Rate My Professor Léonce Ndikumana

Ndikumana's academic interests encompass capital flight from sub-Saharan Africa and its magnitudes, causes, and consequences; external debt, foreign aid, and private capital flows; macroeconomic policies including fiscal, monetary, and exchange rate regimes in African countries; financial systems and real economic activity; economics and politics of conflicts and civil wars; post-conflict reconstruction and state building; and natural resources management with domestic resource mobilization. His scholarship has profoundly influenced debates on illicit financial flows, globalization, and tax cooperation. Major honors include the Andrew Carnegie Fellowship (2021), UMass Alumni Association Distinguished Faculty Award (2017), UMass Award for Outstanding Accomplishments in Research and Creative Activity (2013), UMass Spotlight Scholar (2013), and Dudley Seers Memorial Prize for the best article in the Journal of Development Studies Volume 38 (co-authored with James K. Boyce). Key publications feature books such as On the Trail of Capital Flight from Africa: The Takers and the Enablers (2022, with James K. Boyce, Oxford University Press), Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent (2011, with Boyce, Zed Books), and Capital Flight from Africa: Causes, Effects and Policy Issues (2015, co-editor with S.I. Ajayi, Oxford University Press); and articles including "Is Africa a net creditor? New estimates of capital flight from severely indebted sub-Saharan African countries, 1970-96" (2001, World Development, with Boyce) and "Can National Development Banks Help Alleviate the Shortage of Patient Investment Capital in Africa?" (2023, Journal of African Development, with K. Naidoo and F. Perez).