| 000 -LEADER | |
|---|---|
| fixed length control field | 01128nam a22001217a 4500 |
| 100 ## - MAIN ENTRY--AUTHOR NAME | |
| Personal name | Dooley, Michael P Kletzer, Kenneth M |
| 245 ## - TITLE STATEMENT | |
| Title | Capital Flight, External Debt and Domestic Policies |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication | San Francisco: |
| Name of publisher | Economic Review, Federal Reserve Bank of San Francisco, |
| Year of publication | 1994. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | It is now well documented that capital flight has been a dominant feature of capital movements between developing and industrial countries. Since 1988 reductions in the stock of flight capital more than account for private capital flows to emerging markets. This suggests that what appears to be a diversification of portfolios of residents of developed countries may be a restoration of 'home bias' in the portfolios of residents of developing countries. The authors show that changes in the stock of capital flight can increase or decrease welfare depending on the structure of distortionary taxes and subsidies on capital income and the effects of capital flight on the tax base. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Capital flight, Debt, Capital inflow |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | iffoadatabase.trustafrica.org/iff/Capita flight external debt policy.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Computer Files |
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