Over the years, capital flight is a major concern for countries where institutional quality severely deficient. Almost all literature emphasized role of on development. However, possible question still remains unsettled what would be optimum or threshold level that create milieu least flight. The purpose this study to find value indicators and its impact Bangladesh. Using ICRG WGI governance da...

The financial haemorrhaging of lower income countries in the form capital flight is a leading cause global economic inequality. On an annual basis, trillions dollars bypass already starved fiscal spaces nations mired poverty, making their way instead to lucrative offshore bank accounts governed by secrecy jurisdictions. present article relates this phenomenon institutional architecture system a...

Foreign portfolio investment is threatened by the risk of default and repudiation, while direct foreign investment isthreitened by the risk of expropriation. These two contractual forms of investment can differ substantially in: (I) the amount of capital they can transfer from abroad to capital-importing countries; (2) the shadow cost of capital and (3) their implications for the tax policy of ...

Capital flight is a major issue in developing economies; the problem more severe Africa, where domestic investment has been affected. Much attention given to effect of legal and foreign capital flows international movement, disregarding illicit outflows (capital flight) from countries including Africa. This study examines effects financial liberalization on using dynamic system generalized meth...

‘Civil war, private portfolios and growth in Africa’ The thesis will provide analytical insights and empirical evidence on civil war, private portfolios and growth in Africa. It will investigate the following questions. How much capital flows out during civil war? How much comes back and what is that contingent upon? In addition, there will be econometric analysis of the relationship between ca...

Competition among regional governments may lead to suboptimal levels of capital taxation, as governments ignore the external benefits of capital flight to other regions. However, there have been few attempts to quantify the magnitude of the resulting efficiency losses. This paper presents extensive calculations of the efficiency costs over a wide range of parameter scenarios and assumptions abo...

Migration of labor in response to structural changes in the U.S. economy is explored. An empirical study of the migration decision and wage determination is used to evaluate: 1) whether unemployment plays a larger role in motivating the decision to migrate than spatial wage differences and 2) whether the population can be characterized as homogeneous regarding migration and wage determination. ...