Capital flight has plagued developing countries for years. Capital Flight and Capital Controls in Developing Countries is the first book to use a common methodology for a set of case studies on the size, causes and consequences of capital flight in developing countries. The case studies of Brazil, China, Chile, Middle Eastern and North African Countries, South Africa, Thailand, and Turkey provide rich descriptions of capital flight in a variety of contexts. The book includes a detailed description of capital flight estimation methods, a chapter surveying the impact of financial liberalization, and several chapters on solutions to the capital flight problem, including capital controls.