Helps to understand the determinants of capital flight in emerging economies
Provides a critical analysis of the nexus between natural resources, financial development and capital flight
Presents a concept for the causes of capital flight from several theoretical and methodological perspectives
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Table of contents (13 chapters)
About this book
This book looks into the relationship between financial development, economic growth, and the possibility of a potential capital flight in the transmission process. It also examines the important role that financial institutions, financial markets, and country-level institutional factors play in economic growth and their impact on capital flight in emerging economies.
By presenting new theoretical insights and empirical country studies as well as econometric approaches, the authors focus on the relationship between financial development and economic growth with capital flight in the era of financial crisis. Therefore, this book is a must-read for researchers, scholars, and policy-makers, interested in a better understanding of economic growth and financial development of emerging economies alike.
- Financial liberalization
- Financial system
- Natural resources
- Trade liberalization
- Financial Crisis
- Financial stability
- Emerging markets
- Below-investment level bonds
- Interest rates
- Direct investment
- Portfolio investment
Editors and Affiliations
School of Management and Economics, Beijing Institute of Technology, Beijing, China
Leeds Business School, Leeds Beckett University, Leeds, UK
Nottingham University Business School, University of Nottingham, Nottingham, UK
About the editors
Muhammad Shahbaz is a Professor of Economics at the Center for Energy and Environmental Policy Research at Beijing Institute of Technology (China). He is also a Visiting Research Fellow at the Department of Land Economy, University of Cambridge (United Kingdom). His research focuses on development economics, energy economics, environmental and tourism economics etc. He has widely published in peer-reviewed international journals.Alaa Soliman is a Senior Lecturer in Economics at Leeds Beckett University (United Kingdom). He has more than two decades of teaching experience in the UK and has published several scholarly articles in the area of energy economics, monetary economics, financial economics, development economics and economic modelling.
Subhan Ullah is an Associate Professor in Accounting at the University of Nottingham (United Kingdom). Over the past 15 years, he has taught courses in accounting as well as finance at the University of Hull (United Kingdom), Nottingham Trent University (United Kingdom), the University of Buckingham (United Kingdom), COMSATS University (Pakistan) and the University of Peshawar (Pakistan). His main research interests are in areas of corporate governance, corporate social responsibility, sustainability, accounting information quality and corporate finance. His research appears in leading International journals.
Book Title: Economic Growth and Financial Development
Book Subtitle: Effects of Capital Flight in Emerging Economies
Editors: Muhammad Shahbaz, Alaa Soliman, Subhan Ullah
Publisher: Springer Cham
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-79002-8Published: 22 September 2021
Softcover ISBN: 978-3-030-79005-9Published: 23 September 2022
eBook ISBN: 978-3-030-79003-5Published: 21 September 2021
Edition Number: 1
Number of Pages: XVI, 237
Number of Illustrations: 3 b/w illustrations, 7 illustrations in colour