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Stabilization Policies and Structural Reforms: The Philippine Case

In: Economic Adjustment and Growth Theory and Practice

Author

Listed:
  • Delano S Villanueva
  • Roberto S Mariano
  • Diwa C Guinigundo
  • Abbas Mirakhor

Abstract

The following sections are included:IntroductionStructural Reforms in the Philippines and the Role of the IMFProtectionism in the 1950s to 1980sLiberalization in the 1990s to Present: The Role of the IMFThe Impact of Reforms on the Philippine EconomySolid Macroeconomic FundamentalsAutomatic StabilizerCredit Rating UpgradesThe Pandemic and Policy LessonsManaging Elevated Level of External DebtMaintaining Monetary and Fiscal SpacesAdopting Investment-Led Growth StrategyConclusionReferences

Suggested Citation

  • Delano S Villanueva & Roberto S Mariano & Diwa C Guinigundo & Abbas Mirakhor, 2023. "Stabilization Policies and Structural Reforms: The Philippine Case," World Scientific Book Chapters, in: Economic Adjustment and Growth Theory and Practice, chapter 12, pages 289-324, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811258787_0012
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    More about this item

    Keywords

    Adjustment and Growth; Testing Growth Models; Labor Participation; Human and Intellectual Capital; Finance and Growth; Adaptive Inflationary Expectations; Learning by Doing; Optimal Saving; Sustainable Foreign Debt; Stabilization and Structural Policies; Emerging Economy Case Study;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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