Leonce Ndikumana


Léonce Ndikumana

Léonce Ndikumana is a Professor of Economics at the University of Massachusetts at Amherst. He is also Director of the African Development Policy Program at the Political Economy Research Institute (PERI). He was a recipient of the 2013 UMass Award for Outstanding Accomplishments in Research and Creative Activity and was nominated as Spotlight Scholar also in 2013. He is a Member of the United Nations Committee on Development Policy and an Honorary Professor of economics at the University of Stellenbosch, South Africa. He served as Director of Research and Operational Policy at the African Development Bank, and Chief of Macroeconomic Analysis at the United Nations Economic Commission for Africa (UNECA).
Ndikumana's research specialization is in macroeconomics and economic development with a focus on: external debt and capital flight, financial markets and growth, macroeconomic policies for growth and employment, and the economics of conflict and civil wars in Africa. He is co-author of Capital Flight from Africa: Causes, Effects and Policy Issues; Africa's Odious Debt: How Foreign Loans and Capital Flight Bled a Continent, published also in French as La Dette Odieuse d'Afrique: Comment l'endettement et la fuite des capitaux ont saigné un continent, in addition to dozens of academic articles and book chapters on African development and Macroeconomics.
Léonce Ndikumana is a graduate of the University of Burundi and received his doctorate in economics from Washington University in St. Louis, Missouri.

UMass  Spotlight Scholar, 2013
UMass Award for Outstanding Accomplishments in Research and Creative Activity, 2013

New course in Fall 2014: Econ 597DP - The Practice of Development Policy and International Cooperation

New Book: In S. I. Ajayi and L. Ndikumana (Eds.), Capital Flight from Africa: Causes, Effects and Policy Issues. Oxford: Oxford University Press.

New Working Papers:
Ndikumana, Léonce and Theresa Mannah-Blankson, “Financing Domestic Investment in African Countries: Does the Source of Financing Matter?” PERI Working Paper 391.
Better Global Governance for a Stronger Africa: a New Era, a New Strategy, PERI Working Paper 369
Capital Flight: Measurement and Drivers, PERI Working Paper 363
 "Implications of monetary policy for credit and investment in sub-Saharan African countries", PERI Working Paper 356
"Savings, Capital Flight, and African Development", PERI Working Paper 353.