Chinese loans and the infrastructure program of the Duterte administration
How can foreign loans be sustainable under an administration that favors foreign borrowing, particularly from the People’s Republic of China? The basic premise is that a debt is sustainable if the benefits of the project to which the loan proceeds are applied exceed the cost of borrowing. As an alte...
Published in: | Philippine Journal of Public Administration Vol. LXV, no. 1-2 (Jan. 2021 - Dec. 2021), 140-157 |
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Resource Type: | Article |
Language: | English |
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2021
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National College of Public Administration and Governance
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