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The Size, Financing and Impact of the Public Sector Deficit, 1975-198

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  • Manasan, Rosario G.

Abstract

The manner by which the government has chosen to finance the fiscal deficit in the given period and the economic consequences of financing of government expenditures are discussed in this paper. It documents the size of the government deficit from 1975-1984 through the presentation of a consistent series of consolidated public sector. It also analyzes the implications of the fiscal deficit on public debt, interest rate, capital formation, money creation and inflation.

Suggested Citation

  • 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.
    • Handle: RePEc:phd:wpaper:wp_1988-03
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    File URL: https://www.pids.gov.ph/publication/working-papers/the-size-financing-and-impact-of-the-public-sector-deficit-1975-198
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    References listed on IDEAS

    as
    1. Fry, Maxwell J., 1980. "Saving, investment, growth and the cost of financial repression," World Development, Elsevier, vol. 8(4), pages 317-327, April.
    2. Remolona, Eli H., 1985. "Financing the Budget Deficit in the Philippines," Working Papers WP 1985-02, Philippine Institute for Development Studies.
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    Cited by:

    1. Bruce Koppel, 1990. "Mercantile Transformations: Understanding the State, Global Debt and Philippine Agriculture," Development and Change, International Institute of Social Studies, vol. 21(4), pages 579-619, October.

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