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Philippines - Toward sustaining the economic recovery : country economic memorandum (English)

This report is a review of the Philippine economic recovery and remaining longer-term structural problems. The first three chapters discuss current issues in resource management and monetary policies, public finance, the balance of payments, growth prospects and aid requirements. The balance of the report looks at the longer-term structural issues in industry and agriculture, along with issues in poverty, employment and natural resources management.


  • Document Date


  • Document Type

    Pre-2003 Economic or Sector Report

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  • Volume No


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  • Country


  • Region

    East Asia and Pacific,

  • Disclosure Date


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  • Doc Name

    Philippines - Toward sustaining the economic recovery : country economic memorandum

  • Keywords

    efficiency of the public sector;access to family planning services;public sector deficit;investment rate;Agriculture;public investment program;access to safe water;wholesale price index;asset privatization trust;real per capita income;population per hospital bed;economic and sector work;Economic Rate of Retum;efficient use of resource;Exchange Rates;balance of payment;rural area;per capita consumption;government financial institution;current account deficit;value added tax;public sector investment;country economic memorandum;Foreign Exchange Reserve;rapid population growth;external debt burden;public sector wage;monetary policy;benefits of protection;long term growth;delivery of service;consumer price index;good policy performance;Exchange rate policies;exchange rate policy;high fertility rate;terms of trade;primary school enrollment;gnp per capita;central government function;foreign interest rate;public sector efficiency;direct income taxation;natural resource base;income in tax;corporate tax rate;government budget deficit;pattern of development;households with electricity;basic macroeconomic indicators;growth in agriculture;adverse weather conditions;Natural Resource Management;quality of education;sale of new;management of forest;deterioration of soils;number of assets;private sector savings;per capita term;highly indebted country;common property management;population per physician;crude death rate;ratio of debt;debt service ratio;real interest rate;total debt service;export of goods;total external debt;land tenure rights;land use restriction;quantitative import restriction;infrastructure and services;external trade barrier;poverty alleviation strategy;nature of poverty;personal income tax;public sector consumption;long term loan;public sector debt;estimates of poverty;tight monetary policy;long term credit;land reform program;government current expenditure;output per worker;nuclear power plant;public sector effectiveness;electric power consumption;Tax Reform;private saving;domestic saving;money supply;public corporation;upland area;recovery effort;private investment;export tax;agricultural productivity;tax system;industrial growth;tax effort;Natural Resources;fiscal policy;extension worker;maintenance expenditure;investment fund;saving rate;tax base;branch banking;industrial restructuring;social security;private consumption;debt problem;monetary management;agricultural output;monopolistic market;Trade Policy;Trade Policies;government wage;Fiscal policies;industrial sector;economic recovery;government security;market condition;public finance;government service;extension service;nutrition service;small farmer;poor farming;consumption level;real wage;incentive system;public debt;domestic debt;social stability;tax collection;poverty problem;subsidized credit;power supply;coconut product;equitable distribution;factor market;foreign credit;outstanding debt;shipping cost;adjustment policy;forest floor;selective cutting;economic rent;political instability;monopolistic trade;critical infrastructure;port charge;capital flow;administrative improvement;future prospect;high-risk group;reform effort;prudent fiscal;sound financial;government worker;agricultural good;support infrastructure;foreign accounts;external shock;distorted incentive;auditing process;adjustment process;electricity price;labor-intensive industry;distribution loss;power tariff;government units;local interest;consumption increase;industrial capacity;budgetary function;tax revenue;gross receipt;investment requirement;opportunity cost;industrial efficiency;regulated service;exemption level;private source;foreign source;industrial regulation;import control;price distortion;industrial activity;adequate services;raw material;urban employment;capital good;budgetary cut;worker productivity;market rate;local unit;enforcement efforts;price control;labor productivity;protein intake;rural land;administrative capacity;farm family;coconut oil;merchandise export



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Philippines - Toward sustaining the economic recovery : country economic memorandum (English). Washington, D.C. : World Bank Group.