An Assessment of Fiscal Policy in the Philippines, 1986-1988

Rosario G. Manasan

No WP 1990-06, Working Papers from Philippine Institute for Development Studies

Abstract: In response to the 1983-1985 economic crisis, the Philippine government has assigned a major role to fiscal policy given its contribution to the said disaster. This paper reviews the conduct of Philippine fiscal policy in 1986-1988. It examines how the policy actions undertaken fit into the policy pronouncements embodied in the Medium-Term Development Plan. It also investigates the variations in the broad fiscal aggregates and evaluates the thrust of fiscal policy in terms of its impact on aggregate demand.

Keywords: fiscal management; fiscal policy; fiscal sector (search for similar items in EconPapers)
Pages: 88
Date: 1990
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