The Philippines On Debt Row  

Oleh:

Beja Jr, Edsel L.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Loyola Schools ReView Social Sciences vol. 8 (2009), page 43-67.
Topik: Philippines; Debt Penalty; Debt Relief

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: LL24 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Heavy indebtedness and debt service payments, indicated by debt magnitudes and shares to national budgets, revenues, or outputs, mean that spending for public infrastructure and basic service is crowded out, even as they entail more borrowings in order to timely meet debt obligations. The failure to reduce indebtedness, improve national revenues, and rise incomes has contributed to the economic decrepitude of the Philippines. Debt relief is necessary to pull the country out of such a state of affairs.

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