Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent

JAMES K. BOYCE, DEVELOPMENT, PEACEKEEPING AND ENVIRONMENT PROGRAM, PERI Institute LEONCE NDIKUMANA, PROF. ECONOMICS, UMASS AMHERST A new book titled Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent begins its conclusion with the following. During the past four decades, sub-Saharan Africa has experienced a financial hemorrhage. We estimate that from the […]