Remolona, Eli M.; Lamberte, Mario B. - In: Philippine Review of Economics 23 (1986) 1&2, pp. 101-141
In the Philippines, financial reforms began in earnest in July 1981 with the deregulation of bank interest rates. But within two years; a crisis in the balance-of-payments intervened. This paper addresses two major issues. First, to what extent did the financial reforms contribute to the...
