Capital flight from Indonesia and the Philippines.
Capital flight refers to the large-scale financial capital outflow from a country. Such largescale financial outflows are usually triggered by fears and suspicions about the country's future and currency exchange rate. By and large, it involves the flow of productive resources from poor (develo...
| Main Authors: | , , |
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| Format: | Thesis |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/42583 |
| _version_ | 1826124378715193344 |
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| author | Lim, Poh Guan. Ng, Seng Huat. Khoo, Frank Shao Hong. |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Lim, Poh Guan. Ng, Seng Huat. Khoo, Frank Shao Hong. |
| author_sort | Lim, Poh Guan. |
| collection | NTU |
| description | Capital flight refers to the large-scale financial capital outflow from a country. Such largescale financial outflows are usually triggered by fears and suspicions about the country's future and currency exchange rate. By and large, it involves the flow of productive resources from poor (developing) to rich countries. This creates a foreign-debt problem for developing countries. In this report, indicative estimates of the amount of capital flight from Indonesia and the Philippines from 1986 to 1995 are provided. The authors adopted two different approaches to estimating capital flight. The first is a direct method known as the Balance of Payment method and the second is an indirect method known as the Residual method. Estimates obtained using both methods were fine-tuned by adjusting for mis-invoicing data,
necessary ownership of foreign assets and incomplete debt data. The correlation of currency devaluation, inflation, interest rates and political climate to capital flight was then evaluated. |
| first_indexed | 2024-10-01T06:19:39Z |
| format | Thesis |
| id | ntu-10356/42583 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T06:19:39Z |
| publishDate | 2010 |
| record_format | dspace |
| spelling | ntu-10356/425832024-01-12T10:23:01Z Capital flight from Indonesia and the Philippines. Lim, Poh Guan. Ng, Seng Huat. Khoo, Frank Shao Hong. Nanyang Business School Sun Qian DRNTU::Business::Finance::International finance Capital flight refers to the large-scale financial capital outflow from a country. Such largescale financial outflows are usually triggered by fears and suspicions about the country's future and currency exchange rate. By and large, it involves the flow of productive resources from poor (developing) to rich countries. This creates a foreign-debt problem for developing countries. In this report, indicative estimates of the amount of capital flight from Indonesia and the Philippines from 1986 to 1995 are provided. The authors adopted two different approaches to estimating capital flight. The first is a direct method known as the Balance of Payment method and the second is an indirect method known as the Residual method. Estimates obtained using both methods were fine-tuned by adjusting for mis-invoicing data, necessary ownership of foreign assets and incomplete debt data. The correlation of currency devaluation, inflation, interest rates and political climate to capital flight was then evaluated. Master of Business Administration 2010-12-30T08:21:47Z 2010-12-30T08:21:47Z 1998 1998 Thesis http://hdl.handle.net/10356/42583 en 42 p. application/pdf |
| spellingShingle | DRNTU::Business::Finance::International finance Lim, Poh Guan. Ng, Seng Huat. Khoo, Frank Shao Hong. Capital flight from Indonesia and the Philippines. |
| title | Capital flight from Indonesia and the Philippines. |
| title_full | Capital flight from Indonesia and the Philippines. |
| title_fullStr | Capital flight from Indonesia and the Philippines. |
| title_full_unstemmed | Capital flight from Indonesia and the Philippines. |
| title_short | Capital flight from Indonesia and the Philippines. |
| title_sort | capital flight from indonesia and the philippines |
| topic | DRNTU::Business::Finance::International finance |
| url | http://hdl.handle.net/10356/42583 |
| work_keys_str_mv | AT limpohguan capitalflightfromindonesiaandthephilippines AT ngsenghuat capitalflightfromindonesiaandthephilippines AT khoofrankshaohong capitalflightfromindonesiaandthephilippines |