The Philippines on debt row

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 services is crowded out, even as they entail more borrowings in order to timely meet debt obligations. The failure t...

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Main Author: Beja, Edsel L, Jr
Format: text
Published: Archīum Ateneo 2009
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Online Access:https://archium.ateneo.edu/economics-faculty-pubs/131
https://mpra.ub.uni-muenchen.de/23232/
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Institution: Ateneo De Manila University
id ph-ateneo-arc.economics-faculty-pubs-1130
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spelling ph-ateneo-arc.economics-faculty-pubs-11302020-08-20T06:32:15Z The Philippines on debt row Beja, Edsel L, Jr 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 services 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 raise incomes has contributed to the economic decrepitude of the Philippines. Debt relief is neces-sary to pull the country out of such a state of affairs. 2009-08-01T07:00:00Z text https://archium.ateneo.edu/economics-faculty-pubs/131 https://mpra.ub.uni-muenchen.de/23232/ Economics Department Faculty Publications Archīum Ateneo Philippines indebtedness debt penalty debt relief Economics Finance
institution Ateneo De Manila University
building Ateneo De Manila University Library
country Philippines
collection archium.Ateneo Institutional Repository
topic Philippines
indebtedness
debt penalty
debt relief
Economics
Finance
spellingShingle Philippines
indebtedness
debt penalty
debt relief
Economics
Finance
Beja, Edsel L, Jr
The Philippines on debt row
description 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 services 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 raise incomes has contributed to the economic decrepitude of the Philippines. Debt relief is neces-sary to pull the country out of such a state of affairs.
format text
author Beja, Edsel L, Jr
author_facet Beja, Edsel L, Jr
author_sort Beja, Edsel L, Jr
title The Philippines on debt row
title_short The Philippines on debt row
title_full The Philippines on debt row
title_fullStr The Philippines on debt row
title_full_unstemmed The Philippines on debt row
title_sort philippines on debt row
publisher Archīum Ateneo
publishDate 2009
url https://archium.ateneo.edu/economics-faculty-pubs/131
https://mpra.ub.uni-muenchen.de/23232/
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