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Exchange Controls and Related Development Policies
Renewed Economic Expansion and New Balanceof
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50 per cent activities actual added addition agricultural annual authorities average capital cent Central Bank Chapter coconut commodities consumption continued cost December declined decontrol deposits dollar domestic duties early Economic effect efforts equipment essential consumer essential producer established estimates example exchange controls exchange rate exemptions exports firms foreign exchange further gross growth growth rate import substitution incentives included increase indicated industries International investment June letters of credit liberalization loans major manufacturing margin measures ment million monetary necessary nonessential consumer official output payments percentage period permitted peso Phase Philippines policies ports protection raised ratio raw materials reduced relative reported requirement reserve result rise rose sector semiessential share significant SOURCE South Korea Statistical supply Table tariff tion trade traditional transactions United University various wholesale price