Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of a political event such as regime change or economic globalization. Such events could be an increase in taxes on capital or capital holders or the government of the country defaulting on its debt that disturbs investors and causes them to lower their valuation of the assets in that country, or otherwise to lose confidence in its economic strength.
This leads to a disappearance of wealth, and is usually accompanied by a sharp drop in the exchange rate of the affected country—depreciation in a variable exchange rate regime, or a forced devaluation in a fixed exchange rate regime. This fall is particularly damaging when the capital belongs to the people of the affected country because not only are the citizens now burdened by the loss in the economy and devaluation of their currency but their assets have lost much of their nominal value. This leads to dramatic decreases in the purchasing power of the country's assets and makes it increasingly expensive to import goods and acquire any form of foreign facilities, e.g. medical facilities.
Capitalflight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of a...
capitalflight is the emigration or immigration of individuals who have received advanced training at home. The net benefits of human capitalflight for...
dividend on capital earnings (37.4 billion from non-financial society had been paid) and not on direct investment on corporate (see “Capitalflight”). In average...
Capital Airlines Flight 67 was a domestic scheduled U.S. passenger flight operated by Capital Airlines which crashed on final approach to Freeland, Michigan...
continued prosperity. International policies also often address human capitalflight, which is the loss of talented or trained persons from a country that...
Human capitalflight from Iran has been a significant phenomenon since the Islamic Revolution of 1979. According to the International Monetary Fund (IMF)...
operating Capital Airlines Flight 300 was involved in a mid-air collision with a United States Air Force T-33 jet trainer on a proficiency flight in the...
The Reich Flight Tax (German: Reichsfluchtsteuer) was a German capital control law implemented in 1931 to stem capitalflight from the German Reich. After...
Integrity estimated capitalflight to be leaving developing countries at the rate of "$850 billion to $1 trillion a year." But capitalflight also affects developed...
In macroeconomics and international finance, the capital account, also known as the capital and financial account, records the net flow of investment into...
Capital Airlines Flight 20 was a U.S. scheduled passenger flight from Washington, D.C. to Norfolk, Virginia. A Vickers Viscount flying the route crashed...
which became one of the first international financial crises ignited by capitalflight. During the 1994 presidential election, the incumbent administration...
of foreign currency to support its currency peg to the U.S. dollar. Capitalflight ensued almost immediately, beginning an international chain reaction...
Capital Airlines Flight 75 was a domestic scheduled Capital Airlines passenger flight between LaGuardia Airport and Hartsfield–Jackson Atlanta International...
Movement. Eurodad has focused a lot of attention on the issue of illicit capitalflight (or illicit financial flows) in their campaign to promote economic development...
Illicit financial flows, in economics, are a form of illegal capitalflight that occurs when money is illegally earned, transferred, or spent. This money...
Flight into Egypt, God Questioning Cain, the Hanging of Judas, and the Adoration of the Magi. God Questioning Cain Capital The Death of Cain Capital Adoration...
Malaysia Airlines Flight 370 (MH370/MAS370) was an international passenger flight operated by Malaysia Airlines that disappeared from radar on 8 March...
include loss of human capital assets, lost income from the loss of tax of the migrated manpower to foreign countries and the loss of capital invested in the...
coercion, such as the threat of unemployment and capitalflight, the withdrawal of investment capital; and ideologically, by way of political literature...
transfer funds to another institution, it may be characterized as a capitalflight. As a bank run progresses, it may become a self-fulfilling prophecy:...
Jonathan Krim. There had been incessant speculations of Philippine "capitalflight" that not only involved Ferdinand and Imelda Marcos themselves, but...
Whether a particular cost is capital or not depends on many factors, such as accounting, tax laws, and materiality. capitalflight Occurs when money or assets...
equivalent of a labor strike, and are often tied to the concept of capitalflight. Capital strike was originally a derogatory term, but has been used more...
concomitant TARGET credit. They also document the Irish capitalflight and the capitalflight from Spain and Italy, which began in earnest in summer 2011...
stable Swiss currency and international neutrality, prompted large capitalflight to private Swiss accounts. During the 1940s, numbered bank accounts...
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