Which of the following measures does NOT help in decreasing capital flight from the countries where the capital originates?

Choose the correct answer

Explanation

While dependable positive real interest rates, improved efficiency in state enterprises, and market liberalization tend to discourage capital flight by making domestic investments more attractive, raising taxes on capital gains often fails to reduce capital flight and may even incentivize investors to move their capital elsewhere.

Which of the following measures does NOT help in dec… — The External Debt and Financial Crises | PakQuizHub