When economists talk about developing countries experiencing flight of capital they mean?

Related Mcqs:

Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to ?

A. stress agricultural development over industrial development B. promote industrial development over agriculture C. use a balanced strategy that promotes both agricultural and industrial development D. stress the importation of agricultural products and the export of manufactured goods...

Low agricultural productivity in developing countries is mainly caused by ?

A. shortages of inputs including land B. an over-investment in farm equipment C. migration from rural areas to urban areas D. a lack of effective demand for food products...

The main reason why land reform increase agricultural output is that is ?

A. encourages mechanization B. allows the farmers to set the prices for their agricultural products C. enables farmers to escape the problem of diminishing return D. makes farmers owners of the land instead of tenants and owners’ farmers are more productive than tenant farmers...

Debt-re-scheduling is ?

A. an agreement with the World Bank to turn some of a debt into other forms B. a change in debt repayment due to inability to pay C. regular payments of interest and repayments of capital D. a program of austerity measures agreed with the IMF to make repayment possible...

An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?

A. debt rescheduling agreement B. debt service agreement C. program for growth D. stabilization program...