This study assesses the relevance of foreign aid in the incidence of capital flight on unemployment in 20 countries in … findings, capital flight has a positive unconditional incidence on unemployment, while foreign aid dampens the underlying …, foreign aid thresholds of 2.230 and 3.964 (% of GDP) are needed at the 10th and 25th quantiles, respectively, of the …

implications for foreign aid allocation strategies, especially in countries involved in offshore leaks and with high corruption …