Macroeconomic Adjustment in the Philippines, 1983-1985

Manuel F. Montes

No WP 1987-01, Working Papers from Philippine Institute for Development Studies

Abstract: 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.

Keywords: macroeconomic stabilization; macroeconomic adjustments (search for similar items in EconPapers)
Pages: 75
Date: 1987
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