Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/53029
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dc.contributor.authorHermes, Nielsen_US
dc.contributor.authorLensink, Roberten_US
dc.contributor.authorMurinde, Victoren_US
dc.date.accessioned2011-12-14T09:46:21Z-
dc.date.available2011-12-14T09:46:21Z-
dc.date.issued2002en_US
dc.identifier.isbn9291903256en_US
dc.identifier.urihttp://hdl.handle.net/10419/53029-
dc.description.abstractIn this paper, we review the theoretical and empirical literature on capital flight. First, we discuss the measurement of capital flight. Next, we provide information on the magnitude as well as the ‘burden’ of capital flight for a selected set of developing countries in four regions of the world (South Asia, East Asia, Sub-Saharan Africa and Latin America). Moreover, we review the literature on the determinants of capital flight and provide an overview of empirical studies that have analysed the determinants of capital flight. In the light of the discussion of these determinants, we assess the prospects for flight capital reversal. We conclude by proposing some policy measures to stem continued capital flight and induce capital flight reversal.en_US
dc.language.isoengen_US
dc.publisher|aUNU-WIDER |cHelsinkien_US
dc.relation.ispartofseries|aWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) |x2002/99en_US
dc.subject.jelF29en_US
dc.subject.jelF39en_US
dc.subject.jelO11en_US
dc.subject.ddc330en_US
dc.subject.keywordcapital flighten_US
dc.subject.keywordflight capital reversalen_US
dc.subject.keyworddevelopment financeen_US
dc.subject.stwKapitalfluchten_US
dc.subject.stwEntwicklungsfinanzierungen_US
dc.subject.stwEntwicklungsländeren_US
dc.subject.stwSüdasienen_US
dc.subject.stwOstasienen_US
dc.subject.stwZentralafrikaen_US
dc.subject.stwLateinamerikaen_US
dc.titleFlight capital and its reversal for development financingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn358488907en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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