Philippines quarterly update : from stability to prosperity for all (English)

The Philippine economy grew slower than expected at 3.7 percent in 2011, held back by weak public spending and external demand. In the fourth quarter (Q4), growth slightly improved at 3.7 percent. As in past quarters, growth was driven by remittance-fueled household consumption, which grew by 6.7 percent. The government's disbursement acceleration plan was partially successful and contributed 1.3 percentage points (ppt) to gross domestic product...

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Author

Chua,Karl Kendrick Tiu;

Juco,Marianne N.;

Limkin,Joseph Louie C.;
Document Date
2012/03/01
Document Type
Working Paper
Report Number
69833
Volume No
1
Total Volume(s)
1
Country
Philippines,
Region
East Asia and Pacific,
Disclosure Date
2012/06/11
Disclosure Status
Disclosed
Doc Name
Philippines quarterly update : from stability to prosperity for all
Keywords
labor force participation rate

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Chua,Karl Kendrick Tiu; Juco,Marianne N.; Limkin,Joseph Louie C..

Philippines quarterly update : from stability to prosperity for all (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/763051468094148613

Philippines quarterly update : from stability to prosperity for all (English)

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