| 000 -LEADER | |
|---|---|
| fixed length control field | 01877nam a22001337a 4500 |
| 100 ## - MAIN ENTRY--AUTHOR NAME | |
| Personal name | Kant, Chander |
| 245 ## - TITLE STATEMENT | |
| Title | Foreign Direct Investment and Capital Flight |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication | New Jersey |
| Name of publisher | Princeton University |
| Year of publication | 2006 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Number of Pages | 46p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | oreign direct investment (FDI) is now the largest single source of external finance for developing countries, and the share of developing countries in global FDI inflows has now reached an historic high. In addition, capital flight is also having a significant effect on finance and development. Because foreign debt and capital flight appear to accumulate simultaneously, it is natural to ask whether FDI inflows, by increasing the availability of foreign exchange, similarly facilitate capital flight or whether these inflows mark, instead, a reduction of capital flight (or a gradual return of flight capital).Because the robustness of any results can be established only if the same conclusions hold even with quite different measures of capital flight, this study addresses three questions: (1) Do FDI inflows in developing countries facilitate capital flight (as private external borrowings have), or do they, instead, mark a reduction in capital flight or a return of flight capital? (2) Does the relation between capital flight and foreign direct investment depend on the specific measure of capital flight used? (3) Is the dominant cause of capital flight general economic mismanagement, or is it discriminatory treatment against residents' capital? Similarly, is foreign direct investment explained by a generally attractive investment climate, or is it explained by preferential treatment given specifically to such investment? |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Capital flight Investments Capital inflow Capital outflow Debt |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | http://iffoadatabase.trustafrica.org/iff/foreign_direct_investment_and_capital_flight.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Computer Files |
No items available.