Capital Flight from the Philippines, 1962-1986
James K. Boyce and
Philippine Journal of Development from Philippine Institute for Development Studies
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 countryâ€™s external debt outstanding at the end of 1986.
Keywords: inflows; capital outflows; public debt; capital account (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:phd:pjdevt:jpd_1988_vol__xv_no__2-c
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