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Perhaps international coordination that left capital only such destinations as Burma or the Central African Republic would help, but what is to be done with capital that is already out of the country?

Why we repatriate it, of course.

This method won't kill the "man-with-suitcase" method of capital flight - but transporting suitcases full of unmarked bills is already illegal under most WesternTM terror laws. And it won't stop people from off-shoring granny's jewelry. But that's a comparatively minor fraction of their assets...

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Oct 11th, 2009 at 04:34:45 AM EST
[ Parent ]
Good comment in the Feb. OT.  I must have missed it.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Oct 11th, 2009 at 10:15:50 AM EST
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