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eBook
Africa's odious debts
2011
Overview
Africa's Odious Debts explodes the myth that Africa is a drain on the West's finances, revealing that the continent is actually a net creditor to the rest of the world. Of the money borrowed by African governments, more than half departs in the same year, with a significant portion of it winding up in private accounts at the very banks that provide the loans. Meanwhile, debt-servicing means less money for public health and other needs. Revealing the intimate links between foreign loans and capital flight, this is a vital book for anyone interested in Africa, its future and its relationship with the West.
Publisher
NBN International,Zed Books,Bloomsbury Academic & Professional
Subject
ISBN
1848134606, 1848134592, 9781848134591, 9781848134607, 9781848134584, 1848134584
