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Financing the Budget Deficit in the Philippines

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  • Remolona, Eli H.

Abstract

For the last 25 years, the government has been incurring heavy budgetary deficits. Yet, data on recent Philippine experience reveal that no well-established guidelines on how to finance a budget deficit have been formulated. This paper investigates the means and measures to finance a deficit, considers a theory that chooses an optimal mix of policy instruments and studies the experience of less developed country like the Philippines as a case in point.

Suggested Citation

  • Remolona, Eli H., 1985. "Financing the Budget Deficit in the Philippines," Working Papers WP 1985-02, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:wpaper:wp_1985-02
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    File URL: https://www.pids.gov.ph/publication/working-papers/financing-the-budget-deficit-in-the-philippines
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    References listed on IDEAS

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    Cited by:

    1. Manasan, Rosario G., 1988. "The Size, Financing and Impact of the Public Sector Deficit, 1975-198," Working Papers WP 1988-03, Philippine Institute for Development Studies.
    2. Gochoco, Maria Socorro H., 1988. "Financing the Budget Deficit in a Small Open Economy: The Case of the Philippines, 1981-1986," Working Papers WP 1988-10, Philippine Institute for Development Studies.

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