Arbeitspapier

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.

Sprache
Englisch

Erschienen in
Series: PIDS Discussion Paper Series ; No. 1997-08

Klassifikation
Wirtschaft
Thema
economic recovery
nontrade financial inflows
quasi-fiscal cost
economic reform
personal income

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, 11:46 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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