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Although Controls on the Outflow of Capital for Developing Countries

question 19

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Although controls on the outflow of capital for developing countries may be appealing, they tend to suffer from people finding ways to evade the controls and move funds out of the country.


Definitions:

Expected Utility

Sum of the utilities associated with all possible outcomes, weighted by the probability that each outcome will occur.

Income

The money a person or business receives in exchange for providing a good or service or through investing capital.

Research

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.

Standard Deviation

A statistical measure of the dispersion or variability of a set of numbers, showing how much variation exists from the average.

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