Abstract
Raudino provides an encompassing review of Africa’s international economic relations by collecting key data in African countries’ balances of payments (BoPs), including international transactions of goods and services and primary and secondary income in the current account, as well as foreign direct investments and portfolio investments in the financial account. The chapter also provides estimates of non-BoP variables having a relevant impact upon Africa’s international economic, trade and finance position, including capital flight and migration. “Quantitative assessment of Africa’s international economic relations” concludes suggesting that all the reviewed flows—financial, commercial and human—concur in portraying a picture characterized by a regular transfer of value-adding jobs, trade and investment opportunities from Africa towards its main economic partners, both in the West and in Asia.
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