Determinants Of Capital Flight In Nigeria

1.1 Background To The Study One of the crucial economic maladies that have confronted most developing countries since the early 1970's is the way capital flows from less developed nations to advanced nations of the world. This capital flow from less developed countries to the western world became noticeable from the early 1980's. Since then, these unusual flows have become a source of concern because of the macroeconomic challenges facing these countries and as a result of the paucity of much needed capital to develop and promote economic growth. These unusual flows of capital from poor countr…