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What lies ahead in 2001
| Content Provider | Semantic Scholar |
|---|---|
| Author | Yap, Josef T. |
| Copyright Year | 2002 |
| Abstract | Mr. Estrada, a hard-living former movie actor, was ruined by accusations that he had taken $11 million in bribes. He left behind a nation staggering under a greater burden: spiraling budget deficits, a battered stock market, a devalued currency, and a new reputation for chicanery that sent even the most loyal investors packing.....What makes the collapse all the more painful is that the Philippines had emerged from the Asian economic crisis in better shape than most others in the region. In part that was because it never experienced the vertiginous growth or asset inflation of countries like Thailand and South Korea. But it was also a result of Manila’s fiscal discipline, which produced budget surpluses from 1994 to 1997.1 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://dirp4.pids.gov.ph/ris/drn/pidsdrn01-1.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
