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
SP 1983-05: Response to Balance of Payments Crises in the 1970s: Korea and the Philippines

The study investigates the balance of payments experience of the Philippines and Korea in the periods following the two oil price shocks in 1974 and 1980 and examines the policy responses to the BOP crises by the two countries. It also looks into the factors that brought about the crisis and its resulting impact on the two countries. Such analysis provides an indication of general prospects for both Korea and the Philippines in the near future.

Philippine Institute for Development Studies
Authors Keywords
Power, John; money and banking; monetary policy; balance of payments;
Download PDF Number of Downloads
Published in 1983 and available in the Philippines or can be downloaded as full text Downloaded 644 times since November 25, 2011