Teacher CPD: Join us in London for another packed programme of face-to-face CPD courses. Learn more


Capital Flight

Capital flight is the rapid movement of large sums of money out of a country. There could be several possible reasons including a lack of confidence in a country's economy and/or its currency and political turmoil.

Capital flight occurs when owners of liquid assets move them to other countries perceived as safe havens or as offering better returns. It can be legal or illegal. One consequence of capital flight can be a weakening of the exchange rate.

© 2002-2023 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.