This paper, which will be released as the lead chapter of the 2022-2023 PIDS Economic Policy Monitor, examines the economic performance of the Philippines for 2022 and the first half of 2023. It presents conditions shaping the global and regional outlook, projections on growth and consumer...

This is the lead chapter of the 2023-2024 Philippine Institute for Development Studies (PIDS) Economic Policy Monitor (EPM). It examines the economic performance of the Philippines for 2023 and at most the third quarter of 2024. It presents conditions driving global, regional, and national...

The Philippines entered its deepest recession in post-war history in 2020, with output declining by 9.6 percent. Coming up with a strategy on how to best manage the economy and deal with the fallout of the public health shock, especially on the weaker segments of society, became the biggest...

This study presents a small macroeconometric model with a fiscal sector, extending the model presented in Debuque and Corpus (2022). The model retains the original core blocks of domestic demand, international trade, employment, prices, and monetary sectors, and adds a fiscal sector consisting...