The Philippine Economy: Stray Cat of East Asia?: Finance, Adjustment and Structure 1996 Edition Contributor(s): Vos, Rob (Author), Yap, Josef T. (Author) |
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ISBN: 0333658493 ISBN-13: 9780333658499 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Hardcover Published: April 1996 |
Additional Information |
BISAC Categories: - Business & Economics | Economics - Macroeconomics - Business & Economics | Development - Economic Development - Business & Economics | Money & Monetary Policy |
Dewey: 330 |
Series: Finance, Adjustment and Structure |
Physical Information: 0.75" H x 5.5" W x 8.5" (1.05 lbs) 239 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |