Economic and Political Risk Aversions to Illicit Financial Flows: A Rethink of the Portfolio Choice Factors

Economic and Political Risk Aversions to Illicit Financial Flows: A Rethink of the Portfolio Choice Factors

The study examines the long-term causal relationship between public debt, governance quality, and illicit financial flows in sub-Saharan Africa. Annual time series data were gathered from the World Bank Governance Indicators, International Monetary Fund Economic Outlook, and Global Financial Integri...

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Bibliographic Details
Main Author: George Ayuune Akeliwira
Format: Article
Language:English
Published: Jimma University 2023-02-01
Series:PanAfrican Journal of Governance and Development
Subjects:
illicit financial flows
public debt
governance
sub-saharan africa
misinvoicing
Online Access:https://journals.ju.edu.et/index.php/panjogov/article/view/4484

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