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    Impact of overnment spending, debt, and growth on poverty: a cross-country analysis
    (2014-04) De Guia, Shirra Jazel L.
    This paper discusses the empirical relationship of poverty and external debt and analyzes how government spending and economic growth links both variables. Data from the World Bank and IFPRI was used to create a panel data of nine countries from South East Asia and South Asia from the year 1983 to 20 l 0. The results of the study prove that debt does have a negative impact on poverty. This negative impact can be explained by the inverse relationship of the debt service ratio and government spending as well as external debt and growth. Proper use and allocation of resources such as investment on human capital will lessen the debt burden and promote inclusive growth which will then lead to poverty reduction.
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    A study on the allocation of Philippine external public debt: 1965-1981
    (1985-03) Dayao, Jose Arturo T. Jr.; Mina, Winston Ceasar R.; Alonzo, Ruperto P.
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    The sustainability of Philippine external debt
    (2003-04) Martinez, Goldie Anne C.; Tecson, Gwendolyn
    The following study looks at the sustainability of external debt policies of the Philippines. Annual data from 1971-2000 was used. This paper is an application to Philippine data the study conducted by Jayme (2001) for Brazil's debt situation. External debt in the Philippines was juxtaposed with trade data to test for sustainability. In a nutshell, sustainability means that growth of outflows, which includes debt payment and imports, should be less that the growth of inflows.