global corporations Archives - ROAPE
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global corporations Tag

Nataliya Mykhalchenko reviews a book that describes the devastating impact of tax havens and capital flight for Africa. The book details the intricate relationship between capital flight, global corporations, bank secrecy and the elites, i.e. the power-accumulation nexus. As a proportion of total wealth, Africa is the most afflicted continent in the world. For example, elites on the continent hold approximately USD 500 billion in financial wealth offshore, roughly 30% of total financial wealth held by Africans....

At a ROAPE organised workshop at the ASAUK in September on 'African capitalist society' speakers reflected on the state of scholarship on capitalism in Africa and the dynamic and development of capitalism on the continent. Kate Meagher (LSE), Stefan Ouma (Frankfurt) and Jesse Ovadia (Windsor) were speakers, and Jörg Wiegratz (Leeds) and Peter Lawrence (Keele) chairs. ...