Philippine Macroeconomic Issues And Their Causes

Gerardo Sicat
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Gerardo Sicat: School of Economics, University of the Philippines Diliman

No 200605, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: This paper reviews some macroeconomic issues relating to the current Philippine economy. To provide a proper understanding of these issues, their link will be associated with their structural underpinnings. Persistent macroeconomic problems often require a policy adjustment. Inevitably, the assessment of the problems boils down to an understanding of what gets done, what gets delayed or what is not possible to do under the circumstances. A further device in presenting the issues is through a comparison with the experience of other East Asian and high growth countries, which includes some ASEAN countries.

Pages: 30 pages
Date: 2006-08
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Published as UPSE Discussion Paper No. 2006-05, August 2006

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