Publication:
Philippines : Invigorating Growth, Enhancing Its Impact

dc.contributor.author World Bank
dc.date.accessioned 2012-06-11T19:33:41Z
dc.date.available 2012-06-11T19:33:41Z
dc.date.issued 2007-05
dc.description.abstract Major fiscal adjustment during 2005-06, aided by abundant global liquidity, has turned around market sentiment on the Philippines. Stocks, the peso and reserves have all risen significantly, as have foreign direct investment and portfolio inflows, while interest costs and spreads for government borrowing have fallen along with inflation. Real GDP grew by 5.4 percent in 2006 and real GNP by 6.2 percent, marking the first time that three consecutive years of growth of 5 or more percent was recorded since the 1970s. Strong growth in business process outsourcing, electronics exports and remittance-driven consumption served as important props for higher growth. This paper includes the following headings: recent economic developments; how robust is present growth; invigorating growth, enhancing its impact; and maximizing the benefits of growth for the poor. en
dc.identifier http://documents.worldbank.org/curated/en/2007/05/7667496/philippines-invigorating-growth-enhancing-impact
dc.identifier.uri http://hdl.handle.net/10986/7704
dc.language English
dc.publisher Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ACCOUNTING
dc.subject AGRICULTURAL OUTPUT
dc.subject AGRICULTURE
dc.subject ANNUAL RATE
dc.subject AUDITING
dc.subject AVERAGE CAPACITY
dc.subject AVERAGE CAPACITY UTILIZATION
dc.subject BALANCE OF PAYMENTS
dc.subject BALANCE SHEETS
dc.subject BANK DEPOSITS
dc.subject BANK LENDING
dc.subject BANKING SECTOR
dc.subject BANKING SUPERVISION
dc.subject BANKING SYSTEM
dc.subject BANKS
dc.subject BASE YEAR
dc.subject BENCHMARK
dc.subject BIDDING
dc.subject BONDS
dc.subject BUDGET DEFICIT
dc.subject BUDGET FRAMEWORK
dc.subject BUDGET SUPPORT
dc.subject CAPACITY UTILIZATION
dc.subject CAPITAL ADEQUACY
dc.subject CAPITAL BASE
dc.subject CAPITAL INFLOWS
dc.subject CAPITAL MARKETS
dc.subject CENTRAL BANK
dc.subject COLLUSION
dc.subject COMMERCIAL BANKS
dc.subject COMMERCIAL BORROWING
dc.subject COMMODITIES
dc.subject COMPETITIVENESS
dc.subject CORPORATE GOVERNANCE
dc.subject CORPORATE PROFITS
dc.subject DEBT
dc.subject DEBT SERVICE
dc.subject DECISION MAKING
dc.subject DEFICIT REDUCTION
dc.subject DEFICITS
dc.subject DEREGULATION
dc.subject DOMESTIC INVESTMENT
dc.subject ECONOMIC GROWTH
dc.subject EDUCATIONAL ACHIEVEMENT
dc.subject ELECTRICITY
dc.subject EMERGING MARKETS
dc.subject EXCHANGE RATE
dc.subject EXCISE TAXES
dc.subject EXPENDITURES
dc.subject EXPORT GROWTH
dc.subject EXPORTS
dc.subject EXTERNAL DEBT
dc.subject FINANCIAL MARKET
dc.subject FINANCIAL MARKETS
dc.subject FINANCIAL POSITION
dc.subject FINANCIAL SECTOR
dc.subject FISCAL ADJUSTMENT
dc.subject FISCAL CONSTRAINT
dc.subject FISCAL CONSTRAINTS
dc.subject FISCAL POLICY
dc.subject FISCAL POSITION
dc.subject FISCAL REFORM
dc.subject FISCAL REFORMS
dc.subject FISCAL TARGETS
dc.subject FOREIGN BANKS
dc.subject FOREIGN CAPITAL
dc.subject FOREIGN CURRENCY
dc.subject FOREIGN DIRECT INVESTMENT
dc.subject GNP
dc.subject GOVERNMENT DEBT
dc.subject GOVERNMENT DEFICIT
dc.subject GOVERNMENT SECURITIES
dc.subject GROSS DOMESTIC PRODUCT
dc.subject GROSS NATIONAL PRODUCT
dc.subject GROSS NATIONAL SAVINGS
dc.subject GROWTH POTENTIAL
dc.subject HUMAN CAPITAL
dc.subject INCOME
dc.subject INCOME TAXES
dc.subject INFLATION
dc.subject INFRASTRUCTURE PROJECTS
dc.subject INTEREST COSTS
dc.subject INTEREST PAYMENTS
dc.subject INTEREST RATES
dc.subject INTERNATIONAL RESERVES
dc.subject INVESTMENT CLIMATE
dc.subject INVESTMENT RATES
dc.subject LABOR COSTS
dc.subject LAWS
dc.subject LEGAL PROTECTION
dc.subject LIQUIDITY
dc.subject LOCAL CURRENCY
dc.subject LOCAL GOVERNMENTS
dc.subject M3
dc.subject MACROECONOMIC INSTABILITY
dc.subject MACROECONOMIC PERFORMANCE
dc.subject MARGINAL COST
