Marie Jennalyn D Monterey | De La Salle University (original) (raw)

Papers by Marie Jennalyn D Monterey

Research paper thumbnail of Coping in the sovereign debt crisis: The role of EU in improving Greece's credit rating

Six years after Greece’s credit rating started going downhill, the country is now recuperating fr... more Six years after Greece’s credit rating started going downhill, the country is now recuperating from a domestic economic crisis that almost caused the ‘Grexit’ and the downfall of the 28-country European Union (EU). Greece had once reached rock bottom when it received junk bond status from top three credit rating agencies – Moody’s Investor Service, Standard & Poor’s Rating Services , and Fitch Ratings – in 2010 and had to pass extreme austerity measures to repay their sovereign debt. However, Greece was not alone in overcoming the crisis as other international organizations and its fellow Eurozone states joined together to craft bailout deals and to ratify temporary and permanent funding programmes. Through collective efforts of the community, Greece, has recently received upgraded credit ratings with a stable outlook. In this paper, I will examine the role of EU and its subsectors in improving the credit worthiness of its sovereign debt crisis-inflicted members towards collective financial stability in the Eurozone.

Keywords: European Union, credit rating, austerity measures, financial stability

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Research paper thumbnail of A study on the effects of risk reduction procedures in the tourism industry of Baler

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Research paper thumbnail of An Appropriation of Dead Stars by Paz Marquez Benitez

No copyright infringement intended. Solely done for the partial fulfillment of our ELECLIT Contem... more No copyright infringement intended. Solely done for the partial fulfillment of our ELECLIT Contemporary Short Fiction course under Ms. Erika Carreon in De La Salle University. The original work of Paz Marquez Benitez entitled Dead Stars can be found here: http://www.sushidog.com/bpss/stories/stars.htm

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Research paper thumbnail of The Perspective of Male Victims on Domestic Violence in the Philippines

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Drafts by Marie Jennalyn D Monterey

Research paper thumbnail of An Assessment of the Naval Capability of the Philippines in Achieving Minimum Credible Defense

The research presents an analysis of the process of attaining minimum credible defense through th... more The research presents an analysis of the process of attaining minimum credible defense through the assessment of the progress of the country’s naval modernization. The aim of the study is to assess the Philippine Navy (PN) Sail Plan 2030 under the Armed Forces of the Philippines (AFP) Modernization program, which in turn will be used as a component in analyzing the attainment of the minimum credible defense of the country. The assessment of naval military capability of the Philippines pertains to the actions and decisions taken by the government in naval force enhancement. Another agenda of the study is to determine the strengths and weaknesses of the strategies undertaken by the government in attaining minimum credible defense. Vital to the study was the analysis of government agency structures, actions and decisions in enhancing the navy and the problems encountered along the process and the consequences due to the implemented decisions. The primary question which the research aims to answer is ‘how has the Philippines attempted to attain a minimum credible defense through the modernization of the Navy?’ The term enhancement was operationalized by the process of modernization of navy in attaining minimum credible defense. The other term explicated is minimum credible defense through the definitions argued by different scholars. The process by which the questions were answered was through the assessment of the PN Sail Plan 2030 which included the examination of military enhancement policies, national budgeting, government transactions, navy enhancement policies and foreign policies. Qualities of naval equipment and vehicles were studied in relation to the budgets allocated which determined any accomplishment by the Philippine government in attaining minimum credible defense. Findings show that through undertaking the PN Sail Plan 2030, the Philippines aimed at refocusing its empowerment of the Army into reorganizing the entire military forces, balancing the priority for the Army, Navy and Airforce. However, agencies faced organizational, hierarchical, political and material acquisition complications. The success of the government in modernizing its navy has merely substandard results of a recent policy of the current administration wherein problems regarding strict implementation of rules and regulations, hierarchy, bureaucratic effectiveness and efficiency, government strength and consistency of policies from one administration to the next. This led for the researchers to conclude that the attainment of a minimum credible defense has been hampered by the influence of the inefficient implementation of the AFP Modernization.

