector studies and econometric models, the contributors delve into a range of areas associated to the new realities on the continent. Topics covered include issues of disability, corruption, capital flight, and their implications for economic sustainability. There is also a discussion of the impact on development of dependence on externally determined prices for Africa’s natural resources. Other sector analyses look at agriculture and wind power, and the innovations required to make a difference for the poorer majority. The book comprises of a rich array of essays on socio-economic inclusion in Africa by authors drawn from academia, African think tanks and international organizations. It would be of interest to scholars and students of many disciplines, including: Economics, Sociology, Development Studies, and African Studies.