Manasan, Rosario G.; Castel, Cynthia G. - East Asian Bureau of Economic Research (EABER) - 2010
Although LEEs are meant to be self-sustaining, if not revenue-generating units, many of them actually incur losses on a continuing basis. Current practice in many LGUs does not engender a clear appreciation of the true cost of the local economic enterprise. COA has documented many cases where...