Brada, Josef C.; Kutan, Ali M.; Vukšić, Goran - In: World Development 51 (2013) C, pp. 32-46
We estimate capital flight from 10 Central and Eastern European countries for the period 1996–2009. Capital flight from the transition economies is mainly an economic phenomenon, driven by differences in interest rates and investors’ perceptions of economic conditions in their countries as...
