Export Diversification and Capital Flight in Cameroon
Asian Journal of Economics, Business and Accounting · pp. 1–12 · Published 2 Mar 2020
10.9734/ajeba/2020/v14i230187Abstract
The aim of this study is to show the effect of export diversification on capital flight in Cameroon over the 1984-2015 period. The Autoregressive Distributed Lags (ARDL) method is used. The results show that the export diversification promotes capital flight in Cameroon. The main recommendation is to ensure efficiency and transparency in the export diversification process in order to fight corruption, report the net worth of exported goods and fight capital flight.
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