Strategies for Addressing Capital Flight

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dc.contributor.authorBoyce, James K.
dc.contributor.authorNdikumana, LĂ©once
dc.date.accessioned2019-02-17T16:37:18Z
dc.date.available2019-02-17T16:37:18Z
dc.date.issued2014-09
dc.descriptionHJ 8842.5en_US
dc.description.abstractThis paper discusses strategies to stem capital flight from African countries. It emphasizes the importance of the distinction between licitly and illicitly acquired capital, and the need to tailor strategies to the specific type of capital flight concerned. Policies to prevent the illegal export of honestly acquired capital and strategies to address both trade-related capital flight and transfer pricing are examined. The paper discusses strategies for preventing asset theft and for tracking and repatriating stolen assets. It discusses the burden of odious debts and the role of debt audits in addressing this problem. Finally it maps the contours of a global compact for the prevention of capital flight and tax evasion.en_US
dc.description.sponsorshipAERCen_US
dc.identifier.urihttps://publication.aercafricalibrary.org/handle/123456789/47
dc.publisherThe African Economic Research Consortiumen_US
dc.subjectCapital flighten_US
dc.subjectAfricaen_US
dc.subjectSub-Saharan Africaen_US
dc.subjectTrade misinvoicingen_US
dc.subjectTransfer pricingen_US
dc.subjectOdious debten_US
dc.subjectDebt auditen_US
dc.subjectIllicit financial flowsen_US
dc.titleStrategies for Addressing Capital Flighten_US
dc.title.alternativeResearch Paper 80en_US
dc.typeArticleen_US
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