Cover Image
Read Now

Philippines Recent Economic Developments

This paper reviews economic developments in the Philippines during 1990–95. By 1994, all the elements for a strong recovery had finally fallen into place. Gross National Product (GNP) growth accelerated to 5 percent, fueled by a strong performance of investment and export-oriented manufacturing. Bas...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Civil Service & Public Sector
Exports And Imports
International Lending And Debt Problems
Finance, Public
Mortgages
Depository Institutions
Public Finance & Taxation
International Trade Organizations
Expenditure
Public Finance
Economic Sectors
National Government Expenditures And Related Policies: General
Banking
International Trade
Trade Policy
Tariffs
Taxation
Public Sector
Trade: General
Public-private Enterprises
International Economics
Debts, External
Banks And Banking
External Debt
Taxes
Expenditures, Public
Macroeconomics
Public Enterprises
Tariff
Imports
Banks
Micro Finance Institutions
Philippines
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews economic developments in the Philippines during 1990–95. By 1994, all the elements for a strong recovery had finally fallen into place. Gross National Product (GNP) growth accelerated to 5 percent, fueled by a strong performance of investment and export-oriented manufacturing. Based on this favorable composition of growth, and a near 50 percent increase in remittances, the balance of payments improved. In stark contrast to the earlier recovery, the current account deficit narrowed by 1 percentage point to 4½ percent of GNP.
Physical Description:90 pages
ISBN:9781451831191

Similar Items