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Determinants of capital flight in Namibia
The research investigated the determinants of capital flight and the behaviour of capital flight before and after the passage of Regulations 28 and 29 in Namibia. Using annual data form 1990 to 2016, the unit root and cointegration analyses were performed. The findings of the study indicate that for...
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| Format: | Thesis |
| Language: | Eng |
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Graduate School of Business (GSB)
2019
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| _version_ | 1867613507195764736 |
|---|---|
| access_status_str | Open Access |
| author | Tjaondjo, Cornelia Nangoi |
| author2 | Biekpe, Nicholas |
| author_browse | Biekpe, Nicholas Tjaondjo, Cornelia Nangoi |
| author_facet | Biekpe, Nicholas Tjaondjo, Cornelia Nangoi |
| author_sort | Tjaondjo, Cornelia Nangoi |
| collection | Thesis |
| description | The research investigated the determinants of capital flight and the behaviour of capital flight before and after the passage of Regulations 28 and 29 in Namibia. Using annual data form 1990 to 2016, the unit root and cointegration analyses were performed. The findings of the study indicate that foreign direct investment, current account deficit, change in foreign exchange reserves and external debt are important determinants of capital flight, whereas corruption and political uncertainty do not influence capital flight. The researcher therefore recommends that these factors should be taken into account when designing policies to prevent and reduce the outflows of capital from Namibia. Thus, the combination of good governance and fostering fiscal discipline and tax adjustments is also recommended. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/30583 |
| institution | University of Cape Town (South Africa) |
| language | Eng |
| last_indexed | 2026-06-10T12:37:14.786Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| publisher | Graduate School of Business (GSB) |
| publisherStr | Graduate School of Business (GSB) |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/30583 Determinants of capital flight in Namibia Tjaondjo, Cornelia Nangoi Biekpe, Nicholas The research investigated the determinants of capital flight and the behaviour of capital flight before and after the passage of Regulations 28 and 29 in Namibia. Using annual data form 1990 to 2016, the unit root and cointegration analyses were performed. The findings of the study indicate that foreign direct investment, current account deficit, change in foreign exchange reserves and external debt are important determinants of capital flight, whereas corruption and political uncertainty do not influence capital flight. The researcher therefore recommends that these factors should be taken into account when designing policies to prevent and reduce the outflows of capital from Namibia. Thus, the combination of good governance and fostering fiscal discipline and tax adjustments is also recommended. 2019-10-16T09:26:38Z 2019-10-16T09:26:38Z 2019 2019-10-16T07:13:40Z Master Thesis Masters MCom (Development Finance) http://hdl.handle.net/11427/30583 Eng application/pdf Graduate School of Business (GSB) Faculty of Commerce |
| spellingShingle | Tjaondjo, Cornelia Nangoi Determinants of capital flight in Namibia |
| thesis_degree_str | Master's |
| title | Determinants of capital flight in Namibia |
| title_full | Determinants of capital flight in Namibia |
| title_fullStr | Determinants of capital flight in Namibia |
| title_full_unstemmed | Determinants of capital flight in Namibia |
| title_short | Determinants of capital flight in Namibia |
| title_sort | determinants of capital flight in namibia |
| url | http://hdl.handle.net/11427/30583 |
| work_keys_str_mv | AT tjaondjocornelianangoi determinantsofcapitalflightinnamibia |