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globalization and 'aid for trade', and this is one of the first papers to provide an economic rationale. I exploit the 1967-1975 war …
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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 … between aid and outward capital flight that is economically and statistically significant. Based on three comparisons, we …
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