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Starting in the mid-1930s, Hitler's aggression caused capital flight from Europe.
In the early 1990s belief in the Asian growth story caused capital to flow into the region.
In Europe, by contrast, fears of government defaults — or currency devaluations if a country leaves the euro zone — have caused capital to flee across the Atlantic.
Worries about the effects of a Canadian break-up on the country's public-sector debts caused capital flight, depressing the currency and the Toronto Stock Exchange.
Chetan Ahya, an economist at Morgan Stanley, thinks India has its problems, but that the weak rupee mainly reflects the trauma in global markets, which has caused capital flows to dry up.
Worries about tapering this summer caused capital flight from places like India, which further impaired growth (and nudged up interest rates) and pushed its fiscal deficit up to a forecast 8.5% for the 2013/14 fiscal year.Even countries that have looked prosperous over the last few years now seem a bit less healthy.
Similar(53)
First, widespread corruption among party officials is causing capital flight and public discontent.
If the assumed losses cause capital to fall below a regulatory threshold, the banks effectively fail the test.
The problem is that that's easy to say, but I also recognize that globalization causes capital just to stampede throughout the world now like never before.
In addition, heightened uncertainty about United States fiscal policy tends to cause capital to flow to safe havens – paradoxically, including the United States.
An irrational market sends misleading signals, causing capital to be allocated in the wrong places for example, encouraging the building of homes in America, Spain and Ireland for which there was scant underlying (as opposed to speculative) demand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com