Exchange Rate Policy and Monetary Strategy Options in the Philippines : the Search for Stability and Sustainability /

This paper evaluates the Philippines' experience with different exchange regimes since 1970. It argues that the shift to a flexible regime was crucial to restoring external viability and generating an export-led economic take-off, but that mixed performance in meeting money targets and asymmetr...

Full description

Saved in:
Bibliographic Details
Main Author: Houben, Aerdt G. F. J
Corporate Author: International Monetary Fund
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997
Washington, D.C. : 1997
Series:IMF Policy Discussion Papers ; Papers on Policy Analysis and Assessment No. 97/4
IMF Policy Discussion Papers ; Papers on Policy Analysis and Assessment no. 97/4
IMF eLibrary
Subjects:
Tags: Add Tag
No Tags, Be the first to tag this record!
LEADER 06218nam a22015014a 4500
001 b20af8fb-01ae-49e0-872b-a6349a2f89fe
005 20240324000000.0
008 020129s1997 dcu o i00 0 eng
019 |a 1058550384  |a 1077378403 
020 |a 1451973349  |q (Trade Paper) 
020 |a 1451973349:  |c 10.00 USD 
020 |a 1455236594 
020 |a 9781451973341 
020 |a 9781455236596 
020 |z 9781451973341 
022 |a 1934-7456 
024 8 |a 10.5089/9781451973341.003 
024 8 |a 10.5089/9781455236596.003 
035 |a (IMF)IMFEPPIEA0041997 
035 |a (OCoLC)1060927496  |z (OCoLC)1058550384  |z (OCoLC)1077378403 
035 |a (PU)6797614-penndb-Voyager 
035 9 |a (OCLCCM-CC)1060927496 
037 |b 00013468 
040 |a CEF  |b eng  |c CEF  |d OCLCO  |d AU@  |d VT2  |d OCLCQ 
040 |a DcWaIMF  |b eng 
049 |a MAIN 
100 1 |a Houben, Aerdt G. F. J 
245 1 0 |a Exchange Rate Policy and Monetary Strategy Options in the Philippines :  |b the Search for Stability and Sustainability /  |c Houben, Aerdt G.F.J 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997 
300 |a 1 online resource (36 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |2 rdaft 
490 1 |a IMF Policy Discussion Papers ;  |v Papers on Policy Analysis and Assessment No. 97/4 
500 |a Available in PDF, ePUB, and Mobi formats on the Internet 
506 |a Restricted for use by site license 
520 3 |a This paper evaluates the Philippines' experience with different exchange regimes since 1970. It argues that the shift to a flexible regime was crucial to restoring external viability and generating an export-led economic take-off, but that mixed performance in meeting money targets and asymmetric policy reactions to exchange rate pressures have resulted in an uneven inflation performance. Since adoption of a firm nominal anchor for monetary policy would contribute to a more effective control of inflation and thereby to better prospects for sustained growth, the merits of three monetary strategy options are reviewed: stricter adherence to a money supply rule, adoption of an exchange rate peg, and a switch to direct inflation targeting 
546 |a English 
588 |a Description based on print version record 
650 4 |a Annual inflation 
650 4 |a Average inflation 
650 4 |a Bilateral exchange rate 
650 4 |a Control of inflation 
650 4 |a Currency depreciation 
650 4 |a Dollar exchange rate 
650 4 |a Effective exchange rate 
650 4 |a Effective exchange rates 
650 4 |a Effects of inflation 
650 4 |a Exchange earnings 
650 4 |a Exchange purchases 
650 4 |a Exchange rate adjustments 
650 4 |a Exchange rate anchor 
650 4 |a Exchange rate anchors 
650 4 |a Exchange rate appreciation 
650 4 |a Exchange rate changes 
650 4 |a Exchange rate commitment 
650 4 |a Exchange rate correction 
650 4 |a Exchange rate depreciation 
650 4 |a Exchange rate indicators 
650 4 |a Exchange rate movements 
650 4 |a Exchange rate peg 
650 4 |a Exchange rate policy 
650 4 |a Exchange rate pressures 
650 4 |a Exchange rate regime 
650 4 |a Exchange rate regimes 
650 4 |a Exchange rate rigidity 
650 4 |a Exchange rate rule 
650 4 |a Exchange rate stability 
650 4 |a Exchange rate targeting 
650 4 |a Exchange rate targets 
650 4 |a Exchange rate 
650 4 |a Exchange rates 
650 4 |a Exchange reserves 
650 4 |a Exchange restrictions 
650 4 |a Exchange sales 
650 4 |a Fixed exchange rate policy 
650 4 |a Fixed exchange rate regime 
650 4 |a Fixed exchange rate 
650 4 |a Floating exchange rate policy 
650 4 |a Floating exchange rate variability 
650 4 |a Floating exchange rate 
650 4 |a Foreign currency 
650 4 |a Foreign exchange earnings 
650 4 |a Foreign exchange market 
650 4 |a Foreign exchange purchases 
650 4 |a Foreign exchange reserves 
650 4 |a Foreign exchange sales 
650 4 |a Foreign exchange 
650 4 |a Foreign investment 
650 4 |a High inflation 
650 4 |a Inflation objective 
650 4 |a Inflation performance 
650 4 |a Inflation rate 
650 4 |a Inflation target 
650 4 |a Inflation targeting 
650 4 |a Inflation 
650 4 |a Inflationary expectations 
650 4 |a Inflationary impact 
650 4 |a Lower inflation 
650 4 |a Macroeconomic performance 
650 4 |a Monetary policy 
650 4 |a Money growth 
650 4 |a Money supply 
650 4 |a Nominal effective exchange rate 
650 4 |a Nominal exchange rate depreciation 
650 4 |a Nominal exchange rate 
650 4 |a Overvalued exchange rate 
650 4 |a Price stability 
650 4 |a Rate of inflation 
650 4 |a Real effective exchange rate 
650 4 |a Real exchange rate movements 
650 4 |a Real exchange rate 
650 4 |a Real interest rates 
650 4 |a Real wages 
650 4 |a Relative price 
650 4 |a Terms of trade shocks 
650 4 |a Terms of trade 
651 4 |a Philippines 
700 1 |a Houben, Aerdt G. F. J 
710 2 |a International Monetary Fund 
776 0 8 |a Print Version:  |z 9781451973341 
830 0 |a IMF Policy Discussion Papers ;  |v Papers on Policy Analysis and Assessment No. 97/4 
830 0 |a IMF Policy Discussion Papers ;  |v Papers on Policy Analysis and Assessment no. 97/4 
830 0 |a IMF eLibrary 
999 1 0 |i b20af8fb-01ae-49e0-872b-a6349a2f89fe  |l 12508800  |s US-ICU  |m exchange_rate_policy_and_monetary_strategy_options_in_the_philippiness_____1997_______intera________________________________________houben__aerdt_g__f_________________e 
999 1 0 |i b20af8fb-01ae-49e0-872b-a6349a2f89fe  |l 9967976143503681  |s US-PU  |m exchange_rate_policy_and_monetary_strategy_options_in_the_philippiness_____1997_______intera________________________________________houben__aerdt_g__f_________________e