Volume/Issue: 2016/176
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Asia and Pacific Dept
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
June
2016
DOI: http://dx.doi.org/10.5089/9781498308748.002
ISBN: 9781498308748
This paper examines the evolution of monetary policy frameworks of the Association of Southeast Asian Nations (ASEAN)-5 economies, with particular focus on changes since the Asian financial crisis and the more rece...
Volume/Issue: 2003/12
Series: IMF Working Papers
Author(s):
Mark Stone
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2003
DOI: http://dx.doi.org/10.5089/9781451842920.001
ISBN: 9781451842920
Inflation targeting lite (ITL) countries float their exchange rate and announce an inflation target, but are not able to maintain the inflation target as the foremost policy objective. This paper identifies 19 emer...
Series: Occasional Papers
Author(s):
Markus Rodlauer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2000
DOI: http://dx.doi.org/10.5089/9781557758613.084
ISBN: 9781557758613
This Occasional Paper discusses the policies behind the favorable economic performance of the Philippines during the 1990s, when it emerged from a long period of slow growth and economic imbalances and managed to e...
Volume/Issue: 1998/49
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
June
1998
DOI: http://dx.doi.org/10.5089/9781451831214.002
ISBN: 9781451831214
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 per...
Volume/Issue: 1998/39
Series: IMF Working Papers
Author(s):
G. Lim
, and
Guy Debelle
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
1998
DOI: http://dx.doi.org/10.5089/9781451845808.001
ISBN: 9781451845808
Monetary policy in the Philippines has had multiple objectives. Moreover, shifts in money demand and the money multiplier have made base money a less reliable anchor for monetary policy. Hence, on present policies,...
Volume/Issue: 1997/4
Series: IMF Policy Discussion Papers
Author(s):
Aerdt Houben
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
1997
DOI: http://dx.doi.org/10.5089/9781451973341.003
ISBN: 9781451973341
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...
Series: Economic Issues
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
January
1997
DOI: http://dx.doi.org/10.5089/9781557756275.051
ISBN: 9781557756275
Open market operations are the major instruments of monetary control in industrial countries and are becoming important in developing countriesand countries in transition. This paper shows how open market operation...
Volume/Issue: 1995/146
Series: IMF Working Papers
Author(s):
S. Axilrod
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1995
DOI: http://dx.doi.org/10.5089/9781451856590.001
ISBN: 9781451856590
As developing countries and economies in transition have relied on deregulated, competitive markets to spur growth, their central banks have shifted toward using open market operations as a tool of monetary policy....
Volume/Issue: 1994/62
Series: IMF Working Papers
Author(s):
Marc Quintyn
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
1994
DOI: http://dx.doi.org/10.5089/9781451848229.001
ISBN: 9781451848229
In an indirect monetary policy framework, open market operations become the central bank’s main instrument. In the initial stages, when financial markets are still undeveloped, selection of a financial instr...
Volume/Issue: 1991/40
Series: IMF Working Papers
Author(s):
Chorng-Huey Wong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
1991
DOI: http://dx.doi.org/10.5089/9781451845877.001
ISBN: 9781451845877
This paper reviews issues in the development of a market-based system of monetary control in developing countries. It focuses on the appropriate sequencing of financial reform that would facilitate the transition t...