Skills Needs Anticipation (SNA): Workplace Skills and Satisfaction (WSS) Baseline Survey of Select Employers in the Construction Industry
Strengthening Multi-employer Bargaining: Policies and Practices (Phase II)
Non-Hazardous Activities for Children: The Case of Banana and Sugarcane Supply Chains
Strengthening Preparedness for Migrant Worker Reintegration: Thematic Analysis and Local Index Tool Development

PIDS WB 2021-0905
7th Mindanao Policy Research Forum
PIDS WB 2021-0905
Annual Public Policy Conference Webinar 4: Robust and Healthy Workforce and Closing Program
PIDS WB 2021-0904
Annual Public Policy Conference Webinar 3: Green And Inclusive Recovery
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
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 853 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. Thank you.

To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
If Prefer to self-describe, please specify:
Level of Education:
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.