Philippines : selected issues.

Saved in:
Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2009.
Description:1 online resource (50 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 09/63
IMF country report ; no. 09/63.
Subject:Finance -- Philippines.
Investments -- Philippines.
Economic history.
Economic policy.
Finance.
Investments.
Philippines -- Economic policy.
Philippines -- Economic conditions.
Philippines.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12495050
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:1280884673
9781280884672
1451886357
9781451886351
9781451886351
9781451831443
1451831447
ISSN:2227-8907
Notes:Includes bibliographical references.
Summary:1. The global financial turmoil has impacted most emerging market countries, including the Philippines. Spillovers were particularly prominent for countries with financial systems with high foreign bank participation, large exposures to ailing global financial institutions and structured products, and high external liabilities, including through wholesale funding. Fortunately, none of these characteristics were salient in the case of the Philippines. However, the Philippine financial system is exposed to both external and domestic channels of risk. This chapter tries to identify the main channels of risk and discuss policies to counter any further fallout from the global financial crisis.
Other form:Print Version: 9781451886351
Standard no.:10.5089/9781451886351.002