Brothers in distress: Revolving capital flows of Indonesia, Malaysia, and Thailand

被引：4

作者：

Beja, Edsel L., Jr. ^{[1
]}

机构：

[1] Ateneo Manila Univ, Dept Econ, Quezon City 1108, Philippines

来源：

JOURNAL OF ASIAN ECONOMICS | 2007年 / 18卷 / 06期

关键词：

Capital flight; Indonesia; Malaysia; Thailand;

D O I：

10.1016/j.asieco.2007.08.005

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The paper examines hypothesized linkages between external borrowings and capital flights as presented in [Boyce, J. K.(1992). The revolving door? External debt and capital flight: Philippine case study. World Development, 20(3),335-349]. The results for Indonesia, Malaysia, and Thailand show that large sums of capital flowed in and out of these economies in a revolving door fashion. The findings suggest the necessity for sound domestic management as well as effective international involvement in capital flows. (C) 2007 Elsevier Inc. All rights reserved.

引用

页码：904 / 914

页数：11

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