on the possible link between capital flight and development aid. In this paper, we address the issue for Nepal, a … statistics, and the focus on the foreign-exchange cash component of development aid. We document a robust partial correlation … correlation is not observable for remittances, an alternative form of foreign-exchange inflows where the capital flight motivation …

on the possible link between capital flight and development aid. In this paper, we address the issue for Nepal, a … statistics, and the focus on the foreign-exchange cash component of development aid. We document a robust partial correlation … foreign-exchange inflows where the capital flight motivation is absent. Second, we compare the FX-cash component to broader …

-operation relations with Nepal; and (ii) to identify key lessons in order to improve the current and future strategies and programmes of …-looking and has paid specific attention to the following areas of co-operation: Support to Nepal’s poverty reduction strategy …