Research into the underlying determinants of shadow economy has paid little attention to the role of political leaders; many of whom received scholarships from the mother country or went to complete their military training outside their native country (that is, in another African country or in...

In studies of government and economics, an important issue is the relationship between the background of political leaders and economic performance. The aim of this paper is to empirically study the relationship between the background of political leaders and capital flight in Africa. Using a...