Steinkamp, Sven; Westermann, Frank - In: The World Economy 45 (2021) 7, pp. 2305-2336
While illicit capital flight is a major concern of policymakers in developing countries, there is only little research … on the possible link between capital flight and development aid. In this paper, we address the issue for Nepal, a … our approach are the use of a narrowly defined proxy of capital flight, based on trade cost‐adjusted mirror trade …