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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Archīum Ateneo
2009
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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 |
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Philippines indebtedness debt penalty debt relief Economics Finance |
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Philippines indebtedness debt penalty debt relief Economics Finance Beja, Edsel L, Jr The Philippines on debt row |
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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. |
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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 |
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The Philippines on debt row |
title_sort |
philippines on debt row |
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Archīum Ateneo |
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2009 |
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https://archium.ateneo.edu/economics-faculty-pubs/131 https://mpra.ub.uni-muenchen.de/23232/ |
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