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PN 1998-02: Economic Reform and Macroeconomic Stability: A Delicate Balance

The Philippines has escaped the worst of the Asian crisis. It is now the authority’s task to ensure that reforms are not overdone with trade-offs.Policymakers should therefore help minimize its adverse impacts on policy via creation of relevant institutions and establishment of regulatory frameworks.

Philippine Institute for Development Studies
Authors Keywords
Yap, Josef T.; Asian financial crisis; trade liberalization; financial liberalization; economic reform; macroeconomic stabilization;
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Published in 1998 and available in the PIDS Library or can be downloaded as full text Downloaded 865 times since November 25, 2011