Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund.
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| ISBN: | 1484324250
9781484324257
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| ISSN: | 2227-8907
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| Notes: | Title from PDF title page (IMF Web site, viewed Apr. 22, 2013).
"April 2013."
"March 5, 2013"--Page 2 of pdf.
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| Summary: | The Philippines' macroeconomic fundamentals have improved considerably during the past decade. However, new macrofinancial challenges are emerging. The economy is continuing to adjust to the large persistent inflows from abroad. Transmission of domestic policy interest rates has been weakened by low interest rates abroad and ample domestic liquidity. The continued focus on mobilizing fiscal revenue will help support sustained and inclusive growth, while strengthening resilience to shocks. Improvements in the investment climate would make growth more persistent and support domestic job creation.
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| Standard no.: | 10.5089/9781484324257.002
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