Africa's Odious Debts : How Foreign Loans and Capital Flight Bled a Continent
Boyce, James K., Ndikumana, LÃ once
Language: English
Published by Zed Books, Limited, 2011
Series: Book 8 of 33 - African Arguments
- Softcover
- Used
Seller: Better World Books, Mishawaka, IN, U.S.A.Better World Books
AbeBooks seller since August 3, 2006
Condition: Used - Good
£ 5.57
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Former library copy. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.
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- Title
- Africa's Odious Debts : How Foreign Loans and Capital Flight Bled a Continent
- Author
- Boyce, James K., Ndikumana, LÃ once
- Publisher
- Zed Books, Limited
- Publication year
- 2011
- Condition
- Good
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1848134592
- ISBN 13
- 9781848134591
- Item weight
- 0.342 pounds
- Dimensions
- N/A
- Series
- Book 8 of 33: African Arguments
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.
"Synopsis" may belong to another edition of this title.
About the Author
Léonce Ndikumana is Professor of economics at the University of Massachusetts, Amherst. He served as Director of Operational Policies and Director of Research at the African Development Bank, and Chief of Macroeconomic Analysis at the United Nations Economic Commission for Africa (UNECA). He has contributed to various areas of research and policy analysis on African countries, including the issues of external debt and capital flight, financial markets and growth, macroeconomic policies for growth and employment, and the economics of conflict and civil wars in Africa. He is a graduate of the University of Burundi and received his doctorate from Washington University in St. Louis, Missouri.
"About the title" may belong to another edition of this title.
Better World Books
Mishawaka, IN, U.S.A.
AbeBooks seller since August 3, 2006
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