Panel discussion: "On the trail of capital flight from Africa"

Angola, Cote d'Ivoire, and South Africa are countries that have witnessed large-scale illicit financial outflows in recent decades.

But what are the 'who', 'how', and 'where' dimensions of the phenomenon? The quantitative, qualitative, and institutional analysis for each country is being used to examine the modus operandi of capital flight and the major domestic and foreign players (the who); the mechanisms of capital acquisition, transfer, and concealment (the how); and the destinations of capital flight and the transactions involved (the where).

Join our panel as they discuss how 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.

Panel:

• James K. Boyce, senior fellow at the Political Economy Research Institute at the University of Massachusetts Amherst
• Professor Léonce Ndikumana, Distinguished Professor of Economics and Director of the African Development Policy Program at the Political Economy Research Institute at the University of Massachusetts Amherst
• Nicholas Shaxson, author, journalist and investigator
• Professor Ricardo Soares de Oliveira, Director, Oxford Martin Programme on African Governance (Chair)

This talk is in conjunction with the Oxford Martin Programme on African Governance.