The Changing Character of Financial Flows to Sub-Saharan Africa

  • Ingrid Harvold Kvangraven


The chapter analyzes the changing nature of capital flows to sub-Saharan Africa and related opportunities and risks given the characteristics of the sub-Saharan economies and the global environment in which they find themselves. The subcontinent has received unprecedented financial flows over the past decade, but some country groups are more exposed to these flows than others. A common trend for all countries in the region is that private capital inflows are becoming more important relative to public inflows. While new and growing capital flows offer increasing opportunities to finance economic development, the globally integrated sub-Saharan economies’ reliance on high concentrations of commodity exports puts them in a vulnerable position.


Foreign Direct Investment Gross Domestic Product Capital Flow Private Capital External Debt 
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Copyright information

© The Editor(s) (if applicable) and The Author(s) 2016

Authors and Affiliations

  • Ingrid Harvold Kvangraven
    • 1
  1. 1.The New School for Social ResearchNew YorkNYUSA

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