The peso appreciation and the sustainability of Philippine growth need we worry?
The rapid appreciation of the Philippine peso and the resulting loss of competitiveness militate against long-term "balanced and sustainable growth". A review of history shows that fighting inflation with appreciation of currency "seeds" a financial storm. In contrast, the underv...
Published in: | The Philippine Review of Economics Vol. 48, no. 1 (June 2011), p. 1-12. |
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Main Author: | |
Format: | Analytics |
Language: | English |
Published: |
[Quezon City]
School of Economics, University of the Philippines
2011.
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Subjects: | |
Online Access: | https://forms.gle/KZjBv7aRtY6jiL5E9 |