Social Impact of the Global Financial Crisis in the Philippines

Business & Finance, Economics, International Economics, Economic Conditions
Cover of the book Social Impact of the Global Financial Crisis in the Philippines by Arsenio M. Balisacan, Asian Development Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Arsenio M. Balisacan ISBN: 9789290921943
Publisher: Asian Development Bank Publication: December 1, 2010
Imprint: Asian Development Bank Language: English
Author: Arsenio M. Balisacan
ISBN: 9789290921943
Publisher: Asian Development Bank
Publication: December 1, 2010
Imprint: Asian Development Bank
Language: English

Anecdotal evidence permeates accounts on the impact of the global economic crisis on Philippine poverty. This study systematically assesses the evidence and recent data. It adopts a somewhat eclectic approach as applying regression and decomposition techniques to trace the impact of the global economic crisis on gross domestic product and its major components, constructing panel data from nationally representative household surveys to trace the changes in household welfare during the crisis, and combining national income accounts and household survey data to simulate the differential effects of the crisis across population groups and social divides. Empirical findings suggest that although the Philippine economy did not slide to recession during the crisis, its impact on the economy and poverty across population groups was nonetheless severe---and may linger for many years to come.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Anecdotal evidence permeates accounts on the impact of the global economic crisis on Philippine poverty. This study systematically assesses the evidence and recent data. It adopts a somewhat eclectic approach as applying regression and decomposition techniques to trace the impact of the global economic crisis on gross domestic product and its major components, constructing panel data from nationally representative household surveys to trace the changes in household welfare during the crisis, and combining national income accounts and household survey data to simulate the differential effects of the crisis across population groups and social divides. Empirical findings suggest that although the Philippine economy did not slide to recession during the crisis, its impact on the economy and poverty across population groups was nonetheless severe---and may linger for many years to come.

More books from Asian Development Bank

Cover of the book Asian Economic Integration Report 2015 by Arsenio M. Balisacan
Cover of the book Toward Optimal Provision of Regional Public Goods in Asia and the Pacific by Arsenio M. Balisacan
Cover of the book The Saemaul Undong Movement in the Republic of Korea by Arsenio M. Balisacan
Cover of the book Kiribati's Political Economy and Capacity Development by Arsenio M. Balisacan
Cover of the book Key Indicators for Asia and the Pacific 2018 by Arsenio M. Balisacan
Cover of the book Results-Based Public Sector Management by Arsenio M. Balisacan
Cover of the book Infrastructure for Supporting Inclusive Growth and Poverty Reduction in Asia by Arsenio M. Balisacan
Cover of the book Scaling New Heights by Arsenio M. Balisacan
Cover of the book Private Sector Assessment for Palau by Arsenio M. Balisacan
Cover of the book Bangladesh–ADB by Arsenio M. Balisacan
Cover of the book Proceedings of the Third South Asia Judicial Roundtable on Environmental Justice for Sustainable Green Development by Arsenio M. Balisacan
Cover of the book The Political Economy of Economic Reform in the Pacific by Arsenio M. Balisacan
Cover of the book ASEAN Corporate Governance Scorecard Country Reports and Assessments 2015 by Arsenio M. Balisacan
Cover of the book Asia Bond Monitor Summer (July) 2010 by Arsenio M. Balisacan
Cover of the book Development Asia—Who Will Pay for Asia's Double Burden? by Arsenio M. Balisacan
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy