Remolona, Eli H.

Financing the budget deficit in the Philippines. - Makati, Metro Manila: Philippine Institute for Development Studies,1984. - 54 pages : illustrations ; 28 cm. - PIDS Working Paper No.85-02. .

For the last 25 years, the government has been incurring heavy budgetary deficits. Yet, data on recent Philippine experience reveal that no well-established guidelines on how to finance a budget deficit have been formulated. This paper investigates the means and measures to finance a deficit, considers a theory that chooses an optimal mix of policy instruments and studies the experience of less developed country like the Philippines as a case in point.


Deficit financing -- Philippines.
Budget deficits -- Philippines.
Budget deficits.
Deficit financing.
Philippines.
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