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Since 2002, spreads on emerging market sovereign debt have fallen to historical lows. Given the close links between sovereign spreads, capital flows to emerging markets, and economic growth, understanding the factors driving these spreads is very important. We address this issue in two stages....
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The Philippines demonstrated significant economic growth--and is still gaining momentum--in recent years. This was …. With the strong economy that the Philippines has been experiencing and a new industrial policy being implemented, attaining …
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During the past five years or so, most East Asian economies including the Philippines experienced a rising level of … prior to the 1997 crisis. Another reason is the rise in current account surpluses. The Philippines has experienced both a … several economies including the Philippines. Policy measures at the domestic level can focus on reviving private investment …
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