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Philippines: Toward Sustainable and Rapid Growth

Author

Listed:
  • Mr. Markus Rodlauer

Abstract

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

  • Mr. Markus Rodlauer, 2000. "Philippines: Toward Sustainable and Rapid Growth," IMF Occasional Papers 2000/006, International Monetary Fund.
    • Handle: RePEc:imf:imfops:2000/006
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3442
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    Citations

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    Cited by:

    1. Ms. Catherine A Pattillo & Mr. Stephen A. O'Connell & Mr. Christopher S Adam & Mr. Edward F Buffie, 2004. "Exchange Rate Policy and the Management of Official and Private Capital Flows in Africa," IMF Working Papers 2004/216, International Monetary Fund.
    2. Buffie, Edward & Adam, Christopher & O'Connell, Stephen & Pattillo, Catherine, 2008. "Riding the wave: Monetary responses to aid surges in low-income countries," European Economic Review, Elsevier, vol. 52(8), pages 1378-1395, November.
    3. Ms. Piyabha Kongsamut, 2001. "Philippines: Preparations for Inflation Targeting," IMF Working Papers 2001/099, International Monetary Fund.
    4. Stephen J. Sills, 2007. "Philippine labour migration to Taiwan: Social, political, demographic, and economic dimensions," Migration Letters, Migration Letters, vol. 4(1), pages 1-14, April.
    5. Mr. Takuji Komatsuzaki, 2016. "Improving Public Infrastructure in the Philippines," IMF Working Papers 2016/039, International Monetary Fund.
    6. Mr. R. Brooks, 2002. "Why is Unemployment High in the Philippines?," IMF Working Papers 2002/023, International Monetary Fund.
    7. Masanaga Kumakura, 2005. "Is the Yen/Dollar Exchange Rate Really Responsible for East Asia's Export and Business Cycles? A Commentary on," The World Economy, Wiley Blackwell, vol. 28(10), pages 1509-1537, October.

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