Capital Flight and Capital Controls in Developing Countries

Gerald A. Epstein

Jan. 2005 · Edward Elgar Publishing

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Capital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers of capi

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Edited by Gerald A. Epstein, Professor of Economics and Co-Director, Political Economy Research Institute (PERI), University of Massachusetts-Amherst, US