Philippines' Debt History: From Brady Bonds to Marcos 2.0

An analysis of the Philippines' debt history, from Brady Bonds to the current "Marcos 2.0" era, highlights the lesson that debt structure, not just debt itself, determines a nation's resilience against financial traps.

4 Apr, 03:00 — 4 Apr, 03:00

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RapplerMostly Factual7d ago

From Brady Bonds to Marcos 2.0: The debt trap we escaped once

The lesson of the 1980s is not simply that debt can be dangerous. It is that debt structure determines resilience.

By Dr. Jaemin Park

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Philippines' Debt History: From Brady Bonds to Marcos 2.0

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From Brady Bonds to Marcos 2.0: The debt trap we escaped once

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