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1. Capital Flight and Capital Controls in Developing Countries: an Introduction Gerald Epstein ______________________________________________________________ WHY CAPITAL FLIGHT? This book concerns capital flight in developing countries: How big is it? What causes it? How are we to interpret it? What are its effects? What can be done about it? The core of the book consists of seven case studies of capital flight from developing countries (Brazil, Chile, China, South Africa, Thailand, Turkey and a set