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This paper aims to explore the determinants of household income and expenditure growth, and assess whether the poor are …
Persistent link: https://www.econbiz.de/10010230958
reopening, the analysis suggests that GDP growth may grow by about 7.1 percent, but economic activity may weaken in 2023 as the …
Persistent link: https://www.econbiz.de/10014476021
regional outlook, projections on growth and consumer prices, and prospects coming into 2024. Carried by post-pandemic momentum … but moderated by continued headwinds, the economy grew by 7.6 percent in 2022. For 2023, GDP growth is expected to weaken … to 5.2 percent, and inflation is estimated to average at about 6 percent. As for 2024, growth is anticipated to register …
Persistent link: https://www.econbiz.de/10014467117
Machine Learning algorithms, such as the artificial neural networks, are acknowledged to outperform several econometric procedures in predictions. Machine learning becomes popular for doing operations that practically require more efficiency and accuracy, derived basically from the algorithm's...
Persistent link: https://www.econbiz.de/10011993791
economic growth, foster and strengthen trade, and improve the living standards in the Region. Started as a simple program for … (ECOTECH), pertains to the collective actions of APEC to achieve its overall goals of attaining sustainable growth and …
Persistent link: https://www.econbiz.de/10012028743
Using a global computable general equilibrium model, the paper analyzes the potential effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine economy. The analysis involves an 80-percent reduction in tariffs and 10 percent in nontariff barriers within RCEP...
Persistent link: https://www.econbiz.de/10011536406
The Philippines has been more cautious in its policy towards free trade agreements (FTAs) than other ASEAN member states, having signed, so far, only one bilateral agreement with Japan in addition to the various ASEAN+1 agreements. While the Government is expected to progressively reduce...
Persistent link: https://www.econbiz.de/10010505098
underscore the importance of a thriving private sector in promoting high and inclusive growth. Comparing these metrics for …
Persistent link: https://www.econbiz.de/10011300261
With overlapping, multiple free trade agreements (FTAs), such as the case of the Association of Southeast Asian Nations (ASEAN) and the various ASEAN+1 FTAs, complications that run counter to the economic integration objectives of the East Asian region could arise. Forging the Regional...
Persistent link: https://www.econbiz.de/10010530073
Free trade agreements (FTAs) and regional trade agreements (RTAs), as a national policy, have proliferated in the recent decades as countries perceived trade agreements to effectively reduce trade barriers, thus helping expand market access, protect local markets, and enhance efficiency and...
Persistent link: https://www.econbiz.de/10012149874