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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 article is an empirical analysis on tax collections in the Philippines. The tax system is characterized by a rule … source of income for the Philippines is the labor export. This large-scale labor emigration fetches a sufficient amount of …
Persistent link: https://www.econbiz.de/10011245832
opportunities within the Philippines. …
Persistent link: https://www.econbiz.de/10011243326
The Philippines’ macroeconomic fundamentals have improved considerably during the past decade. However, new macrofinancial challenges are emerging. The economy is continuing to adjust to the large persistent inflows from abroad. Transmission of domestic policy interest rates has been...
Persistent link: https://www.econbiz.de/10011243342
Persistent link: https://www.econbiz.de/10011244052
This paper examines the Philippines’s 2004 Article IV Consultation and Post-Program Monitoring Discussions. GDP growth … the Philippines economy is clouded by the uncertain external environment. The rapid growth in 2004 is unlikely to be …
Persistent link: https://www.econbiz.de/10014406088
This report reviews the Financial Sector Assessment Program of the Philippines on International Organization of … International Monetary Fund and the World Bank as part of the Financial Sector Assessment Program for the Philippines. It assesses …
Persistent link: https://www.econbiz.de/10014406099
This paper reviews the Financial System Stability Assessment Update on the Philippines. The assessment reveals that the …
Persistent link: https://www.econbiz.de/10014403447
The Technical Assistance Report on the Philippines’ road map for a pro-growth and equitable tax system is examined. Tax … revenue has declined over the last decade in the Philippines owing to generous and expanding tax incentives, tariff rate … excise revenue owing to nonindexation. One of the key reasons for providing tax incentives in the Philippines is concern that …
Persistent link: https://www.econbiz.de/10014396914