01190nam a22001097a 4500100005000000245006200050260003100112300000900143520077400152650001900926856013500945  aHermes, Niels Lensink, Robert Murinde, Victor  aFlight Capital and its Reversal for Development Financing  aFinland:  bWIDER,c2002.   a27p.  aIn this paper, reviews the theoretical and empirical literature on capital flight. First, discussed is the measurement of capital flight. Next, the provision of information on the magnitude as well as the"burden" of capital flight for a selected set of developing countries in four regions of the world (South Asia, East Asia, Sub-Saharan Africa and Latin America). Moreover, reviewed are the literature on the determinants of capital flight and provide an overview of empirical studies that have analysed the determinants of capital flight. In the light of the discussion of these determinants, we assess the prospects for flight capital reversal. The conclusion is by proposing some policy measures to stem continued capital flight and induce capital flight reversal.  aCapital flight  uhttp://iffoadatabase.trustafrica.org/iff/flight_capital_and_its_reversal_for_development_financing-discussion_paper_no_2002-99.pdf