Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/123578
Authors: 
Asongu, Simplice A.
Year of Publication: 
2013
Series/Report no.: 
AGDI Working Paper WP/13/008
Abstract: 
This paper provides an exhaustive assessment of feasible horizons for policy harmonization against African capital flight. The empirical evidence is based on a methodological innovation on common policy initiatives and the results are premised on 15 fundamental characteristics of African capital flight based on income-levels, legal origins, natural resources, political stability and religious domination. Based on the findings, a genuine standard-setting timeframe is in the horizon of 6-13 years. Within the timeframe, common policies are feasible and could be enforced without distinction of nationality or locality in identified fundamental characteristics with full convergence.
Subjects: 
Econometric modeling
Big push
Capital flight
Debt relief
Africa
JEL: 
C50
E62
F34
O19
O55
Document Type: 
Working Paper

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