Chunhachinda, Pornchai; Boyrie, Maria E. de; Pak, Simon J. - In: Review of Pacific Basin Financial Markets and Policies … 11 (2008) 03, pp. 363-387
This paper investigates capital flight from Thailand to the US through trade misinvoicing during the period from 1990 to 2005. The evidence indicates that capital flight from Thailand to the US, valued over US$16,189 million, had been done through under-invoicing exports to the US rather than...