An Analysis of the Philippine Economic Crisis: A Workshop Report, June 1984

agenda agriculture allocation analysis annual Asia authoritarianism average billion budget deficits CALIFORN capital outlays Central Bank changes commercial consumption country's Crop current account deficits debt-service decisions developing countries DIEGO domestic earnings effect employment exchange rate export external debt external shocks financing foreign borrowing foreign exchange foreign loans funds GFIs government deficits government expenditures government intervention government's growth rates Hence higher imports income distribution increase inflation infrastructure interest investment labor major Malaysia ment monetary growth money supply monopoly NASUTRA NATIONAL GOVERNMENT NEDA official output payments percent period peso PHILEX PHILIPPINE ECONOMIC CRISIS Philippine National Railways picul policies political banks poverty threshold private sector privileges productivity projects ratio reduce regime result revenues share South Korea spot prices Statistical sugar producers sugar trade Table tariff taxes Thailand tion total external debt trend UNIVERS wage workers