The Philippine Economy: Stray Cat of East Asia?: Finance, Adjustment and Structure (Hardcover) (ISBN-13: 9780333658499)

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.

Author: Rob Vos,Josef T. Yap
ISBN-10: 0333658493
ISBN-13: 9780333658499
Publisher: Palgrave MacMillan
Language: English
Published: 04/17/1996
Pages: 239
Format: Hardcover
Weight: 1.05lbs
Size: 8.50h x 5.50w x 0.75d