Capital Flight and War is popular PDF and ePub book, written by Victor A. B. Davies in 2024-09-22, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, Capital Flight and War can be Read Online from any device for your convenience.
Capital Flight and War Book PDF Summary
This paper provides empirical evidence on the effects of inflation on post-war capital flight flows. I test the hypothesis that inflation has a positive additional impact on capital flight flows after war. I use a new panel dataset of 77 developing countries, of which 35 experienced at least one episode of war between 1971 and 2000. I use a range of estimation methods and four capital flight measures -- Cline, World Bank Residual, Morgan Guarantee, and Dooley. The results consistently support the research hypothesis: Post-war inflation increase annual capital flight flows by about 0.005 to 0.01 percentage points of GDP. This effect is substantial in total at high inflation rates. The implication is that low inflation helps to curb capital flight in post-conflict economies.
Detail Book of Capital Flight and War PDF
- Author : Victor A. B. Davies
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Uncategoriezed
- Total Page : 38 pages
- Language : English
- PDF File Size : 14,7 Mb
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