Flight Capital as a Portfolio Choice

Released on by Ms.Catherine A. Pattillo
preview-18

  • Flight Capital as a Portfolio Choice Book Detail

  • Author : Ms.Catherine A. Pattillo
  • Release Date : 1999-12-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 34
  • ISBN 13 : 1451858485
  • File Size : 36,36 MB
DOWNLOAD BOOK

Flight Capital as a Portfolio Choice by Ms.Catherine A. Pattillo PDF Summary

Book Description: 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 portfolio choice by variables that proxy differences in the risk-adjusted rate of return on capital. We apply the results to four policy questions: how the East Asian crisis affected domestic capital outflows; herd effects; the effect of the IMF-World Bank debt relief initiative for heavily-indebted poor countries (HIPC) on capital repatriation; and why so much of Africa’s private wealth is held outside the continent.

Disclaimer: www.yourbookbest.com does not own Flight Capital as a Portfolio Choice books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Flight Capital as a Portfolio Choice

Flight Capital as a Portfolio Choice

File Size : 50,50 MB
Total View : 401 Views
DOWNLOAD

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

Flight Capital as a Portfolio Choice

Flight Capital as a Portfolio Choice

File Size : 42,42 MB
Total View : 3463 Views
DOWNLOAD

Among 51 countries studied, there are large regional differences in the proportion of private wealth held abroad, ranging from 3 percent in South Asia to 39 per

Capital Flight from Africa

Capital Flight from Africa

File Size : 26,26 MB
Total View : 4262 Views
DOWNLOAD

A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitat