Collier, Paul; Hoeffler, Anke; Pattillo, Catherine - 2001
is held abroad. There are large regional differences in this proportion, ranging from 5 percent in South Asia to 40 … percent in Africa. The authors explain cross-country differences in portfolio choice using variables that proxy differences in … indebted poor countries on capital repatriation; and why so much of Africa's private wealth is held outside the continent. …
