Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/237200 
Year of Publication: 
2020
Citation: 
[Journal:] Financial Innovation [ISSN:] 2199-4730 [Volume:] 6 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2020 [Pages:] 1-21
Publisher: 
Springer, Heidelberg
Abstract: 
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.
Subjects: 
Econometric modeling
Capital flight
Poverty
Africa
JEL: 
C50
E62
F34
O19
O55
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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