capital flight


The rapid movement of investments out of a market or country that is seen by investors as unstable.

QUIZZES

BEAT THE DOLDRUMS WITH THIS WORD OF THE DAY QUIZ!

We know you’ll tackle this quiz totis viribus! See how many words from the week of Oct 12–18, 2020 you get right!
Question 1 of 7
What does “Indigenous” mean?

notes for capital flight

In 1998, Indonesia experienced a capital flight, which brought on political as well as economic instability.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.