The authors accept that not all capital flight
involves illicitly acquired funds and so they examine the possibility that some is actually legitimate investor portfolio choice.
This practice basically rules out the possibility of massive capital flight
that could destabilize China's financial system.
rose sharply in 3Q11 on increased market volatility and fears that a possible deceleration in economic growth in the US and Europe will have negative consequences for the Russian economy
A new government should help restore confidence and create an environment where the pound can move more freely with minimised risk of triggering a second major capital flight
, says HSBC.
The modus operandi of capital flight
from Pakistan generally includes the following: capital flight
is primarily fed through "leaked" remittances of Pakistani expatriate workers who transfer their foreign savings through Hundi/Hawala system, under-invoicing of exports, over-invoicing of imports, export through the baggage of overseas travellers, and transfer of capital through precious metals, antiques, etc.
So far there is no indication of a major capital flight
from the island," he said.
It is important to mention that the government should redouble its efforts to curb terrorism and arrest terrorists and criminals to improve law and order situation in the country for creating an investment friendly environment to stop capital flight
led to further borrowing especially in countries led by corrupt and inept regimes that squandered borrowed funds through embezzlement and capital flight
The second hall takes a leap to the 1970s: military dictatorship, foreign borrowing, capital flight
, industries going belly up, rising unemployment rates and state assumption of private debts.
However, there is concern that the current estate and gift tax structure in Taiwan may be contributing to resource distortions and capital flight
as a result of efforts by wealthy citizens and residents to avoid taxation.
If we start to dig into this, it will lead to capital flight
, emigration, and destruction".