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Stemming Capital Flight in Africa

by Ayeko-Kümmeth, J.
Published by : World Politics Review (USA) Physical details: 2p.
Subject(s): Capital Flight
Year: 2017
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The piece outline various efforts the continent is putting in place to stem capital flight.Capital flight has long been a problem in Africa, as many countries struggle to meet development goals while trying to control the illegal movement of money outside of the continent. The steps being taken to address the problem on a global level, include the establishment of the high level panel on illicit financial flows as part of the United Nations Economic Commission for Africa (ECA.It also includes Professor Léonce Ndikumana views about capital flight in Africa and the importance of allowing the international community to get involved.



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