Filters

Reset filters

Settings

Subject: Public debt Ɨ

Search Results

Now showing 1 - 7 of 7
  • ItemRestricted
    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.
  • ItemRestricted
    Philippine public debt and inflation
    (1979-01) Limbaco, Maria Lourdes A.; Marquez, Daisy S.
  • ItemRestricted
    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.
  • ItemRestricted
    NAPOCOR debt: a historical and economic scrutiny
    (2005-03) Llenaresas, Virgilio; Rivera, Katherine Joy
    The Philippine fiscal crisis has reached an alarming level. One of the principal factors contributing to the problem is the national government's contingent liability, the major part of which is the National Power Corporation (NPC) debt. This paper looks into the history and probes the reasons for NPC debt accumulation. It then relates how debt accumulation leads to NPC financial degradation.
  • ItemRestricted
    The impact of public infrastructure on regional income disparities (1995-2002)
    (2006-03) CaƱete, Edan Marri R.; Diaz, Mario Vincent N.
    Infrastructure plays an important role in a country's economy, a critical index of economic vitality. Furthermore, its absence or failure introduces a major obstacle to growth and competitiveness. With the government's fiscal deficit (3.8 percent of GDP in 2004), deficiency of private investment (20% of GDP or less), and the constant political instability facing the Arroyo administration, the government is faced with the challenge of determining which public investments should be prioritized and in which regions should be the allocation be properly placed. The paper aims to assess the effect of public investment on Gross Regional Domestic Product growth and to investigate if differences in government investment in infrastructure contribute significantly to differences in Gross Regional Domestic Product. The results showed a positive correlation between the General Infrastructure indicator and the standardized Gross Regional Domestic Product while the negative correlation of the employment rate with the standardized Gross Regional Domestic Product showed higher income disparity among the Philippine regions. Moreover, Economic Infrastructure Indicators (composed of transport, communication, wafer supply, energy supply and irrigation development) and Social Infrastructure Indicators (composed of health an education) have different impacts on standardized GRDP. The former has a positive coefficient while the latter has a negative coefficient. The study shows that there are substantial disparities in infrastructure levels from the different regions. Also, there is a tendency for infrastructure investments to cluster at the metropolitan areas. Indeed, differences in infrastructure levels have significant effects on regional income disparities.
  • ItemRestricted
    Assumed liabilities, government spending and economic growth
    (2006-10) Calonzo, Andrew C.; Gerero, Menchie L.
    This paper investigates the impact of government debt servicing on assumed liabilities on economic growth over a sample period of 1988 to 2004. Ordinary Least Squares estimation (OLS) is applied to the model. The estimation results show that government spending on assumed liabilities has a negative and significant effect on economic growth, at least at the mean levels of assumed liabilities. On the other hand, private investment has a positive and significant effect on economic growth. Population growth is statistically insignificant in the model.
  • ItemRestricted
    Central bank of the Philippines debt: a historical description
    (2006-03) Nuqui, Aurielle Kyle M.; Yeo, Bryan Howell L.
    One of the major contributors to the Philippine fiscal crisis is the overall liability of the national government, of which a significant part consists of the accumulated debt of the CBP. This paper aims to investigate the reasons for this debt buildup through the use of historical and financial information. Following this, we will delve into the remedy presented by the framers of Republic Act No. 7653, or the New Central Bank Act of 1993, to see whether the provisions in the charter of the current Bangko Sentral ng Pilipinas will still open it to similar indiscretions.