| Author | Parayno, Phares P. |
| Call Number | AIT Thesis no.IE-89-12 |
| Subject(s) | Debts, External--Philippines
|
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of
Master of Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | A system dynamics model is used to analyze the relationship between
foreign capital inflows and the consequent build-up of debt, and economic
growth in a developing country like the Philippines. The model incorporates
the macrostructure of economic growth, the microstructure of market-clearing
mechanisms, and the realistic accounting of money flows. The study shows
that in order to achieve tolerable debt-servicing payments, the economy
should become capital-intensive. At the same time, investment is encouraged
by decreasing taxes and demand expanded by increasing government spending
and promoting exports. Domestic resources should be augmented by foreign
capital inflows. The resulting economic take-off supports high debt servicing
which eventually decreases debt levels and, ultimately, dependence on foreign
capital inflows. Further researches, however, should be considered more
seriously to corroborate these findings. |
| Year | 1989 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Saeed, Khalid; |
| Examination Committee(s) | Tabucanon, Mario T.;Amin, A.T.M. Nurul;Naseem, S.M.; |
| Scholarship Donor(s) | Deutscher Akademischer Austauschdienst (DAAD), Federal Republic of Germany; |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1989 |