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Classifying the Economy into Traded or Nontraded Sectors

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  • Soriano, Ma. Cecilia G.

Abstract

Cast within the framework of small open economy that periodically faces balance of payments crises, the theoretical model developed in this study can be utilized to study the devaluation experiences of the Philippines. Such model provides not only a test for validity and relevance but also an indication of the costs of devaluation as a tool for achieving external balance.

Suggested Citation

  • Soriano, Ma. Cecilia G., 1990. "Classifying the Economy into Traded or Nontraded Sectors," Philippine Journal of Development JPD 1990 Vol. XVII No. 2-, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:pjdevt:jpd_1990_vol__xvii_no__2-d
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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/classifying-the-economy-into-traded-or-nontraded-sectors
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    References listed on IDEAS

    as
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    1. Haddad, Lawrence & Brown, Lynn R. & Richter, Andrea & Smith, Lisa, 1995. "The gender dimensions of economic adjustment policies: Potential interactions and evidence to date," World Development, Elsevier, vol. 23(6), pages 881-896, June.

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