On the Trail of Capital Flight from Africa
The Takers and the Enablers
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Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
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Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Publisher OUP Oxford
- Date of Publication 25 May 2023
- ISBN 9780198883135
- Binding Paperback
- No. of pages272 pages
- Size 233x154x15 mm
- Weight 418 g
- Language English 298
Categories
Short description:
This title uses quantitative, qualitative, and institutional analysis for each country is used to examine capital flight. This reveals a network of actors and enablers involved in capital flight and the accumulation of private wealth offshore. Addressing the problem of capital flight and related issues will require national and global efforts.
MoreLong 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.
A must read.
Table of Contents:
Introduction: Why Care about Capital Flight?
Capital Flight from Angola, Côte d'Ivoire, and South Africa: An Overview
Angola: Oil and Capital Flight
Côte d'Ivoire: Bitter Chocolate
South Africa: Capital Flight, State Capture, and Inequality
International Trade and Capital Flight: Challenges for Governance
Conclusions: Capital Flight in the World Economy
