This paper presents quantitative measures of the annual flow and cumulative stock of capital flight from the Philippines from 1962-1986. Results indicate a substantial capital flight during the period of investigation, amounting to almost four-fifths of the country’s external debt outstanding at the end of 1986.
Citations
This publication has been cited 3 times
In other Publications
- Beja, Edsel. 2005. Capital flight from the Philippines, 1970-2002. Philippine Review of Economics, 42, No. 2, 1-26. University of the Philippines School of Economics and Philippine Economic Society.
- Griffin, Keith. 1991. Foreign aid after the cold war. Development and Change, 22, no. 4, 645-685. International Institute of Social Studies.
- Sarmad, Khwaja. 1993. Private capital outflow from Pakistan. The Pakistan Development Review, 32, No. 4, 619-627. Pakistan Institute of Development Economics.
