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 |
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Format: | text |
Published: |
Archīum Ateneo
2009
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Subjects: | |
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 |
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