The Philippines on debt row / Edsel L. Beja Jr. 6

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Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; Quezon City : Office of Research and Publications, Ateneo de Manila University, 2009. 200946Edition: Description: Vol. 8 2009-Content type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 Edsel L. Beja, jr. 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- Philippines, debt -- Debt penalty -- Debt relief -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:
Contents:
Action note: In: The Loyola schools review : School of Social Sciences 8 : 2009. pp.43-68 Summary: Other editions:
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ABSTRACT : 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 necessary to pull the country out of such a state of affairs. 56

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