Philippine fiscal behavior in recent history

The Philippine national government had large and unstable budget in the 1980s. But after a brief period of near-balanced budget in the mid-1990s, large deficits have reemerged in recent years. The deficits occurred during periods of soaring oil prices, high interest rates, and volatile foreign excha...

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Bibliographic Details
Published in:The Philippine Review of Economics Vol. 47, no.1 (June 2010), p. 39-87.
Main Author: Diokno, Benjamin E. (Author)
Format: Analytics
Language:English
Published: [Quezon City] School of Economics, University of the Philippines 2010.
Subjects:
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9