Finance and Development, March 1987.

The issue of capital flight from developing countries is discussed. The debt problems of developing countries coupled with the sharp decline in international lending to many countries have evoked great interest in the issue of private capital outflows, or capital flight, from these countries among i...

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Bibliographic Details
Corporate Author: International Monetary Fund. External Relations Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1987.
Series:Finance and Development; Finance and Development ; No. 0024/001
Online Access:Full text available on IMF
Description
Summary:The issue of capital flight from developing countries is discussed. The debt problems of developing countries coupled with the sharp decline in international lending to many countries have evoked great interest in the issue of private capital outflows, or capital flight, from these countries among international policymakers, academics, and in the general public. Residents of countries with exchange controls can purchase foreign exchange overseas by paying in local currencies, albeit at a higher cost than through official channels.
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Physical Description:1 online resource (58 pages)
Format:Mode of access: Internet
ISSN:0145-1707
Access:Electronic access restricted to authorized BRAC University faculty, staff and students