Philippine Standard time

Inflation and Economic Growth in the Philippines


Analysis of pertinent data shows that Krugman’s warning about the serious repercussions of a number of disinflation methods is relevant for the Philippine case. While financial managers have correctly responded during the crisis years, policy responses during the recovery phases from 1986-1995 have been myopic. Analysis also indicates that prevention of real effective exchange rate given volatile capital flows requires interest targeting from the Central Bank.

Citations

This publication has been cited time(s).

  1. Hossain, Akhand Akhtar, 2015 "The evolution of central banking and monetary policy in the Asia-Pacific" , Edward Elgar Publishing, number

  2. Bayangos, Veronica and Karel Jansen, 2010 "The macroeconomics of remittances in the Philippines" , Banco de la Republica de Colombia

  3. Valera, Harold Glenn A., Mark J. Holmes, and Gazi M. Hassan, 2017 "How credible is inflation targeting in Asia? A quantile unit root perspective" , Elsevier

  4. Bayangos, V.B. and K. Jansen, 2009 "The macroeconomics of remittances in the Philippines" , International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague

  5. Bayangos, Veronica and Karel Jansen, 2010 "The macroeconomics of remittances in the Philippines" , Banco de la República - ESPE



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