Flight Capital As a Portfolio Choice.
This article sets flight capital in the context of portfolio choice, focusing on 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. The authors explain cross-country differences...
Main Authors: | Collier, P, Hoeffler, A, Pattillo, C |
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Format: | Journal article |
Language: | English |
Published: |
2001
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