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 service is crowded out, even as they entail more borrowings in order to timely meet debt obligations. The failure to...
| Published in: | The Loyola Schools Review Social Sciences Vol. VIII (2009), 43-67 |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
2009
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| Subjects: |