Determinants of Campital Flight and its Impact on Economic Performance: A Study of Developming Economies
Journal: NICE Research Journal
Year: 2021

Capital flight imposes a great danger to the developing economies by lowering their economic activity, devaluing the currency, and hindering economic growth. This paper contributes to the literature by investigating the determinants of capital flight of developing economies. Determinants are studied as indices, and these indices are calculated by using the Arithmetic Mean approach. There is a two-steps model; in the first part, determinants are discussed, and in the second part, capital flight i