Contributed articles presented at the Asian Level Seminar on qDebt-trap in the Globalized Asia Todayq held on January, 27-29, 2006 at Ecumenical Christian Centre, Bangalore.After all, the Philippines now already spends a third of its annual budget just to pay interest on debt. This country is like your typical credit card user who pays only the minimum due and sees his principal debt growing by leaps and bounds ... This amount is P38.3 billion or roughly 10 percent higher to settle principal debts.
|Title||:||Debt Management in Globalised Asia|
|Author||:||P. Jegadish Gandhi|
|Publisher||:||Deep and Deep Publications - 2006-01-01|