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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Philippine Economy: Stray Cat of East Asia?: Finance, Adjustment and Structure

The Philippine Economy: Stray Cat of East Asia?: Finance, Adjustment and Structure

Yap, Josef T.
Vos, Rob

Hardcover

Series: International Finance and Development

EconomicsInvesting & Finance

ISBN10: 0333658493
ISBN13: 9780333658499
Publisher: Palgrave MacMillan
Published: Apr 17 1996
Pages: 239
Weight: 1.05
Height: 0.75 Width: 5.50 Depth: 8.50
Language: English
The central argument of this study is that the segmented and oligopolistic financial and commodity markets, large income inequalities, and diverging accumulation behaviour of public and private sector agents are the structural and institutional features underlying the persistent macroeconomic imbalances. These factors also explain why, despite the similarity in initial economic structure and economic policies, the Philippines was systematically outperformed by many of its East Asian neighbours. Several quantitative techniques are applied including a Macroeconomic Social Accounting Framework and Computable General Equilibrium modelling. This provides an integrated and robust framework for policy analysis that is absent in other studies.

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