We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 24 countries classified as severely indebted low-income countries, for the period 1970-1996. The econometric analysis reveals that external borrowing is positively and significantly related to capital flight, suggesting that to a large extent capital flight is debt-fueled. We estimate that for every dollar of external borrowing in the region, roughly 80 cents flowed back as capital flight in the same year. Capital flight also exhibits a high degree of persistence in the sense that past capital flight is correlated with current and future capital flight. The growth rate differential between the African country and its OECD trading partners is n...
This paper describes the nature of capital flight, the methodologies used to measure it, and its dri...
The performance of Sub-Saharan African economies over the past decade has inspired optimism on the r...
This paper presents estimates of capital flight from 25 low-income sub-Saharan African countries in ...
We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 2...
We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 2...
We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 2...
The first objective of this paper is to provide a comprehensive set of estimates of capital flight f...
Even as African countries became increasingly indebted, they experienced large‐scale capital flight....
Capital flight remains significant for public officials in East Africa member states, especially sin...
Most studies treat capital flight as an exclusively Latin American problem. This paper estimates cap...
Over the past few decades, Sub-Saharan African countries, in their bid to achieve economic growth an...
Over the past few decades, Sub-Saharan African countries, in their bid to achieve economic growth an...
This paper describes the nature of capital flight, the methodologies used to measure it, and its dri...
This paper describes the nature of capital flight, the methodologies used to measure it, and its dri...
The performance of Sub-Saharan African economies over the past decade has inspired optimism on the r...
This paper presents estimates of capital flight from 25 low-income sub-Saharan African countries in ...
We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 2...
We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 2...
We investigate the determinants of capital flight from 30 sub-Saharan African countries, including 2...
The first objective of this paper is to provide a comprehensive set of estimates of capital flight f...
Even as African countries became increasingly indebted, they experienced large‐scale capital flight....
Capital flight remains significant for public officials in East Africa member states, especially sin...
Most studies treat capital flight as an exclusively Latin American problem. This paper estimates cap...
Over the past few decades, Sub-Saharan African countries, in their bid to achieve economic growth an...
Over the past few decades, Sub-Saharan African countries, in their bid to achieve economic growth an...
This paper describes the nature of capital flight, the methodologies used to measure it, and its dri...
This paper describes the nature of capital flight, the methodologies used to measure it, and its dri...
The performance of Sub-Saharan African economies over the past decade has inspired optimism on the r...
This paper presents estimates of capital flight from 25 low-income sub-Saharan African countries in ...
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