A balance-of-payments crisis occurs when a country’s foreign exchange reserves are rapidly depleting or maintained only through excessive foreign borrowing. Solutions may include policy changes, devaluation, or obtaining foreign loans.
An in-depth exploration of Capital Flight, its causes, effects, historical context, and implications for economies.
Capital flight refers to the transfer of large amounts of money from one country to another to escape political or economic turmoil or to seek higher rates of return.
An in-depth look into the exodus of capital from a country, driven by political and economic factors, and its implications on national economies.
