Year: 1996
Type: report
Abstract: Analysis of pertinent data shows that Krugman’s warning about the serious repercussions of a number of disinflation methods is relevant for the Philippine case. While financial managers have correctly responded during the crisis years, policy responses during the recovery phases from 1986-1995 have been myopic. Analysis also indicates that prevention of real effective exchange rate given volatile capital flows requires interest targeting from the Central Bank._x000D_ _x000D_
DOI: 10.62986/dp1996.11
Author: Josef Yap
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1513980963