On the Trail of Capital Flight from Africa The Takers and the Enablers

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  • Engels
  • Hardcover
  • 9780198852728
  • 20 januari 2022
  • 272 pagina's
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Oxford University Press

Oxford University Press had its origins in the information technology revolution of the late fifteenth century, which began with the invention of printing from movable type. The first book was printed in Oxford in 1478, only two years after Caxton set up the first printing press in England. Despite this early start, the printing industry in Oxford developed in a somewhat haphazard fashion over the next century. It consisted of a number of short-lived private businesses, some patronized by the University. But in 1586 the University itself obtained a decree from the Star Chamber confirming its privilege to print books. This was further enhanced in the Great Charter secured by Archbishop Laud from King Charles I, which entitled the University to print 'all manner of books'. The University established its right to print the King James Authorized Version of the Bible in the seventeenth century. This Bible Privilege formed the basis of a profitable business throughout the next two centuries and was the spur to OUP's expansion. A Bible warehouse was set up in London, which later grew into a major publisher of books with educational or cultural content aimed at the general reader. OUP then began to expand internationally, starting with the opening of an American office in 1896. Oxford's traditions of religious and academic publication were followed in New York. The first book published by the American office was the Scofield Reference Bible in 1909. After it came The Life of Sir William Osler, which won the Pulitzer Prize in 1926. Six more Pulitzers, several National Book Awards, and over a dozen Bancroft Prizes in American history have followed since. Since 1896, the business has changed considerably, with the growth and evolution of schools' publishing, particularly in the Branches; the introduction of English Language Teaching, Music, Journals, and Trade and General publishing; and the use of new technologies.

Samenvatting

This volumes uses quantitative, qualitative, and institutional analyses to examine capital flight from African countries. The collected chapters reveal the networks of actors that facilitate capital flight and the offshore accumulation of private wealth.



On the Trail of Capital Flight from Africa investigates the dynamics of capital flight from Angola, Côte d'Ivoire, and South Africa, countries that have witnessed large-scale illicit financial outflows in recent decades. Quantitative, qualitative, and institutional analysis for each country is used to examine the modus operandi of capital flight; that is, the 'who', 'how', and 'where' dimensions of the phenomenon. 'Who' refers to major domestic and foreign players; 'how' refers to mechanisms of capital acquisition, transfer, and concealment; and 'where' refers to the destinations of capital flight and the transactions involved. The evidence reveals a complex network of actors and enablers involved in orchestrating and facilitating capital flight and the accumulation of private wealth in offshore secrecy jurisdictions. This underscores the reality that capital flight is a global phenomenon, and that measures to curtail it are a shared responsibility for Africa and the global community. 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.

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Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
20 januari 2022
Aantal pagina's
272

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Leonce Ndikumana
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Oxford University Press

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165 mm
Product hoogte
23 mm
Product lengte
242 mm
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Verpakking breedte
165 mm
Verpakking hoogte
23 mm
Verpakking lengte
242 mm
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546 g

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9780198852728

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