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Philippines; Toward Sustainable and Rapid Growth


  • Markus Rodlauer


This Occasional Paper discusses the policies behind the favorable economic performance of the Philippines during the 1990s, when it emerged from a long period of slow growth and economic imbalances and managed to escape the "Asian crisis" relatively unscathed. The Philippines recent experience suggests valuable lessons for emerging economies' efforts at crisis prevention and management, as well as for the country's own policy choices. This paper describes this experience, focusing on the elements behind the relatively strong performance as well as the remaining reform agenda.

Suggested Citation

  • Markus Rodlauer, 2000. "Philippines; Toward Sustainable and Rapid Growth," IMF Occasional Papers 187, International Monetary Fund.
  • Handle: RePEc:imf:imfocp:187

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    References listed on IDEAS

    1. Reinhart, Carmen & Khan, Mohsin, 1995. "Capital Flows in the APEC Region," MPRA Paper 8200, University Library of Munich, Germany.
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    Cited by:

    1. World Bank, 2000. "Philippines - Growth with Equity : The Remaining Agenda - A World Bank Social and Structural Review," World Bank Other Operational Studies 15142, The World Bank.
    2. Ray Brooks, 2002. "Why is Unemployment High in the Philippines?," IMF Working Papers 02/23, International Monetary Fund.
    3. Piyabha Kongsamut, 2001. "Philippines; Preparations for Inflation Targeting," IMF Working Papers 01/99, International Monetary Fund.

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