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

Bibliographic Details
Main Author: Houben, Aerdt
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1997/004
Online Access:Full text available on IMF