Africa's Exodus: Capital Flight and the Brain Drain as Portfolio Decisions.
We build a data set on financial and human capital flight for 48 countries for the period 1970-98 and analyse capital flight as a portfolio choice. Financial capital flight is measured as the stock of capital flight relative to domestically held private net wealth and human capital flight as the pro...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
2004
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