This paper investigates the most recent Philippine balance of payments crisis that has started in October 1983. A lengthy discussion is made on the main macroeconometric features of the economy with a follow-up account on the adjustment programs implemented from 1983-1985. An assessment of the program is provided in some detail and policy alternatives to the actual program are suggested.
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In other Publications
- Cole, David. 1988. Financial development In Asia. Asian-Pacific Economic Literature, 2, No. 2, 26-47 . Asia Pacific School of Economics and Government, The Australian National University.
