The Ramos administration has inherited an economy that is in a state of recession. Despite this discouraging condition, this paper argues that this need not dishearten policymakers. Instead, they should take advantage of the stabilized Philippine macroeconomic conditions. The best way to do this...

As part of the assessment of the Aquino Administration, this paper investigates the Philippine management on external debt. The insights offered here is valuable to future steps the present and succeeding government might wish to undertake.

To analyze the impact of the Gulf Crisis on the Philippine economy, this paper describes the current state of the economy and the energy policy of the government. It documents and describes in detail the policy measures adopted by the government to deal with the impact of the Gulf Crisis....

Devaluation in the presence of an external debt will generally lead to a fall in real output and a rise in prices. Central to this paper is the model that has allowed the author to arrive to the above conclusion.

Plagued by political instability, energy crisis and natural disasters, this paper attempts to forecast economic performance in the next two years. Against the backdrop of 1990 economic trends, prospects for the next two years and crucial development during the period are presented.

Utilizing qualitative analysis of three measures of operating efficiency, this study attempts to relate the Central Bank’s policies with the behavior of the money market. Results indicate that prior to 1981, the financial market is relatively stable but less efficient. Afterwards, the...

This paper attempts to shed light on the major Off-Balance Sheet activities of commercial banks in the Philippines. Due to data limitations, the paper focuses on the trust and funds management accounts, which have grown rapidly in recent years. The implications of the fiduciary facilities on...

Based on the results of the simulations suggested by the PIDS-NEDA Philippine Annual Macroeconometric Model, this report analyzes the impact of the external sector and of some economic policies on the Philippine economy. It also describes how the simulations are carried out, what adjustments and...

How much support is the Philippine government giving to its export sector by means of its financing schemes? Are the small and indirect exporters given preference or assistance? How supportive is the entire export financing system in the country to the attainment of an export-driven development...

In an attempt to provide sound analysis of how the current administration fared, this paper discusses not only the recent performance of the Philippines but its prospects for the next two years as well. It also analyzes the economic policies undertaken in recent years and examines some...