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Research paper thumbnail of Coping in the sovereign debt crisis: The role of EU in improving Greece's credit rating

Six years after Greece’s credit rating started going downhill, the country is now recuperating fr... more Six years after Greece’s credit rating started going downhill, the country is now recuperating from a domestic economic crisis that almost caused the ‘Grexit’ and the downfall of the 28-country European Union (EU). Greece had once reached rock bottom when it received junk bond status from top three credit rating agencies – Moody’s Investor Service, Standard & Poor’s Rating Services , and Fitch Ratings – in 2010 and had to pass extreme austerity measures to repay their sovereign debt. However, Greece was not alone in overcoming the crisis as other international organizations and its fellow Eurozone states joined together to craft bailout deals and to ratify temporary and permanent funding programmes. Through collective efforts of the community, Greece, has recently received upgraded credit ratings with a stable outlook. In this paper, I will examine the role of EU and its subsectors in improving the credit worthiness of its sovereign debt crisis-inflicted members towards collective financial stability in the Eurozone.

Keywords: European Union, credit rating, austerity measures, financial stability

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Research paper thumbnail of A study on the effects of risk reduction procedures in the tourism industry of Baler

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Research paper thumbnail of An Appropriation of Dead Stars by Paz Marquez Benitez

No copyright infringement intended. Solely done for the partial fulfillment of our ELECLIT Contem... more No copyright infringement intended. Solely done for the partial fulfillment of our ELECLIT Contemporary Short Fiction course under Ms. Erika Carreon in De La Salle University. The original work of Paz Marquez Benitez entitled Dead Stars can be found here: http://www.sushidog.com/bpss/stories/stars.htm

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Research paper thumbnail of The Perspective of Male Victims on Domestic Violence in the Philippines

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Research paper thumbnail of An Assessment of the Naval Capability of the Philippines in Achieving Minimum Credible Defense

The research presents an analysis of the process of attaining minimum credible defense through th... more The research presents an analysis of the process of attaining minimum credible defense through the assessment of the progress of the country’s naval modernization. The aim of the study is to assess the Philippine Navy (PN) Sail Plan 2030 under the Armed Forces of the Philippines (AFP) Modernization program, which in turn will be used as a component in analyzing the attainment of the minimum credible defense of the country. The assessment of naval military capability of the Philippines pertains to the actions and decisions taken by the government in naval force enhancement. Another agenda of the study is to determine the strengths and weaknesses of the strategies undertaken by the government in attaining minimum credible defense. Vital to the study was the analysis of government agency structures, actions and decisions in enhancing the navy and the problems encountered along the process and the consequences due to the implemented decisions. The primary question which the research aims to answer is ‘how has the Philippines attempted to attain a minimum credible defense through the modernization of the Navy?’ The term enhancement was operationalized by the process of modernization of navy in attaining minimum credible defense. The other term explicated is minimum credible defense through the definitions argued by different scholars. The process by which the questions were answered was through the assessment of the PN Sail Plan 2030 which included the examination of military enhancement policies, national budgeting, government transactions, navy enhancement policies and foreign policies. Qualities of naval equipment and vehicles were studied in relation to the budgets allocated which determined any accomplishment by the Philippine government in attaining minimum credible defense. Findings show that through undertaking the PN Sail Plan 2030, the Philippines aimed at refocusing its empowerment of the Army into reorganizing the entire military forces, balancing the priority for the Army, Navy and Airforce. However, agencies faced organizational, hierarchical, political and material acquisition complications. The success of the government in modernizing its navy has merely substandard results of a recent policy of the current administration wherein problems regarding strict implementation of rules and regulations, hierarchy, bureaucratic effectiveness and efficiency, government strength and consistency of policies from one administration to the next. This led for the researchers to conclude that the attainment of a minimum credible defense has been hampered by the influence of the inefficient implementation of the AFP Modernization.

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