caa a22 4500 469034246 CHVBK 20180323132752.0 cr unu---uuuuu 170328e19921201xx s 000 0 eng 10.1007/BF01725243 doi (NATIONALLICENCE)springer-10.1007/BF01725243 The magnitude and determinants of capital flight: The case for six sub-Saharan African countries [Elektronische Daten] [Niels Hermes, Robert Lensink] Summary: Most studies treat capital flight as an exclusively Latin American problem. This paper estimates capital flight for six African countries and shows that the emphasis on Latin American capital flight is not correct. It appears that the burden of capital flight is also important for many African countries. Moreover, this paper tries to find some determinants for the African countries' capital flight. The increase of government and government-guaranteed foreign debt and the overvaluation of the real exchange rate appear to be the most important explanatory factors of capital flight for the African countries in this study. Stenfert Kroese Uitgevers, 1992 Hermes Niels University of Groningen, Groningen, The Netherlands aut Lensink Robert University of Groningen, Groningen, The Netherlands aut De Economist Kluwer Academic Publishers 140/4(1992-12-01), 515-530 0013-063X 140:4<515 1992 140 10645 https://doi.org/10.1007/BF01725243 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01725243 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Hermes Niels University of Groningen, Groningen, The Netherlands aut NATIONALLICENCE 700 1- Lensink Robert University of Groningen, Groningen, The Netherlands aut NATIONALLICENCE 773 0- De Economist Kluwer Academic Publishers 140/4(1992-12-01), 515-530 0013-063X 140:4<515 1992 140 10645 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer