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 undervaluation of the dome...
| Τόπος έκδοσης: | Philippine Review of Economics Vol. XLVIII, no. 1 (Jun. 2011), 1-12 |
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| Κύριος συγγραφέας: | |
| Μορφή: | Άρθρο |
| Γλώσσα: | English |
| Έκδοση: |
2011
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