01622cas a2200241 a 4500 AALejournalIMF000647 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451831214 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Philippines : Selected Issues. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (62 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper reviews the economic development in the Philippines during the 1990s. Growth, which virtually came to a halt in the early 1990s, picked up in 1993 and accelerated steadily to almost 7 percent by end-1996, fueled by an expansion in exports and investment. At the same time, the fiscal position strengthened, inflation was successfully brought down to single digits, and with large capital inflows, particularly in 1996, gross international reserves rose to record levels. This reversal of economic fortunes was largely the result of major reforms undertaken in the past decade. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/049 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/049/002.1998.issue-049-en.xml IMF e-Library