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Foreign Direct Investment and Capital Flight

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Listed:
  • kant, C.

Abstract

Despite the incresing importance of foreign direct investment for developing countries, little attention has been given to its financial effects in general or its relation to capital flight in particular. It has been found that 31 to 40 percent of the private external borrowing guaranteed by developing-country governments leaves as capital flight.

Suggested Citation

  • kant, C., 1996. "Foreign Direct Investment and Capital Flight," Princeton Studies in International Economics 80, International Economics Section, Departement of Economics Princeton University,.
    • Handle: RePEc:fth:prinfi:80
    as

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    More about this item

    Keywords

    CAPITAL MARKET; FOREIGN INVESTMENTS; DEVELOPING COUNTRIES; CAPITAL MOVEMENTS;
    All these keywords.

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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