|
|
|
|
| LEADER |
01866cas a2200241 a 4500 |
| 001 |
AALejournalIMF000380 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781451973341
|
| 022 |
|
|
|a 1934-7456
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Houben, Aerdt.
|
| 245 |
1 |
0 |
|a Exchange Rate Policy and Monetary Strategy Options in the Philippines :
|b The Search for Stability and Sustainability /
|c Aerdt Houben.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 1997.
|
| 300 |
|
|
|a 1 online resource (36 pages)
|
| 490 |
1 |
|
|a IMF Policy Discussion Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 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.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 830 |
|
0 |
|a IMF Policy Discussion Papers; Policy Discussion Paper ;
|v No. 1997/004
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/003/1997/004/003.1997.issue-004-en.xml
|z IMF e-Library
|