Leonce Ndikumana

University of Massachusetts at Amherst

Professor

200 Hicks Way

Dept of Economics, University of Massachusetts

Amherst, MA 01003

United States

http://www.umass.edu/economics/ndikumana.html

University of Cape Town, School of Economics

Visiting Professor

Private Bag X3

Rondebosch, Cape Town 7701

South Africa

University of Stellenbosch, Department of Economics

Honorary Professor

South Africa

SCHOLARLY PAPERS

25

DOWNLOADS
Rank 11,129

SSRN RANKINGS

Top 11,129

in Total Papers Downloads

8,713

TOTAL CITATIONS
Rank 12,686

SSRN RANKINGS

Top 12,686

in Total Papers Citations

174

Scholarly Papers (25)

1.

The Economics of Civil War: The Case of the Democratic Republic of Congo

Peri Working Paper No. 63
Number of pages: 44 Posted: 22 Oct 2003
Leonce Ndikumana and Kisangani Emizet
University of Massachusetts at Amherst and Kansas State University - Department of Political Science
Downloads 3,568 (6,669)
Citation 5

Abstract:

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2.

Financial Markets and Economic Development in Africa

PERI Working Paper No. 17
Number of pages: 52 Posted: 12 Feb 2003
Leonce Ndikumana
University of Massachusetts at Amherst
Downloads 1,485 (26,549)
Citation 11

Abstract:

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3.

Africa's Debt: Who Owes Whom?

PERI Working Paper No. 48
Number of pages: 12 Posted: 04 Apr 2003
James K. Boyce and Leonce Ndikumana
University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics and University of Massachusetts at Amherst
Downloads 435 (137,493)
Citation 3

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4.

The Linkages Between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment in Sub-Saharan Africa

IZA Working Paper No. 3296
Number of pages: 34 Posted: 23 May 2008
Leonce Ndikumana and Sher Verick
University of Massachusetts at Amherst and International Labour Organization (ILO)
Downloads 372 (164,160)
Citation 17

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FDI, private investment, public investment, Africa

5.

Capital Flows, Capital Account Regimes, and Foreign Exchange Rate Regimes in Africa

PERI Working Paper No. 55
Number of pages: 74 Posted: 25 May 2003
Leonce Ndikumana
University of Massachusetts at Amherst
Downloads 354 (173,464)
Citation 4

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6.

Capital Flight: Measurement and Drivers

Ajayi, S. I. and L. Ndikumana (Eds.) (2015) Capital Flight from Africa: Causes, Effects and Policy Issues. Oxford: Oxford University Press.
Number of pages: 64 Posted: 18 Aug 2015
Leonce Ndikumana
University of Massachusetts at Amherst
Downloads 344 (178,946)
Citation 12

Abstract:

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Capital flight; Africa; sub-Saharan Africa; balance of payments; residual method; trade misinvoicing; odious debts; revolving door; current account; capital account openness

7.

Capital Flight from Sub-Saharan African Countries: Updated Estimates, 1970-2010

Boyce, James K., and Léonce Ndikumana, 'Capital Flight from Sub-Saharan African Countries: Updated estimates, 1970-2010.' PERI Research Report (October 2012)
Number of pages: 26 Posted: 19 Jan 2013
Leonce Ndikumana and James K. Boyce
University of Massachusetts at Amherst and University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics
Downloads 294 (211,594)
Citation 34

Abstract:

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capital flight, sub-Saharan Africa

8.

Financial Development, Financial Structure and Domestic Investment:International Evidence

PERI Working Paper No. 16
Number of pages: 45 Posted: 12 Feb 2003
Leonce Ndikumana
University of Massachusetts at Amherst
Downloads 222 (280,043)
Citation 8

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9.

Public Debts and Private Assets: Explaining Capital Flight from Sub-Saharan African Countries

PERI Working Paper No. 32
Number of pages: 59 Posted: 05 Dec 2002
Leonce Ndikumana and James K. Boyce
University of Massachusetts at Amherst and University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics
Downloads 221 (281,206)
Citation 22

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capital flight, debt, sub-Saharan Africa, debt relief, capital control

Credit Constraints and Productive Entrepreneurship in Africa

ICER Working Paper No. 23/2011
Number of pages: 34 Posted: 19 Dec 2011
Mina Baliamoune-Lutz, Zuzana Brixiova and Leonce Ndikumana
University of North Florida, International Monetary Fund (IMF) - European Department and University of Massachusetts at Amherst
Downloads 155 (386,865)
Citation 8

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credit constraints, productive entrepreneurship, employment, policies

Credit Constraints and Productive Entrepreneurship in Africa

IZA Discussion Paper No. 6193
Number of pages: 30 Posted: 24 Dec 2011
Mina Baliamoune-Lutz, Zuzana Brixiova and Leonce Ndikumana
University of North Florida, International Monetary Fund (IMF) - European Department and University of Massachusetts at Amherst
Downloads 63 (716,540)

Abstract:

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credit constraints, productive entrepreneurship, employment, policies

11.

Is Africa a Net Creditor? New Estimates of Capital Flight from Severely Indebted Sub-Saharan African Countries, 1970-1996

PERI Working Paper No. 5
Number of pages: 51 Posted: 10 Nov 2003
James K. Boyce and Leonce Ndikumana
University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics and University of Massachusetts at Amherst
Downloads 193 (319,123)
Citation 32

Abstract:

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12.

