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Philippines: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper highlights the Philippine growth performance led by the services sector. Average GDP growth is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers have experienced substantially lower growth in the post-Asian crisis period compared with the pre-crisis period. Trade and transport, storage, and communications services have been growth drivers while private and financial services have started to add new momentum. Various transfer programs are identified that would be much better targeted than across-the-board energy tax cuts.

Suggested Citation

  • International Monetary Fund, 2007. "Philippines: Selected Issues," IMF Staff Country Reports 2007/131, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/131
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20614
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    References listed on IDEAS

    as
    1. Lamberte, Mario B., 1999. "A Second Look at Credit Crunch: The Philippine Case," Discussion Papers DP 1999-23, Philippine Institute for Development Studies.
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