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The Impact of the Gulf Crisis on the Philippine Economy


  • Lamberte, Mario B.
  • Yap, Josef T.


To analyze the impact of the Gulf Crisis on the Philippine economy, this paper describes the current state of the economy and the energy policy of the government. It documents and describes in detail the policy measures adopted by the government to deal with the impact of the Gulf Crisis. Utilizing the PIDS-NEDA Macroeconometric Model, simulations under different scenarios are performed to determine both the direct and indirect impact on macroeconomic variables. Recommendations on measures that deal with energy crisis are presented.

Suggested Citation

  • Lamberte, Mario B. & Yap, Josef T., 1991. "The Impact of the Gulf Crisis on the Philippine Economy," Working Papers WP 1991-03, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:wpaper:wp_1991-03

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    Cited by:

    1. Bird, Miriam. & Ernst, Christoph., 2009. "Offshoring and employment in the developing world : business process outsourcing in the Philippines," ILO Working Papers 994468753402676, International Labour Organization.
    2. Tolentino, V. Bruce J., 1994. "Intentions vs. Implementation of Philippine Economic Reforms Under Aquino Government, 1986-1992," Discussion Papers DP 1994-01, Philippine Institute for Development Studies.
    3. repec:ilo:ilowps:446875 is not listed on IDEAS

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    economic recovery; economic growth;


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