Africa's odious debts how foreign loans and capital flight bled a continent
- London Zed Books 2011
- xi, 135 p. : ill., map ; 20 cm.
Includes bibliographical references (p. 121-130) and index.
In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than