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Six decades of debt-driven economic governance: What is the scorecard?

The Filipino millennials (born 1982-1994) and post-millennials (born 1995 upward) may not be aware that the Philippine government has been relying on borrowing as the main instrument in managing the economy since the 1960s. The economy has become a debt-driven one for around six long decades. This is equivalent to… ....

Republic Of , South Korea , Philippines General , The Philippines , Diosdado Macapagal , Rodrigo Duterte , Corazon Aquino , Ninoy Aquino , Ferdinande Marcos , International Monetary Fund , Consultative Group , World Bank , International Labor Organization , Central Bank Governor Miguel Cuaderno , National Economic , Development Authority Neda , Ministry Of Labor , President Diosdado Macapagal , International Monetary , President Ferdinand , Green Revolution , Development Authority , World Bank Led Consultative Group , Creditor Countries , President Corazon Aquino , Middle East ,

How will the next govt address Covid, debt and other 'surging' problems?

After one year and three quarters of rolling quarantine programs (ECQ, MECQ, GCQ, MGCQ), the surge in Covid cases appears to be subsiding. The economic toll is terrible a gross domestic product (GDP)growth rate of minus 9.5 percent in 2020, the worst since the end of World War II. The quick “V”… ....

Quezon City , The Philippines , Renee Ofreneo , Ferdinand Marcos , Bureau Of Treasury , Professor Emeritus Of The University , Fitch Ratings , World War , Alert Levels , Presidential Decree , President Ferdinand Marcos , Consultative Group , Creditor Countries , Professor Emeritus ,

Beijing Consensus vs PHL neo-liberalism: Four decades after

Part two The amazing success of China in posting an annual gross domestic product growth rate of almost 10 percent in four decades (1980-2019) has triggered a debate among Western economists on the superiority of the so-called “Beijing Consensus”over the “Washington Consensus” in the promotion of growth among developing countries.… ....

Quezon City , United States , The World Bank , District Of Columbia , World Bank , South Korea , Deng Xiaoping , Fred Elizalde , John Williamson , Dani Rodrik , Cesar Virata , Philippine Chamber , Harvard Kennedy School , Industrial Development Strategy , Central Bank , Institute For International Economics , Washington Consensus , International Economics , Prime Minister Cesar Virata , Industry Sector , Financial Situation , Arroyo Administrations , Consultative Group , Creditor Countries , Philippine Aid Plan , Marcosian Presidential Decree ,