Capital Flight and Economic Performance

Capital flight aggravates resource constraints and contributes to undermine longterm economic growth. Counterfactual calculations on the Philippines suggest that capital flight contributed to lower the quality of long-term economic growth. Sustained capital flight over three decades means that capit...

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Bibliographic Details
Main Author: Beja, Edsel L, Jr
Format: text
Published: Archīum Ateneo 2007
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Online Access:https://archium.ateneo.edu/economics-faculty-pubs/116
https://archium.ateneo.edu/cgi/viewcontent.cgi?article=1115&context=economics-faculty-pubs
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Institution: Ateneo De Manila University