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A firm theoretical basis for the empirical relationship between dependency rates and savings behavior in developing countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem are presented here. It is shown that the...
Persistent link: https://www.econbiz.de/10014395881
The BSP's regulatory framework is broadly effective for the size and complexity of the Philippine banking system, but legislative gaps continue to hinder effective supervision of banks. The BSP has a well-resourced, experienced and highly committed staffing complement, but there is an ongoing...
Persistent link: https://www.econbiz.de/10012647639
This note summarizes the conclusions of the review of the insurance sector in the Philippines as part of the Financial … insurance sector in the Philippines with respect to: a) the potential exposure of the sector to vulnerabilities, either … long term growth and development of the economy and the well-being of the Philippines people; and c) the relationship …
Persistent link: https://www.econbiz.de/10012560017
This paper estimates potential growth in the Philippines using different methodologies, and discusses growth prospects …. Further work could extend the FPAS model for the Philippines in a number of directions …
Persistent link: https://www.econbiz.de/10014402338
After the global financial crisis, economic growth of the Philippines has increased. However, renewed shocks to global …
Persistent link: https://www.econbiz.de/10014402415
This paper reviews the Financial System Stability Assessment Update on the Philippines. The assessment reveals that the …
Persistent link: https://www.econbiz.de/10014403447
is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers have …
Persistent link: https://www.econbiz.de/10014404930
The staff report for the 2005 Article IV Consultation on the Philippines highlights managing short-term vulnerabilities …
Persistent link: https://www.econbiz.de/10014404944
This 2009 Article IV Consultation highlights that following the adverse impact from the global economic and financial crisis, there are signs of a nascent recovery of the Philippine economy. Growth is expected at 3⁄4 percent in 2009 and to recover to about 31⁄4 percent in 2010. The recovery...
Persistent link: https://www.econbiz.de/10014406618
The staff report for the Philippines’ 2008 Article IV Consultation is focused on economic developments and policies. A …
Persistent link: https://www.econbiz.de/10014406729