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| French
Equivalent: Fuite des capitaux |
| Definition: |
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Capital flight may be defined as transfer of assets denominated in a national currency into assets denominated in a foreign currency, either at home or abroad, in ways that are not part of normal transactions. (Abalkin and Walley (1999) – ref. Handbook Chapter 10).
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| Source
Publication: |
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Measuring the Non-Observed Economy: A Handbook, OECD, IMF, ILO, Interstate Statistical Committee of the Commonwealth of Independent States, 2002, Annex 2, Glossary.
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| Statistical
Theme: Financial statistics |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Wednesday, February 04, 2004 |
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