This study provides a harmonization framework for common capital flight policies in Africa.It builds on evidence of persistent extreme poverty in the continent to assess how common measures can be adopted by sampled c...This study provides a harmonization framework for common capital flight policies in Africa.It builds on evidence of persistent extreme poverty in the continent to assess how common measures can be adopted by sampled countries on one cause of extreme poverty:capital flight.The dataset is sub-divided into fundamental characteristics of African capital flight based on income levels,legal foundations,natural resources,political stability,regional proximity,and religious domination.The main finding shows that from a projection date of 2010,a feasible timeframe for harmonizing policies is between 2016 and 2023.This timeframe coincides with the beginning of the post-2015 agenda on sustainable development goals.展开更多
This study presents the possible determinants of capital flight in China. We present a Johansen cointegration model based on the dynamic econometric theory. By the co-integration model, we get appropriate long-term re...This study presents the possible determinants of capital flight in China. We present a Johansen cointegration model based on the dynamic econometric theory. By the co-integration model, we get appropriate long-term relationship between capital and its determinants. The empirical results imply that the difference between domestic and foreign interest rate, the foreign debt as a percentage of GDP, the overvaluation of the exchange rate, the discrimination between native and foreign capital, financial control is the main economic forcing factors of capital flight.展开更多
The fast development of the Yangtze River Delta of China is closely related to the dense inflows of FDI. The clustering of the foreign capital in this region has brought new projects, technology and business skills, w...The fast development of the Yangtze River Delta of China is closely related to the dense inflows of FDI. The clustering of the foreign capital in this region has brought new projects, technology and business skills, which have given a strong impetus to the fast development of the regional economy and the upgrading of the economic structure. But the sustainability of FDI and its long-term influence have drawn a lot of attention. It is also a problem whether the slow-down of the FDI inflows or its flight will bring negative effect on the sustainable economic development of the Yangtze River Delta. In this paper, we will prove that the inflows of FDI are stable to some degree. It is unlikely that there will be a drastic large-scale FDI flight, so the so-called ＂migratory bird economy＂ will not occur. But the sustainable economic development in the Yangtze River Delta will depend on the continuity of the policies to attract FDI. What should be done includes the policy to promote the accumulation and circulation of the international capital to promote the sustainable development of the regional economy and market.展开更多
文摘This study provides a harmonization framework for common capital flight policies in Africa.It builds on evidence of persistent extreme poverty in the continent to assess how common measures can be adopted by sampled countries on one cause of extreme poverty:capital flight.The dataset is sub-divided into fundamental characteristics of African capital flight based on income levels,legal foundations,natural resources,political stability,regional proximity,and religious domination.The main finding shows that from a projection date of 2010,a feasible timeframe for harmonizing policies is between 2016 and 2023.This timeframe coincides with the beginning of the post-2015 agenda on sustainable development goals.
文摘This study presents the possible determinants of capital flight in China. We present a Johansen cointegration model based on the dynamic econometric theory. By the co-integration model, we get appropriate long-term relationship between capital and its determinants. The empirical results imply that the difference between domestic and foreign interest rate, the foreign debt as a percentage of GDP, the overvaluation of the exchange rate, the discrimination between native and foreign capital, financial control is the main economic forcing factors of capital flight.
文摘The fast development of the Yangtze River Delta of China is closely related to the dense inflows of FDI. The clustering of the foreign capital in this region has brought new projects, technology and business skills, which have given a strong impetus to the fast development of the regional economy and the upgrading of the economic structure. But the sustainability of FDI and its long-term influence have drawn a lot of attention. It is also a problem whether the slow-down of the FDI inflows or its flight will bring negative effect on the sustainable economic development of the Yangtze River Delta. In this paper, we will prove that the inflows of FDI are stable to some degree. It is unlikely that there will be a drastic large-scale FDI flight, so the so-called ＂migratory bird economy＂ will not occur. But the sustainable economic development in the Yangtze River Delta will depend on the continuity of the policies to attract FDI. What should be done includes the policy to promote the accumulation and circulation of the international capital to promote the sustainable development of the regional economy and market.
