Arbeitspapier

Exchange Rate Movements in the Philippines

Major exchange rate adjustments have been seriously resisted by various groups due to their association of its occurrence during periods of severe economic crisis. Hence, exchange rate policy has not been utilized as part of development strategy but as a reactionary tool during periods of economic crunch and instability. Analysis indicates aggressive implementation of coordinated monetary and fiscal policies to combat the adverse effects of inflows. Real exchange rate appreciation translates to a lower competitive advantage of industries previously enjoying head start.

Sprache
Englisch

Erschienen in
Series: PIDS Discussion Paper Series ; No. 1997-05

Klassifikation
Wirtschaft
Thema
macroeconomic policy
devaluation
real exchange rate
macroeconomic stabilization
foreign exchange liberalization

Ereignis
Geistige Schöpfung
(wer)
Cororaton, Caesar B.
Ereignis
Veröffentlichung
(wer)
Philippine Institute for Development Studies (PIDS)
(wo)
Makati City
(wann)
1997

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cororaton, Caesar B.
  • Philippine Institute for Development Studies (PIDS)

Entstanden

  • 1997

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