capital flight
Wealth leaving country
Capital flight is the rapid movement of money and assets out of a country, typically in response to economic instability, political turmoil, or unfavorable policies like tax increases or currency controls.
Investors and wealthy individuals move their capital to safer jurisdictions to preserve its value: Capital flight accelerated as the currency collapsed.
The phenomenon can worsen the very conditions that triggered it, draining investment and tax revenue from struggling economies.
Away from land
- divestmentDisposal of assets
- assetsOwned items of value
- liquidationSelling assets for cash
- portfolioCollected works or assets
repatriation · transfer · foreign investment · hot money · wealth transfer · securities · equities · bonds
Decisive dangerous moment
- turmoilViolent disturbance or confusion
- uncertaintyState of being unsure
- volatilityRapid, unpredictable changeability
- panicUncontrollable sudden fear
recession · contagion · collapse · outflow · exodus · withdrawal · currency crisis · economic shock
Emigration of skilled workers
- emigrationLeaving homeland permanently
- expatriationLeaving one's native country
- diasporaScattered population sharing origins
- golden passportCitizenship granted for money
Zero-rate wealth jurisdiction
- shell companyInactive firm for transactions
- secrecyPractice of hiding information
- launderingCleaning fabric items
- Swiss accountPrivate foreign bank holding
Panama Papers · concealment · black money · illicit · offshore accounts · hidden assets · numbered accounts · shadow banking
offshore
Away from land
- divestmentDisposal of assets
- assetsOwned items of value
- liquidationSelling assets for cash
portfolio · repatriation · transfer · foreign investment · hot money · wealth transfer · securities · equities · bonds · savings
crisis
Decisive dangerous moment
- turmoilViolent disturbance or confusion
- uncertaintyState of being unsure
- volatilityRapid, unpredictable changeability
panic · recession · contagion · collapse · outflow · exodus · withdrawal · currency crisis · economic shock · political risk
brain drain
Emigration of skilled workers
- emigrationLeaving homeland permanently
- expatriationLeaving one's native country
- diasporaScattered population sharing origins
tax haven
Zero-rate wealth jurisdiction
- shell companyInactive firm for transactions
- secrecyPractice of hiding information
- launderingCleaning fabric items
Swiss account · Panama Papers · concealment · black money · illicit · offshore accounts · hidden assets · numbered accounts · shadow banking · loopholes
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- global financeinternational banking, financial hubs, central banks, exchange rates, foreign exchange
- globalizationglobalization, free trade, global village, global trade, multinationals
- economic problemsmarket failure, recession, inflation, deflation, stagflation
- industrial declinedeindustrialization, factory closures, factory closure, plant shutdowns, plant shutdown
- market risksmarket risk, market crash, market volatility, market correction, market panic
capital flightlong-term investment
flight, capital, capitalism, capitalist, capitalize, capitals, capitalization, capitalists, capitalistic