The authors examine flight capital in the context of portfolio choice. They estimate the stock of flight capital held abroad and compare it with the stock of real (nonfinancial) capital held within each country. For 51 countries they construct estimates (as of 1990) of private domestic capital and flight capital - which combined add up to domestic wealth. There are large regional differences in the proportion of private wealth that is held abroad...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1999/02/28
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Рабочий документ в рамках исследования вопросов политики
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WPS2066
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1
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1
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2010/07/01
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Flight capital as a portfolio choice
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capital flight
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Официальная версия документа (может содержать подписи, и т.д.)