Financing the budget deficit in the Philippines.
By: Remolona, Eli H.
Series: PIDS Working Paper No.85-02.Publisher: Makati, Metro Manila: Philippine Institute for Development Studies,1984. Description: 54 pages : illustrations ; 28 cm.Subject(s): Deficit financing -- Philippines. Budget deficits -- Philippines. Budget deficits. Deficit financing. PhilippinesOnline resources: Click here to access online| Item type | Current location | Call number | Status | Date due | Barcode |
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Philippine Institute for Development Studies General Circulation Section | PIDS 02.01.01 WP8502 1985 F (Browse shelf) | Available | 2001001376 |
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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.