Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/187275 
Year of Publication: 
1995
Series/Report no.: 
PIDS Discussion Paper Series No. 1995-01
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
Vast literature have documented that the Philippine economic crisis from1983-1985 has been due to extravagant fiscal policy and to the proliferation of government-owned and/or controlled corporations. This paper presents an overview of the macroeconomic role and the management framework within which public enterprises (PEs) operate in the Philippines. This also reviews PEs financial profitability and its contribution in the macroeconomy.
Subjects: 
public debt
public enterprise
Government-Owned and Controlled Corporations (GOCCs)
Document Type: 
Working Paper

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