Add to ORKGThis paper reviews the arguments for and against the imposition of capital controls in the Philippines and discusses the liberalization process undertaken by the authorities since the 1980s. The view espoused by this paper is that there is no need to impose selective capital control in the Philippines similar to that of Chile. However, to make the country less vulnerable to a currency crisis similar to that of the Southeast Asian currency crisis, the paper recommends three major measures: adoption of a flexible exchange rate; improvement of corporate governance; and strengthening of the banking system by improving prudential regulations to make it resilient in the face of sudden changes in investors’ confidence.Asian financial crisis, capit...
The next section will examine two cases of true currency crisis. I argue that currency crises need n...
Based on the literature on the pros and cons of capital account liberalization, this paper centers o...
The article analyses the problem of international capital mobility which the Asian crisis has highli...
What started in the summer of 1997 as a regional economic and financial crisis in East and Southeast...
During the past five years or so, most East Asian economies including the Philippines experienced a ...
The currency and financial crises that broke in Asia in mid-1997 have provoked widespread re-evaluat...
This paper discusses the impact of the global financial meltdown on the Philippines. To cushion futu...
This paper examines the relative effectiveness of bailouts and capital controls in the context of fi...
The Asian crisis was the third financial crisis of the 1990s. Even more than its predecessors it rai...
This paper tackles Financial Vulnerability as the cause of the Philippine Currency crisis. Financial...
The process of globalization has gathered momentum due to the rapid increase in cross-border capital...
The occurrence of the currency crisis has increased due to the growth of globalisation and the emerg...
During the current global crisis, many developing economies introduced various forms of capital cont...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
Capital inflows, especially when volatile and in foreign currencies, lead to macroeconomic and finan...
The next section will examine two cases of true currency crisis. I argue that currency crises need n...
Based on the literature on the pros and cons of capital account liberalization, this paper centers o...
The article analyses the problem of international capital mobility which the Asian crisis has highli...
What started in the summer of 1997 as a regional economic and financial crisis in East and Southeast...
During the past five years or so, most East Asian economies including the Philippines experienced a ...
The currency and financial crises that broke in Asia in mid-1997 have provoked widespread re-evaluat...
This paper discusses the impact of the global financial meltdown on the Philippines. To cushion futu...
This paper examines the relative effectiveness of bailouts and capital controls in the context of fi...
The Asian crisis was the third financial crisis of the 1990s. Even more than its predecessors it rai...
This paper tackles Financial Vulnerability as the cause of the Philippine Currency crisis. Financial...
The process of globalization has gathered momentum due to the rapid increase in cross-border capital...
The occurrence of the currency crisis has increased due to the growth of globalisation and the emerg...
During the current global crisis, many developing economies introduced various forms of capital cont...
The last decade has witnessed three distinct crises: 1992-93 European crisis, 1994-95 Mexican crisis...
Capital inflows, especially when volatile and in foreign currencies, lead to macroeconomic and finan...
The next section will examine two cases of true currency crisis. I argue that currency crises need n...
Based on the literature on the pros and cons of capital account liberalization, this paper centers o...
The article analyses the problem of international capital mobility which the Asian crisis has highli...