Capital Flight and Capital Controls in Developing Countries

by Gerald A. Epstein

Book Overview

Capital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers of capital due to its scarcity. This situation is often reversed, however, with capital fleeing poorer countries for wealthier, capital-abundant locales. Using a common methodology for a set of case studies...

• Format: Paperback
• Language: English
• ISBN: 1845427629
• ISBN13: 9781845427627
• Release Date: July 2006
• Publisher: Edward Elgar Publishing
• Length: 360 Pages
• Weight: 1.10 lbs.
• Dimensions: 9.0" x 0.8" x 6.3"