Léonce Ndikumana
- Affiliation: University of Massachusetts
Léonce Ndikumana is Professor of economics at the University of Massachusetts, Amherst. He served as Director of Operational Policies and Director of Research at the African Development Bank, and Chief of Macroeconomic Analysis at the United Nations Economic Commission for Africa (UNECA).
Books by Léonce Ndikumana
Africa’s Odious Debts
How Foreign Loans and Capital Bled a Continent
James Boyce, Léonce Ndikumana
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 $700 billion in the past four decades. But Africa’s foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through… (more information)