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In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China … performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in …. The Philippines' annual exports rose sharply in 2017 and became the main engine of economic growth, while imports …
Persistent link: https://www.econbiz.de/10012645225
The Philippines' economic growth outlook remains positive, yet downside risks have increased. An expected slowdown in … trade tensions, could not only worsen external financing conditions for emerging market economies like the Philippines but …
Persistent link: https://www.econbiz.de/10012645643
-term priorities to sustain the Philippines' rapid economic growth include prudently managing fiscal and current account balances and …
Persistent link: https://www.econbiz.de/10012646011
Philippine economic growth slowed to its lowest level in eight years, driven by a rapid deceleration in investment growth in the first half of 2019. GDP growth slowed from 6.3 percent year-on-year (yoy) in the first half of 2018 to 5.5 percent in thesame period in 2019, below government's growth...
Persistent link: https://www.econbiz.de/10012646565
The Philippine economy contracted by 10.0 percent, year-on-year, in the first three quarters of 2020, given the triple shock brought by the Coronavirus disease (COVID-19) pandemic. COVID-19 delivered a triple shock of a health crisis, strict containment measures, and a global recession of...
Persistent link: https://www.econbiz.de/10012647696
Persistent link: https://www.econbiz.de/10012246782
in global trade and domestic consumption linked to sharp increases in consumer confidence. In the Philippines, growth was … turning point for the Philippines in the public finance area. The 2011 budget changes current dynamics in two critical areas …
Persistent link: https://www.econbiz.de/10012247381
The Philippine economy has emerged as one of the fastest growing economies in East Asia, with growth accelerating to 7.1 percent in the third quarter. The acceleration of domestic demand since the first quarter of 2012 reflects the country's strong macroeconomic fundamentals, stronger government...
Persistent link: https://www.econbiz.de/10012248033
The Philippine economy grew slower than expected at 3.7 percent in 2011, held back by weak public spending and external demand. In the fourth quarter (Q4), growth slightly improved at 3.7 percent. As in past quarters, growth was driven by remittance-fueled household consumption, which grew by...
Persistent link: https://www.econbiz.de/10012248037
After a strong rebound in 2010, Philippine economic growth slowed by more than half to 3.6 percent in the first three quarters of 2011. Slower third quarter (Q3) growth of 3.2 percent was the result of significant contractions in exports and public investment. The contraction in exports largely...
Persistent link: https://www.econbiz.de/10012248088