Capital Flight from Russia /

This paper documents the scale of capital flight from Russia, compares it with that observed in other countries, and reviews policy options. The evidence from other countries suggests that capital flight can be reversed once reforms take hold. The paper argues that capital flight from Russia can onl...

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গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Loungani, Prakash
অন্যান্য লেখক: Mauro, Paolo
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 2000.
মালা:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/006
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত:This paper documents the scale of capital flight from Russia, compares it with that observed in other countries, and reviews policy options. The evidence from other countries suggests that capital flight can be reversed once reforms take hold. The paper argues that capital flight from Russia can only be curbed through a medium-term reform strategy aimed at improving governance and macroeconomic performance, and strengthening the banking system. Capital controls result in costly distortions and should gradually be phased out as part of that medium-term strategy.
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দৈহিক বর্ননা:1 online resource (27 pages)
বিন্যাস:Mode of access: Internet
আইএসএসএন:1934-7456
প্রবেশাধিকার:Electronic access restricted to authorized BRAC University faculty, staff and students