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...

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Bibliographic Details
Published in:The Philippine Review of Economics Vol. 48, no. 1 (June 2011), p. 1-12.
Main Author: Fabella, Raul V. (Author)
Resource Type: Analytics
Language:English
Published: [Quezon City] School of Economics, University of the Philippines 2011.
Subjects:
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