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Philippines: Selected Issues

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  • International Monetary Fund

Abstract

This study discusses the Philippine output gap from three perspectives and evaluates the utility of the approaches for policymaking. Incentives in the Philippines appear broadly comparable with those in neighboring countries. The reform would also improve short- and especially medium-term revenue collection. The general tax provisions and investment incentives in seven east-Asian economies are compared. The analysis focuses on stocks of foreign assets and liabilities and adopts a cross-country perspective to help determine the Philippines’ position within a broader universe of emerging market economies.

Suggested Citation

  • International Monetary Fund, 2008. "Philippines: Selected Issues," IMF Staff Country Reports 2008/120, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/120
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