Philippines : Selected Issues

Publication Date: March 05, 2012
Electronic Access: Free Full text (PDF file size is 820KB).
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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(s): Commodity prices | Economic growth | Interest rates | Selected issues | Spillovers

Publication Date: March 05, 2012
ISBN/ISSN: 9781463939748/1934-7685 Format: Paper
Stock No: 1PHLEA2012002 Pages: 30
US$18.00 (Academic Rate:
US$18.00 )
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