Colonial Legacies, Illicit Flows & a Roadmap to Repair | Prof. Godfred Bokpin скачать в хорошем качестве

Colonial Legacies, Illicit Flows & a Roadmap to Repair | Prof. Godfred Bokpin

Professor Godfred Bokpin breaks down why Africa’s debt has ballooned, tracing the crisis to colonial-era economic structures, current trade and debt diplomacy, weak natural resource governance, and massive illicit financial outflows. He explains how high interest rates and borrowing for consumption (not productive investment) trap African economies, why intra-African fiscal and transport connectivity is so weak, and how value‑addition, stronger domestic capital formation, and united regional bargaining power can shift the balance. The conversation also highlights recommendations from the “black paper”: structural reforms across governance, climate, resource management, and inequality, and practical steps to empower local industry, protect SMEs from predatory foreign retail entry, and rebuild fiscal resilience. Watch to learn: How colonial legacies still shape Africa’s financial dependence The scale and impact of illicit financial flows versus foreign inflows Why adding value (not exporting raw materials) is central to jobs and revenue Policy priorities: unite, reengineer fiscal structures, strengthen capital markets, and protect local businesses