Postage stamps and postal history of the Gambia Postage stamps and postal history of the Gambia This is a survey of the postage stamps and postal history of the Gambia. The Gambia is a country in West Africa surrounded by Senegal except for a short coastline on the Atlantic Ocean in the west. The Gambia River, from which the country takes its name, flows through it. The capital city is Banjul. The first stamps of Gambia were issued in March 1869. The early issues featured an embossed portrait of Queen Victoria. The Gambia achieved independence on 18 February 1965, as a constitutional monarchy within the Commonwealth. On 24
Capital flight assets from a city or region within a country. Post-apartheid South African cities are probably the most visible example of this phenomenon. The flight of capital from central cities to the suburbs that ring them was also common throughout the second half of the twentieth century in the United States. Countries with resource-based economies experience the largest capital flight. A classical view on capital flight is that it is currency speculation that drives significant cross-border movements of private funds, enough to affect financial markets. The presence of capital flight indicates the need for policy reform. In 1995, the International Monetary