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 Gender Equality Results Case Studies by Arsenio M. Balisacan
Cover of the book Asia Bond Monitor September 2009 by Arsenio M. Balisacan
Cover of the book Strengthening Inclusive Education by Arsenio M. Balisacan
Cover of the book Status and Potential for the Development of Biofuels and Rural Renewable Energy by Arsenio M. Balisacan
Cover of the book Pacific Economic Monitor December 2014 by Arsenio M. Balisacan
Cover of the book Wok Bung Wantaim by Arsenio M. Balisacan
Cover of the book Consultation Phase of the ADB Accountability Mechanism by Arsenio M. Balisacan
Cover of the book Attaining Access for All by Arsenio M. Balisacan
Cover of the book Trial Balance by Arsenio M. Balisacan
Cover of the book Sixth ASEAN Chief Justices' Roundtable on Environment by Arsenio M. Balisacan
Cover of the book Assessment of Power Sector Reforms in Viet Nam by Arsenio M. Balisacan
Cover of the book Tonga by Arsenio M. Balisacan
Cover of the book Rebuilding Lives and Homes in Aceh and Nias, Indonesia by Arsenio M. Balisacan
Cover of the book Economic Corridor Development for Inclusive Asian Regional Integration by Arsenio M. Balisacan
Cover of the book Preparing Results Frameworks and Monitoring Results 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