Nazli, Hina; Mahmood, Zafar - In: Economia Internazionale / International Economics 52 (1999) 1, pp. 79-90
Given the precarious balance of payments and debt situation, unrecorded flows of capital cause serious welfare losses. In order to formulate realistic policies, it is essential to have a knowledgeable account of such flows. Using different methodologies, the present paper estimates illicit...