fatvegan

Imagine that you lived in a poor nation and you happened to be lucky enough to have some wealth to invest; you might well decide that putting it in a safe country like the United States was your best option, even if capital is less valuable there than in your home country.

From Gregory Mankiw's Macroeconomics

This is the most compassionate explanation for capital flight I've ever heard. Mostly explanations consist of something like this:

Amoral fuckheads in the government, military or business community steal a shitload of money from the poor and/or some aid organisation and then send it overseas so it won't get stolen back.