Author: Simeon Ibidayo AjayiPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 46
Book Description
Capital Flight and External Debt in Nigeria
Author: Simeon Ibidayo AjayiPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 46
Book Description
Macroeconomic Approach to External Debt
Author: Simeon Ibidayo AjayiPublisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 80
Book Description
Covers the period from 1970 to 1988.
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 Economic Analysis of Capital Flight from Nigeria
Author: Simeon Ibidayo AjayiPublisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 82
Book Description
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.
Africa's Odious Debts
Author: Professor Léonce NdikumanaPublisher: Zed Books Ltd.
ISBN: 1780321465
Category : Social Science
Languages : en
Pages : 132
Book Description
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.
Foreign Capital Flows and External Debt
Author: Michael I. ObadanPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 540
Book Description
An Econometric Analysis of Capital Flight from Nigeria
Author: Akanni O. LawansonPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 52
Book Description
Debt, Financial/economic Stability and Public Policy
Author: G. N. OsagieCapital 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