Sovereign Bankruptcy in the Perspective of the ASEAN Integration

This paper recognizes the presence of sovereign debt as primary means of financing its expenditures. It practically covers the gaps between cash outflows and inflows from a country’s revenues such as those coming from taxes. However, when a country’s debt goes too high that it already has difficulty...

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Bibliographic Details
Main Authors: Yener C. Cabalida, Alessa Joy D. Cruz, Kristine June D. Uy, Marjurie Lourince E. Zanoria
Format: Article
Language:English
Published: Center for Policy, Research and Development Studies 2015-06-01
Series:Recoletos Multidisciplinary Research Journal
Subjects:
Online Access:https://rmrj.usjr.edu.ph/rmrj/index.php/RMRJ/article/view/27