LATEST PUBLICATIONS
NEDA6 RDR 2019
Western Visayas Regional Development Report 2019
NEDA6 RDR 2020
Western Visayas Regional Development Report 2020
PN 2022-02
How Can DSWD's Social Pension Program for Indigent Senior Citizens be Improved?
RPS 2022-01
How Does the Philippines Fare in Meeting the ASEAN Economic Community Vision 2025?

LATEST AV MATERIALS
PIDS WB 2021-1201
Analyzing the President's Budget for 2022
GIZ-FFS-2020-01
WASHaLOT 3.0: Production Process
GIZ-FFS-2021-03
WASHaLOT 3.0 Mass Production
GIZ-FFS-2021-02
Minimum Requirement Guidelines on WASH in Schools
Publication Detail
DP 1997-08: Nontrade Financial Inflows to the Philippines: Recent Trends and Policy Responses

While the Philippines has enjoyed a sharp increase in non-trade financial inflows since 1980s, analysis shows that the experience is not unique, as it has been observed to occur in most developing countries. By conducting regression experiments relating the remittances of personal income with its probable determinants, the study is able to provide a number of policy insights useful as inputs in future policy formulation. Analysis of the impact of inflows on the sequencing of economic reform indicates that financial sector reform has been more aggressive relative to the real sector reform. Unless the latter keeps pace with the former, policy responses to the surge in foreign exchange inflows may not moderate its adverse effects to the general economy.

Philippine Institute for Development Studies
Authors Keywords
Cororaton, Caesar B.; economic recovery; nontrade financial inflows; quasi-fiscal cost; economic reform; personal income;
Download PDF Number of Downloads
Published in 1997 and available in the PIDS library or Downloaded 875 times since November 25, 2011
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. You will answer the profile questions only once as long as you enter the same email address. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display; please use the same email address when downloading another publication so that the profile questions will not appear)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.