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Capital Flight: Measurement and Drivers (Record no. 680)

000 -LEADER
fixed length control field 01704nam a2200157 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Ndikumana,L , Boyce, J .K.and Ndiaye,A. S
245 ## - TITLE STATEMENT
Title Capital Flight: Measurement and Drivers
250 ## - EDITION STATEMENT
Edition statement Working Paper Series
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication USA
Name of publisher Political Research Institute-University of Massachusetts Amherst
Year of publication 2014
300 ## - PHYSICAL DESCRIPTION
Number of Pages 64p.
490 ## - SERIES STATEMENT
Series statement Number 363
520 ## - SUMMARY, ETC.
Summary, etc This paper describes the nature of capital flight, the methodologies used to measure it, and its drivers. The paper presents updated estimates of the magnitude of capital flight from 39 African countries for which adequate data are available for the period 1970-2010. It gives a global context of the problem of capital flight from Africa by providing comparative indicators on capital flight and related flows for other developing regions. The paper undertakes a detailed econometric analysis of the drivers of capital flight from African countries. It explores empirically the role of domestic and external factors in driving capital flight, including structural factors, the macroeconomic environment, governance, risk and returns to investment, capital account openness, and financial development. The first objective of the study is to contribute to the literature by providing the most comprehensive analysis of capital flight from Africa that takes into account economic as well as non-economic dimensions, and recognizes the importance of both the domestic and global contexts. The second objective is to contribute to the policy debate on capital flight both in Africa and globally.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Capital Flight , Balance of Payments ,Trade Misinvoicing
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/WP363.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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