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A temporary crisis that still hurts

Sharp upticks in diesel and gasoline prices continue to make headlines, and while this is causing most people to worry, the Philippine government is holding back against pressing the panic button.

Populist politics

Populist politics
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Till debt do us part

OF SUBSTANCE AND SPIRIT Of the many weaknesses of the Philippine economy during the Marcos dictatorship, its heavy reliance on foreign borrowing to finance domestic investment was most debilitating. The idea then was to use borrowed funds to accelerate the growth of the Philippine economy even wi

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