Robbing the Riches : Capital Flight, Institutions, and Instability

Capital Flight, Institutions, and Instability

Robbing the Riches : Capital Flight, Institutions, and Instability
Capital flight may undermine economic growth and the effectiveness of debt relief and foreign aid. This paper is the first attempt to test whether unsound macroeconomic policies or weak institutions lead to capital flight, using panel data for a large set of developing, emerging market and transition countries. In addition, the paper tests the... READ MORE...

Publication date: October 2005
ISBN 9781451862188
$15.00

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