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dc.contributor.authorHermes, Nielsen
dc.contributor.authorLensink, Roberten
dc.contributor.authorMurinde, Victoren
dc.date.accessioned2011-12-14T09:46:21Z-
dc.date.available2011-12-14T09:46:21Z-
dc.date.issued2002-
dc.identifier.isbn9291903256en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Discussion Paper |x2002/99en
dc.subject.jelF29en
dc.subject.jelF39en
dc.subject.jelO11en
dc.subject.ddc330en
dc.subject.keywordcapital flighten
dc.subject.keywordflight capital reversalen
dc.subject.keyworddevelopment financeen
dc.subject.stwKapitalfluchten
dc.subject.stwEntwicklungsfinanzierungen
dc.subject.stwEntwicklungsländeren
dc.subject.stwSüdasienen
dc.subject.stwOstasienen
dc.subject.stwZentralafrikaen
dc.subject.stwLateinamerikaen
dc.titleFlight capital and its reversal for development financing-
dc.typeWorking Paperen
dc.identifier.ppn358488907en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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