This chapter analyzes the European Union's (EU) development initiatives in Africa. The relationship between the EU and Africa dates back to the inauguration of the EU in the 1950s and has since undergone different iterations as a paragon of Global North and Global South development interactions....

While illicit capital flight is a major concern of policy makers in developing countries, there is only little research on the possible link between capital flight and development aid. In this paper, we address the issue for Nepal, a stereotypical financially-closed developing economy that is...