Capital flight: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Recreate page to correct date in source & remove full stop from page title. Source: The Treasurer, April 2017, p28.) |
imported>Doug Williamson (Add heading.) |
||
Line 1: | Line 1: | ||
''Market stress - capital flows.'' | |||
Capital flight is the movement of capital, under stress, to safe haven countries. | Capital flight is the movement of capital, under stress, to safe haven countries. | ||
Line 20: | Line 22: | ||
* [[Euro zone]] | * [[Euro zone]] | ||
* [[Safe haven]] | * [[Safe haven]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] |
Revision as of 14:23, 2 April 2021
Market stress - capital flows.
Capital flight is the movement of capital, under stress, to safe haven countries.
Eurozone referendum risk
- "People do not realise what it would mean if Italy, for example, voted in a government that decided to hold a referendum to exit the eurozone.
- Just the viability of a referendum would accelerate existing capital flight and increase the TARGET2 imbalances dramatically.
- One would theoretically have to impose capital controls on the eve of the election result to prevent the system from melting down."
- The Treasurer magazine, April 2017, p28 - Roland Hinterkoerner, founder, Expertise Asia.