Flight Capital as a Portfolio Choice /

This paper sets flight capital in the context of portfolio choice, focusing upon the proportion of private wealth that is held abroad. There are large regional differences in this proportion, ranging from 5 percent in South Asia to 40 percent in Africa. We explain cross-country differences in portfo...

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Détails bibliographiques
Auteur principal: Hoeffler, Anke
Autres auteurs: Collier, Paul, Pattillo, Catherine
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1999.
Collection:IMF Working Papers; Working Paper ; No. 1999/171
Accès en ligne:Full text available on IMF