LATEST PUBLICATIONS
PN 2019-09
Strengthening Institutional Links for Irrigation Water Governance
PN 2019-08
Evaluation of National Irrigation Systems in the Philippines
PIDS Book 2019-01
Harnessing the Fourth Industrial Revolution: Creating Our Future Today (Proceedings of the Fourth Annual Public Policy Conference 2018)
RPS 2019-03
Forest Protection in the Philippines: Policy Evolution and Sector Outcomes
Publication Detail
PN 1999-08: Credit Crunch! Credit Crunch! Credit Crunch?

Utilizing macro and micro data, this issue verifies the validity of the claim that there has been a credit crunch since the onset of Asian financial crisis. Results do not lend credence to the hypothesis. Instead, the observed slowdown in the credit market is a reflection of the economic downturn.

Philippine Institute for Development Studies
Authors Keywords
Lamberte, Mario B.; Asian financial crisis; financial market; money and banking; credit program; credit market; credit access;
Download PDF Number of Downloads
Published in 1999 and available in the PIDS Library or can be downloaded as full text Downloaded 1,010 times since November 25, 2011