An investigation into the relationship between capital flight and external debt: The Philippine experience from 1970-2004

• Main Authors: Fausto, Ronald Nicholas M., Or, Joy Estefanie N., Salisi, Angeli DL
• Format: text
• Language: English
• Published: Animo Repository 2005
• Subjects: Debts, External > Philippines; Capital movements > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18383
• Institution: De La Salle University

Using Boyce's study as a foundation of this research, this paper analyzes the relationship between Philippine capital flight and external debt over the period 1970-2004. The framework goes this way: external debt causes capital flight capital flight causes external debt. Since capital flight ha...