Evaluation of the Determinants of Capital Flight in Tanzania, 2001 – 2024
Journal: International Journal For Multidisciplinary Research
Year: 2026

This study evaluated the determinants of capital flight in Tanzania for the period of 25 years from 2001 to 2024. The study has critically analyzed the applicability of the portfolio diversification theory in determining capital flight and concluded that the theory may not necessarily be the only underlying basis or reason for capital flight, but other factors may also be at play including macroeconomic indicators and structural nature of the economy. Secondary data from the World Bank Data Bank