Philippines : 2013 Article IV consultation.

Philippines : 2013 Article IV consultation.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2013.
Description:1 online resource (74 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 13/102
IMF country report ; no. 13/102.
Subject:
International Monetary Fund -- Philippines.
International Monetary Fund.
Economic development -- Philippines.
Monetary policy -- Philippines.
Fiscal policy -- Philippines.
Economic indicators -- Philippines.
Economic development.
Economic indicators.
Fiscal policy.
Monetary policy.
Philippines.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12501815
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:1484324250
9781484324257
ISSN:2227-8907
Notes:Title from PDF title page (IMF Web site, viewed Apr. 22, 2013).
"April 2013."
"March 5, 2013"--Page 2 of pdf.
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.
Standard no.:10.5089/9781484324257.002
Table of Contents:
  • Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS, OUTLOOK AND RISKS; EXTERNAL SECTOR ASSESSMENT: ACCOMMODATING ONGOING STRUCTURAL TRANSFORMATION; POLICIES FOR STABILITY AND INCLUSIVE GROWTH; A. Monetary and Exchange Rate Policy; B. Financial Sector Policies; C. Fiscal Policy; D. Structural Policies to Sustain Growth and Boost Inclusiveness; STAFF APPRAISAL; BOXES; 1. Declining Import Intensity of Growth; 2. Growing Nonbank Financial Intermediation; 3. Foreign Exchange Management in the Philippines: The Role of Remittances and Capital Flows; 4. Structure of Interest Rates.
  • 5. Sterilization Practices-A Cross-Country Perspective6. Public Investment and Public-Private Partnerships (PPPs); 7. GDP Versus GNI: What Difference Does It Make?; 8. Improved Public Debt Profile; FIGURES; 1. Macroeconomic Developments; 2. Banking Sector; 3. Financial Markets; 4. Real Sector; 5. Cross-Country Comparisons; TABLES; 1. Selected Economic Indicators, 2009-14; 2. National Government Cash Accounts, 2008-14 (In billions of pesos); 3. National Government Cash Accounts, 2008-14 (In percent of GDP); 4. General Government Operations, 2008-13; 5. Depository Corporation Survey, 2008-12.
  • 6. Balance of Payments, 2009-147. Baseline Medium-Term Outlook, 2009-17; 8. Banking Sector Indicators, 2008-12; 9. Indicators of External Vulnerability, 2007-12; APPENDICES; I. Risk Assessment Matrix; II. External Sector Developments and Assessment; III. Debt Sustainability Analysis; IV. Staff Policy Advice from the 2010 and 2011 Article IV Consultations; CONTENTS; FUND RELATIONS; IMF-WORLD BANK COLLABORATION; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUES.

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