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"During more than a week we had the highest levels of capital flight in our history."
About a third of the capital flight, the study concluded, was legal.
Other measures that address capital flight need to be taken.
"This agreement will work if capital flight comes back," he said.
It has to be driven by business and of course, legislation against capital flight.
It causes capital flight, which makes the cash problem worse.
Just holding capital flight and default at bay for a few more months may not be enough.
In addition, because of poor investment conditions here, Brazil's private capital flight is expected to hit $10 billion this year.
These data show that there was no significant capital flight from emerging markets between 1990 and 1995.
The governments must then push interest rates through the roof to stop capital flight.
One response was to create both an exodus of talent from the country and capital flight.
The last major round of capital flight here took place in 1982, after two large devaluations.
The problem of capital flight could also be solved by a global agreement to tax all wealth at the same rate.
Capital flight over the last eight weeks has been estimated to be as much as $3 billion.
From 1983 through 1985, this traditional capital flight reflected, at least in part, an inappropriate exchange rate policy.
During the years of recovery following the 1998 debt crisis, capital flight seems to have slowed.
However, this sort of strategy often leads to internal political dissent and capital flight.
"There's been some capital flight, but the trade accounts have been looking very good."
So far, though, fear of capital flight has deterred the Government from eliminating it.
But that could ultimately lead to capital flight, as investors move money abroad for higher returns.
Throughout the war, Iran never managed to fully recover from this human capital flight.
There has been a large degree of human capital flight from South Africa in recent years.
The annual inflow of drug money has been more than offset by capital flight.
Such assistance just increases the pressure on the ruble and capital flight.
But successive Russian governments have watched money slip away in capital flight.