Philippines: Selected Issues

This Selected Issues paper analyzes the factors behind the relatively strong performance of the Philippines in recent years (1990s) as well as the remaining reform agenda. The paper highlights that the Philippines has received considerable attention in recent years as it "emerged" in the early 1990s from a long period of slow growth and economic imbalances, and then managed to escape the "Asian crisis" relatively unscathed. The paper examines the public finances for the Philippines. It also analyzes the monetary sector, external sector, and the banking sector reforms.
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Volume/Issue: Volume 1999 Issue 092
Publication date: September 1999
ISBN: 9781451831221
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Topics covered in this book

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Business and Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , monetary policy , Philippines , exchange rate , poverty incidence , trade liberalization , Aquino government , thrift bank , agricultural land , per capita income , Commercial banks , Public sector , Foreign banks , East Asia , Global , Asia and Pacific

Summary

This Selected Issues paper analyzes the factors behind the relatively strong performance of the Philippines in recent years (1990s) as well as the remaining reform agenda. The paper highlights that the Philippines has received considerable attention in recent years as it “emerged” in the early 1990s from a long period of slow growth and economic imbalances, and then managed to escape the “Asian crisis” relatively unscathed. The paper examines the public finances for the Philippines. It also analyzes the monetary sector, external sector, and the banking sector reforms.