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The resurgence of COVID-19 cases and reimposition of more stringent quarantine measures held back the early signs of an economic rebound. The downside risk of a resurgence of infection, identified in the PEU December 2020 edition, has unfortunately materialized. The number of daily cases...
Persistent link: https://www.econbiz.de/10012603714
The Philippines' economic growth outlook remains positive, yet downside risks have increased. An expected slowdown in … trade tensions, could not only worsen external financing conditions for emerging market economies like the Philippines but …
Persistent link: https://www.econbiz.de/10012645643
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The Philippine economy grew slower than expected at 3.7 percent in 2011, held back by weak public spending and external demand. In the fourth quarter (Q4), growth slightly improved at 3.7 percent. As in past quarters, growth was driven by remittance-fueled household consumption, which grew by...
Persistent link: https://www.econbiz.de/10012248037
over the past six months. It also presents findings from recent World Bank studies on the Philippines. It places them in a … Philippines. Its coverage ranges from the macro-economy and financial markets to indicators of human welfare and development. It … community of analysts and professionals engaged in the Philippines. Poverty reduction is expected to continue if the country is …
Persistent link: https://www.econbiz.de/10012644602
In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China … performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in …. The Philippines' annual exports rose sharply in 2017 and became the main engine of economic growth, while imports …
Persistent link: https://www.econbiz.de/10012645225
Philippine economic growth slowed to its lowest level in eight years, driven by a rapid deceleration in investment growth in the first half of 2019. GDP growth slowed from 6.3 percent year-on-year (yoy) in the first half of 2018 to 5.5 percent in thesame period in 2019, below government's growth...
Persistent link: https://www.econbiz.de/10012646565
The Philippine economy contracted by 10.0 percent, year-on-year, in the first three quarters of 2020, given the triple shock brought by the Coronavirus disease (COVID-19) pandemic. COVID-19 delivered a triple shock of a health crisis, strict containment measures, and a global recession of...
Persistent link: https://www.econbiz.de/10012647696
The Philippines economy posted robust growth in early 2010, in part due to large one-off factors. As did many countries … in the region, the Philippines benefited from a strong rebound in global trade. Manufacturing and investment activity … accommodative. A World Bank study of Philippines migration pattern during the global recession reveals that deployment of overseas …
Persistent link: https://www.econbiz.de/10012247380
in global trade and domestic consumption linked to sharp increases in consumer confidence. In the Philippines, growth was … turning point for the Philippines in the public finance area. The 2011 budget changes current dynamics in two critical areas …
Persistent link: https://www.econbiz.de/10012247381