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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Detalhes bibliográficos
Autor principal: Hoeffler, Anke
Outros Autores: Collier, Paul, Pattillo, Catherine
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
Colecção:IMF Working Papers; Working Paper ; No. 1999/171
Acesso em linha:Full text available on IMF