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Philippine Macroeconomic Policies Affecting Households


  • Diokno, Benjamin E.


Due to prolonged recession in developed countries and the rise in interest rates, the Philippine government has embarked on a series of stabilization and structural programs to stem the alarming rate of the country’s indebtedness. This study presents the key macroeconomic policies adopted in recent years and these affect individual households. It also discusses the mechanisms by which monetary and fiscal adjustments affect the labor market, the goods market and the government expenditures including the provision of public goods. Areas for future research are highlighted.

Suggested Citation

  • Diokno, Benjamin E., 1992. "Philippine Macroeconomic Policies Affecting Households," Working Papers WP 1992-17, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:wpaper:wp_1992-17

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    References listed on IDEAS

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    5. Yap, Josef T., 1991. "The Philippines: Recent Performance, Prospects for 1991-1992, Policy and Development Issues," Working Papers WP 1991-01, Philippine Institute for Development Studies.
    6. Sanchez-Robielos, Maria Teresa & Reyes, Edna A., 1989. "Employment, Productivity and Wages in the Philippine Labor market: An Analysis of Trends and Policies," Working Papers WP 1989-03, Philippine Institute for Development Studies.
    7. Herrin, Alejandro N., 1990. "An Assessment of Population, Health and Education Policies in the Philippines, 1986-1988," Working Papers WP 1990-10, Philippine Institute for Development Studies.
    8. Lamberte, Mario B. & Orbeta, Aniceto Jr. C. & Lapar, Maria Lucila A., 1991. "Micro Impacts of Macroeconomic Adjustment Policies (MIMAP): A Framework Paper and review of Literature," Working Papers WP 1991-02, Philippine Institute for Development Studies.
    9. Sahn, David E & Sarris, Alexander H, 1991. "Structural Adjustment and the Welfare of Rural Smallholders: A Comparative Analysis from Sub-Saharan Africa," The World Bank Economic Review, World Bank, vol. 5(2), pages 259-289, May.
    10. Medalla, Erlinda M. & Alburo, Florian & Pante, Filologo Jr., 1989. "Philippine Trade Policy Options," Working Papers WP 1989-09, Philippine Institute for Development Studies.
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