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The Effect of Financial Liberalization on Capital Flight in African Economies

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  • Lensink, Robert
  • Hermes, Niels
  • Murinde, Victor

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  • Lensink, Robert & Hermes, Niels & Murinde, Victor, 1998. "The Effect of Financial Liberalization on Capital Flight in African Economies," World Development, Elsevier, vol. 26(7), pages 1349-1368, July.
    • Handle: RePEc:eee:wdevel:v:26:y:1998:i:7:p:1349-1368
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    References listed on IDEAS

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    1. Michael P. Dooley, 1988. "Capital Flight: A Response to Differences in Financial Risks," IMF Staff Papers, Palgrave Macmillan, vol. 35(3), pages 422-436, September.
    2. Morisset, Jacques, 1993. "Does financial liberalization really improve private investment in developing countries?," Journal of Development Economics, Elsevier, vol. 40(1), pages 133-150, February.
    3. Green, Christopher & Murinde, Victor, 1993. "The potency of stabilization policy in developing economies: Kenya, Tanzania, and Uganda," Journal of Policy Modeling, Elsevier, vol. 15(4), pages 427-462, August.
    4. Claessens, Stijn & Naude, David, 1993. "Recent estimates of capital flight," Policy Research Working Paper Series 1186, The World Bank.
    5. Diwan, Ishac, 1989. "Foreign debt, crowding out and capital flight," Journal of International Money and Finance, Elsevier, vol. 8(1), pages 121-136, March.
    6. Pastor, Manuel Jr., 1990. "Capital flight from Latin America," World Development, Elsevier, vol. 18(1), pages 1-18, January.
    7. Fatehi, Kamal, 1994. "Capital flight from Latin America as a barometer of political instability," Journal of Business Research, Elsevier, vol. 30(2), pages 187-195, June.
    8. Eaton, Jonathan, 1987. "Public Debt Guarantees and Private Capital Flight," The World Bank Economic Review, World Bank, vol. 1(3), pages 377-395, May.
    9. Owen, P Dorian, 1981. "Dynamic Models of Portfolio Behavior: A General Integrated Model Incorporating Sequencing Effects [Dynamic Models of Portfolio Behavior: More on Pitfalls in Financial Model Building]," American Economic Review, American Economic Association, vol. 71(1), pages 231-238, March.
    10. Suhas L Ketkar & Kusum W. Ketkar, 1989. "Determinants Of Capital Flight From Argentina, Brazil, And Mexico," Contemporary Economic Policy, Western Economic Association International, vol. 7(3), pages 11-29, July.
    11. Pagano, Marco, 1993. "Financial markets and growth: An overview," European Economic Review, Elsevier, vol. 37(2-3), pages 613-622, April.
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