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The Philippine Economy: East Asia's Stray Cat

The Philippine Economy: East Asia's Stray Cat

by Rob Vos, Josef T. Yap

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Analyzes the structural causes of macroeconomic instability, which has plagued the Philippines for the last 25 years. Argues that the segmented and oligopolistic financial and commodity markets, large income inequalities, and diverging savings and investment behavior of public and private sector agents are the structural and institutional features underlying the persistent macroeconomic imbalances. Applies quantitative techniques such as Macroeconomic Social Accounting Framework and Computable General Equilibrium modeling. The title page and spine credit the "Institute of Social Studies." Annotation c. by Book News, Inc., Portland, Or.

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Palgrave Macmillan
Publication date:
International Finance and Development Ser.

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