Philippines Toward Sustainable and Rapid Growth

This Occasional Paper discusses the policies behind the favorable economic performance of the Philippines during the 1990s, when it emerged from a long period of slow growth and economic imbalances and managed to escape the "Asian crisis" relatively unscathed. The Philippines recent experi...

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Bibliographic Details
Main Author: Rodlauer, Markus
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2000
Series:Occasional Papers
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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520 |a This Occasional Paper discusses the policies behind the favorable economic performance of the Philippines during the 1990s, when it emerged from a long period of slow growth and economic imbalances and managed to escape the "Asian crisis" relatively unscathed. The Philippines recent experience suggests valuable lessons for emerging economies' efforts at crisis prevention and management, as well as for the country's own policy choices. This paper describes this experience, focusing on the elements behind the relatively strong performance as well as the remaining reform agenda