Philippines: Selected Issues

March 5, 2012

Preview Citation

Format: Chicago

Philippines: Selected Issues, (USA: International Monetary Fund, 2012) accessed September 18, 2024

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.

Subject: Central bank policy rate, Exports, Financial institutions, Financial services, International trade, National accounts, Personal income, Poverty, Poverty reduction, Treasury bills and bonds

Keywords: Asia and Pacific, Central bank policy rate, CR, Export, Export activity, Exports, FDI inflow, Global, ISCR, Lending, Lending condition, Personal income, Philippines, Policy rate, Poverty headcount ratio, Poverty reduction, Poverty reduction, Rate, Treasury bills and bonds

Publication Details

Pages:

30
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/050
Stock No:

1PHLEA2012002
ISBN:

9781463939748
ISSN:

1934-7685

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