LATEST PUBLICATIONS
DP 2019-11
Towards Inclusive Social Protection Program Coverage in the Philippines: Examining Gender Disparities
DP 2019-10
The Philippines' Voluntary National Review on the Sustainable Development Goals
PN 2019-11
Effects of TRAIN Fuel Excise Taxes on Goods and Prices
PN 2019-10
Impacts of TRAIN Fuel Excise Taxes on Employment and Poverty
Publication Detail
DP 1996-11: 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.

Philippine Institute for Development Studies
Authors Keywords
Yap, Josef T.; economic recovery; inflation; economic growth;
Download PDF Number of Downloads
Published in 1996 and available in the PIDS library or can be downloaded as full text Downloaded 1,986 times since November 25, 2011