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Estimation of capital flight from Russia: balance of payments approach

Article Abstract:

Capital flight is a partial reason for many of the major problems in the Russian economy. These problems include a decline in output, a perceived shortage of investment resources in the economy, a shrinkage of the taxation base, and poor control over monetary policy by domestic monetary authorities. Capital flight is also a result of the weakness of the current Russian economy.

Author: Loukine, Konstantin
Publisher: Blackwell Publishers Ltd.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1998
Balance of payments

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Capital flight and foreign investment: two tales from China and Russia

Article Abstract:

Russia and China have experienced capital flight on a large scale. Their differing experiences with growth rates reflect the nature of capital flight and the relationship between capital flight outflows and foreign capital inflows. The Russian experience involved capital flight that has been accompanied by slow growth of foreign investments.

Author: Sicular, Terry
Publisher: Blackwell Publishers Ltd.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1998
Social aspects, China

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Privitisation, the market for corporate control, and capital flight from Russia

Article Abstract:

The data regarding capital in Russia is ambiguous. Investing in Russia is attractive to domestic and foreign investors. Investing to motivate domestic investors to return involves the prospect of unfavorable political developments. The flight of capital from Russia is due to neglect of property rights issues.

Author: Wintrobe, Ronald
Publisher: Blackwell Publishers Ltd.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1998

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Subjects list: Economic aspects, Russia, Capital movements
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