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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hoeffler, Anke
Weitere Verfasser: Collier, Paul, Pattillo, Catherine
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1999.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1999/171
Online Zugang:Full text available on IMF