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Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives.
Center for Economic and Policy Research
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March 2003, Monique Morrissey and Dean Baker
This paper measures the extent and direction of current international capital flows. It finds that most developing nations have large outflows of capital due to past debts and payments of intellectual property claims, such as licensing fees and royalties on patents and copyrights.