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Capital Flight

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PPGPortal > Home > Concept Dictionary > B, C > Capital Flight
 

Capital Flight 

A large and sudden reduction in the demand for assets located in a particular country.

 

(Peter Dungan, Toronto PPG1002H and Mankiw, N. Gregory, Ronald Kneebone, Kenneth J. McKenzie and Nicholas Rowe. 2008. Principles of Macroeconomics, 4th Canadian ed. Toronto: Thomson Nelson.)

 

     

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