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A Period of Adjustment
The Monetary Dimensions of Recent Economic
Discipline in Adversity
3 other sections not shown
achieve adopted agricultural balance of payments Bank's capital market ceilings Central Bank co-financing commercial bank commercial paper country's debt service deposit developing countries dollar domestic credit domestic savings economic encourage energy ensure external debt financial institutions financial system foreign borrowings foreign currency foreign debt foreign exchange liabilities foreign exchange receipts funds government securities growth rate high interest rates implementation imports improve increase inflation rate infrastructure International Monetary Fund international reserve investment program investment projects Jumbo Loan lenders lending loans major Manila manufactured maturities ment million monetary policy non-traditional exports official development assistance open market operations overseas workers payments deficit percent of GNP peso Philippine external Philippine industry private sector production public and private public sector rediscount window reduce repurchase agreements reserve requirements resource gap result short-term structural adjustment program target tion trade universal banking World Bank world recession