Professor Flumo Yanquoi Stevens, Liberian Economist (1939-2015)  - A Brief Tribute


By D. Elwood Dunn


The Perspective
Atlanta, Georgia
November 24, 2015

                  



 
 
 
 
Dr. Flumo Yanquoi Stevens

As the ranks of our generation shrink, it seems fitting to pause and pay homage. This time we honor the memory of Dr. Flumo Yanquoi Stevens who passed away surrounded by his family in a Wilmington, Delaware hospital on November 15, 2015 at age 76.

I first met the unpretentious but brilliant Flumo at Cuttington College (now University) in Suacoco, Liberia in the early 1960s. He graduated a class ahead of me in 1963 majoring in Economics. He would go on to graduate studies and to a brilliant career as an economics professor and researcher, as well as a one time Dean of the College of Business of the University of Liberia.

Born September 23, 1939 at Fissibu, Lofa County, Liberia to Yamah Loupu and Galakpai Bonawu, his early education was at Fissibu though he continued at the Lutheran mission in Zorzor where he completed elementary school in 1954. He acquired his high school diploma from the Lutheran Training Institute in 1959. Cuttington College and Divinity School then followed where he completed the B.S. degree in 1963.  Graduate studies in the United States ensued and culminated with an M.B.A. (Syracuse University, 1969), an M.A. economics (University of Nebraska, 1973), and a Ph.D. economics (University of Nebraska, 1974).

Dr. Stevens began his career as an officer of the Bank of Monrovia in 1964.  Upon completing the M.B.A. he joined the University of Liberia’s Business College as an administrative assistant and instructor (1969-1971). With the terminal degree in hand, he became an assistant professor at Wayne State University (1974-77); dean of the Business College at the University of Liberia (1977-79); then back to Wayne State (1979-83), the University of Michigan-Flint (1984-87), and finally at Lawrence Technological University as professor of management from 1987 to his honorable retirement in 2005.

During his time at the University of Liberia in the late 1970s, Stevens was a research consultant on fiscal affairs at the Ministry of Finance.  He also served on a number of Liberian presidential commissions addressing the economy, notably the “Private Sector Commission on Improving Investment Possibilities in Liberia” (1978). In his long and distinguished career he presented a number of scholarly papers at academic conventions, notably “Quantitative Perspective on Political Risk Analysis to Direct Foreign Investment – A Closer Look,” in Multinational Business Review (Spring 1997). He also published numerous articles in Liberian newspapers including the Liberian Age and the Liberian Star.  Stevens authored the textbook Managerial Accounting (first published 1995).

Dr. Stevens is survived by his four children – Wubu Stevens Hendricks, Bonawu Stevens, Sr., Mackerson Kowa Stevens and Kolu Stevens, his former wife of 28 years, Mrs. Olina Bailey, four grandchildren, three sisters and a host of other relatives and friends in Liberia and the United States. His mortal remains will be interred following funeral rites at the Hope Lutheran Church in New Castle, Delaware, USA.

Well done Flumo! May your soul through God’s mercy rest in perfect peace!

 

D. Elwood Dunn
A CUTTINGTON SCHOOLMATE


 

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