82
JOURNAL OF PHILIPPINE DEVELOPMENT
FIGURE 5 Gross Capital Flows as Percentage of GDP
4O
2O 10
198s 1989199o 1991 19921993 199.
•
RP Malaysia --Thailan.d --,'-Singapore --,,-Indonesia
i
FIGURE 6 Equity Market Capitalization as Percentage of GDP
350 300 250
150 100
-
.--
5O 0
;gog.
l'-m-Indon+sia
mgg
-q,'- Malaysia +
;m;
i_2
Philippine++
1993 ;9++
Singapore -zk,-Thailan+
l