Philippines : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

March 5, 2012

Electronic Access:

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Summary:

This Selected Issues paper reports that the Philippines is influenced by global developments through both trade and financial channels. Weaker global growth hurts demand for Philippine exports, which in turn affects consumption and investment. The financial system has only limited exposure to Europe and little reliance on foreign wholesale funding, but contagion could still occur through pullbacks of credit by European banks to the domestic corporate sector or a retreat by foreign investors from local equity and bond markets.

Series:

Country Report No. 12/50

Subject:

English

Publication Date:

March 5, 2012

ISBN/ISSN:

9781463939748/1934-7685

Stock No:

1PHLEA2012002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

30

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