Showing 1 - 10 of 19
In this paper, we review the theoretical and empirical literature on capital flight. First, we discuss the measurement of capital flight. Next, we provide information on the magnitude as well as the ‘burden’ of capital flight for a selected set of developing countries in four regions of the...
Persistent link: https://www.econbiz.de/10010279273
The study assesses the effect of capital flight in the nexus between foreign aid and renewable energy consumption in 20 countries in Sub-Saharan Africa using data for the period 1996-2018. The empirical technique employed is interactive quantile regressions and the following findings are...
Persistent link: https://www.econbiz.de/10014335599
We construct an overlapping generations model to study the effect of capital controls on human capital investments and the incidence of redistributive politics in a growing economy. We argue that the conventional wisdom linking higher capital controls to lower growth is reproduced only when an...
Persistent link: https://www.econbiz.de/10010263568
We construct an overlapping generations model to study the effect of capital controls on human capital investments and the incidence of redistributive politics in a growing economy. We argue that the conventional wisdom linking higher capital controls to lower growth is reproduced only when an...
Persistent link: https://www.econbiz.de/10005864875
Is China-Africa economic relation instrumental for capital flight and poverty reduction in FZ? Does it matter in the improvement of external debt's impact on GDP per capita and capital flight reduction in particular? This paper extends and assesses the Asongu and Aminkeng (2013) conclusions...
Persistent link: https://www.econbiz.de/10011409244
locality in identified fundamental characteristics with full convergence. …
Persistent link: https://www.econbiz.de/10011410022
battle against the economic scourge. The goal of the paper is to study beta-convergence of capital flight across a set of 37 … genuine timeframe for harmonizing policies is within a horizon of 6 to 13 years. In other words, full (100%) convergence …
Persistent link: https://www.econbiz.de/10011410028
An April 2015 World Bank report on attainment of the Millennium Development Goal (MDG) extreme poverty target has revealed that extreme poverty has been decreasing in all regions of the world with the exception of sub-Saharan Africa (SSA), in spite of the sub-region enjoying more than two...
Persistent link: https://www.econbiz.de/10011410639
The study examines the use of governance tools to fight capital flight by reducing the capital flight trap. Two overarching policy syndromes are addressed in the study. It first assesses whether governance is an effective deterrent to the capital flight trap in Africa, before examining what...
Persistent link: https://www.econbiz.de/10012833946
The conventional wisdom in the literature on capital controls and growth argues that capital controls increase the ability of a government to tax capitalists which proves detrimental for growth. To address this issue, we construct an OLG model to study the effect of capital controls on human...
Persistent link: https://www.econbiz.de/10012733717