Philippines – Preserving economic stability, financing development and anticipating climate issues

Benoît Jonveaux

Working Paper from Agence française de développement

Abstract: Referred to as the “sick man of Asia” during the last third of the 20th century, the Philippines has recorded dynamic economic growth since the mid-2000s and is beginning to catch up with the more advanced economies of ASEAN (Association of Southeast Asian Nations). This catching-up has come about through macroeconomic stability, combining fiscal discipline external accounts consolidation, and financial system strengthening. To preserve the Philippine economic model, it is essential to maintain this stability, in particular to limit financing requirements and bolster investor and consumer confidence.

Keywords: Philippines (search for similar items in EconPapers)
JEL-codes: E (search for similar items in EconPapers)
Pages: 16
Date: 2024-02-15
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Macrodev

Downloads: (external link)
https://www.afd.fr/sites/afd/files/2024-02-10-18-1 ... es_V2_EN_PaP_Web.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:avg:wpaper:en16447

Access Statistics for this paper

More papers in Working Paper from Agence française de développement Contact information at EDIRC.
Bibliographic data for series maintained by AFD ().