01649cas a2200253 a 4500 AALejournalIMF001242 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451972115 1934-7456 BD-DhAAL BD-DhAAL Loungani, Prakash. Capital Flight from Russia / Prakash Loungani, Paolo Mauro. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (27 pages) IMF Policy Discussion Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Mauro, Paolo. IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/006 Full text available on IMF http://elibrary.imf.org/view/journals/003/2000/006/003.2000.issue-006-en.xml IMF e-Library