capital flight


Also found in: Financial, Wikipedia.
Related to capital flight: Human capital flight

capital flight

n.
Large-scale removal of investment capital from a country.
References in periodicals archive ?
In effect, Ndikumana and Boyce demonstrate the extent to which capital flight from sub-Saharan Africa has been fuelled by foreign borrowing by presenting the statistical relationship between the two.
Persistent capital outflows may prompt the Chinese authorities to loosen policy because capital flight will put downward pressure on the RMB (as reflected by the CNH rates which are market-driven).
Capital flight dramatically accelerates in the autumn
In August, economists said there was a slowdown in the rate of the decline which may now suggest the worst of the capital flight since the uprising to topple Hosni Mubarak was over.
Around 30 people died in a month of unrest which brought in Saudi troops, closed banks and shops and triggered capital flight.
But the decision may have helped avert a bigger capital flight.
Capital flight proves that some investors are not only disturbed but have lost faith in the economic policies, it said.
Capital flight from Pakistan has always received attention from policy-makers and concerned citizens.
Analysts claim that this figure does not reflect the full range of capital flight from the Egyptian economy.
MANAMA: Bahrain has not seen any major capital flight following unrest and a planned $1 billion (BD377 million) bond issue will go ahead when costs are reasonable, Central Bank of Bahrain Governor Rasheed Al Maraj said yesterday.
Federal Minister for Water and Power Raja Pervez Ashraf has been recently quoted as saying that the terrorist attacks in different parts of the country have not only fostered capital flight but also discouraged foreign investment in energy sector.
Among the discussions are the role of credible commitments in joint venture management, mergers and acquisitions in the US forest products industry, the role of banks and lessons of experience in public-private partnerships in the Nigerian energy sector, mass and energy-capital conservation equations to study the price evolution of non-renewable energy resources, and capital flight and economic performance in the Philippines.