Seminar: Africa and the Perversities of International Capital Flows

Funds generated from FDI have seldom been reinvested with profits rapidly exported out of the country. This seminar will not only document and criticize this impact but draw on institutional economic tools to try to explain the outcome and generate an alternative framework for improved financial-development linkages. Speaker: Prof. Howard Stein, Department of Afroamerican and African Studies, University of Michigan.

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