Hello Flight, Goodbye Capital (Paperback) (ISBN-13: 9783836436359)

This research is an attempt at explaining and analyzing capital flight from Southeast Asia. The research surveys the literature on the meanings and measurements of capital flight. ''Was capital fleeing Southeast Asia?'' is answered using the residual method. Next the issue ''Why was capital fleeing Southeast Asia?'' is addressed. The examination is done using direct and indirect linkages between capital flight and external borrowing. ''Should Southeast Asia worry about capital flight?'' is the third issue of the research. Counterfactual calculations using a planning method and multiplier method explore what the effects is capital flight was regulated and the funds were used in productive domestic activities. Finally, ''What is to be done?'' Policy guidelines are discussed that could lead to restrain, reduce, and reverse capital flight.

Author: L. Edsel Beja
ISBN-10: 3836436353
ISBN-13: 9783836436359
Publisher: VDM Verlag Dr. Mueller E.K.
Language: English
Published: 11/19/2007
Pages: 148
Format: Paperback
Weight: 0.54lbs
Size: 9.61h x 6.69w x 0.32d