dc.subject MARGINAL PRODUCT
dc.subject MARGINAL PRODUCTIVITY
dc.subject MARGINAL REVENUE
dc.subject MARKET ENTRY
dc.subject MARKET FORCES
dc.subject MEDICAL SERVICES
dc.subject MONETARY POLICY
dc.subject NASH EQUILIBRIUM
dc.subject NATIONAL AUDIT
dc.subject NATIONAL GOVERNMENT
dc.subject NATIONAL STATISTICS
dc.subject NATIONAL STATISTICS OFFICE
dc.subject NET BORROWING
dc.subject OVERNIGHT RATES
dc.subject OWNERSHIP STRUCTURE
dc.subject PACIFIC REGION
dc.subject PAYMENT SYSTEM
dc.subject PER CAPITA INCOME
dc.subject PERSONAL INCOME
dc.subject PERSONAL INCOME TAXES
dc.subject PORTFOLIO
dc.subject POVERTY REDUCTION
dc.subject PRIVATE CAPITAL
dc.subject PRIVATE CONSUMPTION
dc.subject PRIVATE INVESTMENT
dc.subject PRIVATE SECTOR
dc.subject PRIVATIZATION
dc.subject PROFITABILITY
dc.subject PROGRAMS
dc.subject PUBLIC
dc.subject PUBLIC CONSUMPTION
dc.subject PUBLIC DEBT
dc.subject PUBLIC DEFICITS
dc.subject PUBLIC EXPENDITURE
dc.subject PUBLIC EXPENDITURE MANAGEMENT
dc.subject PUBLIC INFRASTRUCTURE
dc.subject PUBLIC INVESTMENT
dc.subject PUBLIC POLICIES
dc.subject PUBLIC RESOURCES
dc.subject PUBLIC SECTOR
dc.subject PUBLIC SECTOR BORROWING
dc.subject PUBLIC SECTOR BORROWING REQUIREMENTS
dc.subject PUBLIC SECTOR DEBT
dc.subject PUBLIC SECTOR DEFICIT
dc.subject PUBLIC SPENDING
dc.subject REAL EXCHANGE RATE
dc.subject REAL GDP
dc.subject REAL GROWTH
dc.subject REFORM AGENDA
dc.subject REFORM PRIORITIES
dc.subject REGULATORY CAPTURE
dc.subject REGULATORY FRAMEWORK
dc.subject REGULATORY POLICIES
dc.subject REGULATORY POLICY
dc.subject REGULATORY REFORM
dc.subject REVENUE INCREASES
dc.subject RISK FACTORS
dc.subject RISK MANAGEMENT
dc.subject SOCIAL SECURITY
dc.subject SOCIAL SECURITY SYSTEM
dc.subject STRUCTURAL REFORM
dc.subject TAX
dc.subject TAX ADMINISTRATION
dc.subject TAX BASE
dc.subject TAX COLLECTION
dc.subject TAX EFFORT
dc.subject TAX EVASION
dc.subject TAX POLICY
dc.subject TAX RATE
dc.subject TAX REVENUE
dc.subject TAXPAYERS
dc.subject TELECOMMUNICATIONS
dc.subject TELECOMMUNICATIONS REFORM
dc.subject TOTAL FACTOR PRODUCTIVITY
dc.subject TOTAL REVENUE
dc.subject TOTAL SPENDING
dc.subject TRANSACTIONS COSTS
dc.subject TRANSPORT
dc.subject TREASURY
dc.subject TREASURY BILL
dc.subject UNCERTAINTY
dc.subject UNEMPLOYMENT
dc.subject UNEMPLOYMENT RATE
dc.subject WAGE RATES
dc.subject WAGES
dc.title Philippines : Invigorating Growth, Enhancing Its Impact en
dspace.entity.type Publication
okr.date.disclosure 2007-08-10
okr.doctype Economic & Sector Work :: Development Policy Review (DPR)
okr.doctype Economic & Sector Work
okr.docurl http://documents.worldbank.org/curated/en/2007/05/7667496/philippines-invigorating-growth-enhancing-impact
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Finance and Markets
okr.globalpractice Governance
okr.identifier.externaldocumentum 000310607_20070531143315
okr.identifier.internaldocumentum 7667496
okr.identifier.report 39226
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/05/31/000310607_20070531143315/Rendered/PDF/39226optmz0PH.pdf en
okr.region.administrative East Asia and Pacific
okr.region.country Philippines
okr.sector Health
okr.sector Public administration
okr.sector Industry and trade
okr.sector Finance
okr.sector Education
okr.topic Economic Theory and Research
okr.topic Banks and Banking Reform
okr.topic Macroeconomics and Economic Growth :: Investment and Investment Climate
okr.topic Public Sector Expenditure Analysis and Management
okr.topic Public Sector Economics and Finance
okr.topic Finance and Financial Sector Development
okr.topic Public Sector Development
okr.unit PREM Sector Department (EASPR)
okr.volume 1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
English PDF
Size:
3.3 MB
Format:
Adobe Portable Document Format
Description:
No Thumbnail Available
Name:
English Text
Size:
162.27 KB
Format:
Plain Text
Description:
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: