flight capital

flight capital

n
(Banking & Finance) funds transferred abroad in order to avoid high taxes or to provide for a person's needs if flight from the country becomes necessary
References in periodicals archive ?
There is safety and security flight capital coming into New York City.
And much of that flight capital is heading for the United States, pushing up the dollar and making our industries less competitive.
In times of financial turbulence, US Treasuries have historically been a safe haven for private flight capital.
The measures that Macedonia's monetary authorities introduced to avert flight capital to neighboring Greece will end on 31 December 2015 given that the crisis in Greece has eased.
In addition, flight capital would flood back into the country very quickly.
Civil wars, terrorism (Boko Haram in Nigeria, Al Shabab in Kenya and Lords Army in Uganda are only the tip of the iceberg), corruption, power shortages, colonial ties to Paris and London, flight capital, ethnic conflicts, dependence on volatile commodities exports, 53 national borders (the African Union is nothing like the European Union
With the sanctions that were placed on Russia in the aftermath of the Ukraine crisis, flight capital is on the up -- some $45-50 billion has been moved out of Russia since January.
Goldman Sachs estimates $50 billion in flight capital has fled Russia since the onset of the Ukraine crisis and the rouble has plummeted to near 37 against the US dollar.
Ribadu claimed that as a result of the zero-tolerance attitude of his organisation, there was a huge drop in the volume of flight capital from Nigeria and several prominent businessmen had re-exported millions of dollars back home rather than face the wrath of the anti-corruption squad.
Following the successful model of his previous book Flight Capital David Heenan takes readers behind the headlines and delves deep into the lives of his subjects through interviews that explore their fears guilt and motivations revealing what it takes to turn numbing adversity into brilliant success.
FLIGHT CAPITAL also goes beyond focus on American impact to consider world trends and world impact in foreign nations, examining the initiatives other countries use to lure top talent away from the US, and how our own immigration restrictions have affected replacement efforts.
Fly Gibraltar is the latest budget price airline to announce that it will be flying from what is fast becoming regarded as the low-cost flight capital of Britain.