An Analysis of the Philippine Economic Crisis: A Workshop Report, June 1984Emmanuel S. De Dios |
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Page 14
... inflation domestically than abroad . Ironic as it may sound , considering the hardships suffered by the people , the peso was then still overvalued in real terms 11 as a consequence of policies pursued by the government . Since the ...
... inflation domestically than abroad . Ironic as it may sound , considering the hardships suffered by the people , the peso was then still overvalued in real terms 11 as a consequence of policies pursued by the government . Since the ...
Page 31
... inflation during the 1970s . In contrast with more recent history , inflation was negligible during the 1950s , averaging less than one percent ( Table 4 , Line 12 ) despite the high growth rates of real output registered during the ...
... inflation during the 1970s . In contrast with more recent history , inflation was negligible during the 1950s , averaging less than one percent ( Table 4 , Line 12 ) despite the high growth rates of real output registered during the ...
Page 94
... inflation , 53-54 Floating rate see Foreign exchange Food industries , 74 Fookien Times Yearbook , cited , 28 Foreign - exchange , 17 ; controls , 10 , 17 ; allocation system , 17 , 18 , 80-81 ; exchange rate , 13-14 , 53 , 79 ...
... inflation , 53-54 Floating rate see Foreign exchange Food industries , 74 Fookien Times Yearbook , cited , 28 Foreign - exchange , 17 ; controls , 10 , 17 ; allocation system , 17 , 18 , 80-81 ; exchange rate , 13-14 , 53 , 79 ...
Contents
AN ANALYSIS OF THE ECONOMIC CRISIS | 30 |
AN ALTERNATIVE AGENDA FOR RECOVERY | 67 |
CONCLUDING REMARKS | 82 |
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agenda agriculture allocation analysis annual Asia authoritarianism average billion budget deficits CALIFORN capital outlays Central Bank changes commercial consumption country's Crop current account deficits debt-service decisions developing countries DIEGO domestic earnings effect employment exchange rate export external debt external shocks financing foreign borrowing foreign exchange foreign loans funds GFIs government deficits government expenditures government intervention government's growth rates Hence higher imports income distribution increase inflation infrastructure interest investment labor major Malaysia ment monetary growth money supply monopoly NASUTRA NATIONAL GOVERNMENT NEDA official output payments percent period peso PHILEX PHILIPPINE ECONOMIC CRISIS Philippine National Railways picul policies political banks poverty threshold private sector privileges productivity projects ratio reduce regime result revenues share South Korea spot prices Statistical sugar producers sugar trade Table tariff taxes Thailand tion total external debt trend UNIVERS wage workers