Integrated Yet Marginalized: Implications of Globalization for African Development

African Studies Review, 58 (2), Nov. 2015
Number of pages: 28 Posted: 15 Aug 2015
Leonce Ndikumana
University of Massachusetts at Amherst
Downloads 170 (357,464)
Citation 1

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Africa, globalization, integration, trade, capital flight, illicit financial flows, epidemiological transition

13.

Impact of Sectoral Allocation of Foreign Aid on Gender Equity and Human Development

UNU/WIDER Working Paper No. 2013/066
Number of pages: 25 Posted: 20 Aug 2015
Lynda Pickbourn and Leonce Ndikumana
Hampshire College and University of Massachusetts at Amherst
Downloads 153 (391,084)
Citation 9

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Foreign aid; human development; gender equity; education; health

14.

Potential Gains from Capital Flight Repatriation for Sub-Saharan African Countries

World Bank Policy Research Working Paper No. 5024
Number of pages: 28 Posted: 20 Apr 2016
Hippolyte Fofack and Leonce Ndikumana
World Bank and University of Massachusetts at Amherst
Downloads 124 (461,801)
Citation 1

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Access to Finance, Economic Theory & Research, Investment and Investment Climate, Debt Markets, Emerging Markets

15.

Financing Domestic Investment in African Countries: Does the Source of Financing Matter?

Journal of African Development, Vol. 17, No. 2, 2015, PERI Working Paper No. 391
Number of pages: 30 Posted: 20 Aug 2015
Leonce Ndikumana and Theresa Mannah Blankson
University of Massachusetts at Amherst and University of Massachusetts Amherst
Downloads 124 (461,801)

Abstract:

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Africa; domestic investment; domestic savings; bank credit; official development aid; external debt; migrant remittances

16.

Revenue Mobilization in African Countries: Does Natural Resource Endowment Matter?

African Development Review, Vol. 22, No. 3, pp. 351–365, 2010
Number of pages: 15 Posted: 14 Jan 2013
Leonce Ndikumana and Kaouther Abderrahim
University of Massachusetts at Amherst and University of Tunis
Downloads 111 (502,101)

Abstract:

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17.

Credit Constraints & Productive Entrepreneurship in Africa

William Davidson Institute Working Paper No. 1025
Number of pages: 30 Posted: 30 Jan 2012
Zuzana Brixiova, Mina Baliamoune-Lutz and Leonce Ndikumana
International Monetary Fund (IMF) - European Department, University of North Florida and University of Massachusetts at Amherst
Downloads 83 (607,576)

Abstract:

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credit constraints, productive entrepreneurship, employment, policies

18.

Is There a Case for Formal Inflation Targeting in Sub-Saharan Africa?

University of Massachusetts, Political Economy Research Institute Working Paper No. 218
Number of pages: 52 Posted: 14 Jan 2013
Leonce Ndikumana and James Heintz
University of Massachusetts at Amherst and University of Massachusetts Amherst - Political Economy Research Institute
Downloads 67 (681,780)
Citation 6

Abstract:

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Africa, inflation targeting

19.

Africa's Counter-Cyclical Policy Responses to the Crisis

Journal of Globalization and Development Vol. 1(1) Article 16 (2010)
Number of pages: 22 Posted: 19 Jan 2013
Louis Kasekende, Zuzana Brixiova and Leonce Ndikumana
African Development Bank, International Monetary Fund (IMF) - European Department and University of Massachusetts at Amherst
Downloads 64 (697,612)

Abstract:

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Africa, inflation targetting, counter-cyclical policy, crisis

20.

The Financial Sector in Burundi

NBER Working Paper No. w18289
Number of pages: 50 Posted: 10 Aug 2012 Last Revised: 23 Jun 2023
Janvier Nkurunziza, Leonce Ndikumana and Prime Nyamoya
United Nations - Conference on Trade and Development (UNCTAD), University of Massachusetts at Amherst and OGI Consulting Group
Downloads 64 (697,612)
Citation 1

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21.

Better Global Governance for a Stronger Africa: A New Era, a New Strategy

Ernesto Zedillo (Ed.) (2014) Africa at a Fork in the Road: Taking Off or Disappointment Once Again? (e-book)
Number of pages: 18 Posted: 18 Aug 2015
Leonce Ndikumana
University of Massachusetts at Amherst
Downloads 47 (802,614)

Abstract:

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22.

Capital Flight from North African Countries

Ndikumana, Léonce and James K. Boyce, 'Capital flight from North African Countries.' PERI Research Report (October 2012)
Posted: 19 Jan 2013
Leonce Ndikumana
University of Massachusetts at Amherst

Abstract:

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Capital flight, North Africa

23.

Measurement of Capital Flight: Methodology and Results for Sub-Saharan African Countries

Posted: 14 Jan 2013
Leonce Ndikumana
University of Massachusetts at Amherst

Abstract:

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24.

Capital Flight from Sub-Saharan Africa: Linkages with External Borrowing and Policy Options

International Review of Applied Economics, Vol. 25, No. 2, March 2011, 149–170
Posted: 14 Jan 2013
Leonce Ndikumana
University of Massachusetts at Amherst

Abstract:

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capital flight, external debt, stolen assets, odious debt

25.

Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data

Posted: 20 Aug 2001
Leonce Ndikumana
University of Massachusetts at Amherst

Abstract:

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finance, investment, development, growth, sub-Saharan Africa