Empirical Study of Capital Flight in Indonesia 2009-2017 Period
Journal: Jurnal Pendidikan Ekonomi Dan Bisnis (JPEB)
Year: 2018

The phenomenon of capital flight is triggered by two biggest financial scandals, Panama Papers, and Paradise Papers. The impacts of this phenomenon can erode the tax base and contribute to the distribution of income from developing countries to developed countries. Therefore, the purpose of this study is learning of Indonesia's capital flight and analyzing more deeply the causes of capital flight for the Indonesian economy in the period 2009 until 2017. The data used in this research is secondar