000			01518naa a2200181Ia 4500
008			160503s9999 xx 000 0 und d
001			art0610
100			_aBoyce, James K.
245			_aCapital flight from the Philippines, 1962-1986 /
300			_ap.191-222
490			_aVol. 15 No. 2 Second Sem 1988
520			_aThis paper presents quantitative measures of the annual flow and cumulative stock of capital flight from the Philippines in the 25-year period from 1962-1986. The paper is organized as follows: the second section discusses the concept of capital flight and proposes a definition which rests upon the notion of contested control over capital. Section three enumerates the principal mechanism by which capital fled the Philippines in recent decades. The fourth section presents alternative preliminary measures of annual flows of flight capital. Section five explains adjustments to these measures to capture the net effect of misinvoicing of exports and imports. Section six shows the final estimates of the flows and stock of flight capital, incorporating adjustments for inflation and interest earnings to derive measures which can be compared, for example, to the country's outstanding external debt at the end of 1986. The conclusions are summarized in the last section
650			_aCapital movements - Philippines
700			_aZarsky, Lyuba.
773			_wjpd1 _tJournal of Philippine Development
856			_uhttp://dirp3.pids.gov.ph/ris/pjd/pidsjpd88-2capital.pdf
942			_cART _2MT
999			_c7040 _d7040