Each year Africa loses more money than it receives through official development aid. A great deal of the money ends up in the rich North, through dark channels. As a result, the poorest continent of the world is ironically the net creditor of the world. Professor Léonce Ndikumana, one of the leading experts on the issue of capital flight and development, examines the mechanisms through which African money is leaving the country and outlines strategies to address the problem- both in the Northern and the Southern hemisphere.
pg-journal sees itself as a committed debate platform for questions of international and European policy. We want to not only describe, but also give impulses through critical interpretations and evaluations. The thematic range covers foreign, security, and development policy issues as well as challenges of European integration and global environmental issues.
From 9-14 August, the Degrowth Summer School will take place in Erkelenz, Germany. Focusing on climate justice, participants will discuss the necessity to change our energy- and resource-intensive way of life, and will think about concrete solutions and alternatives. FES Sustainability is contributing with 2 workshops, see the full Programme here.