Measuring the Effect of External Shocks and the Polic[y] Response to Them: Empirical Methodology Applied to the Philippines
F. Desmond McCarthy · J. Peter Neary · Giovanni Zanalda
Jan 1994 · World Bank Publications
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47
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How can the governments in Eastern Europe and developing countries reduce their vulnerability to such shocks? What are the appropriate policy responses? Here is a method for measuring the effect of external shocks on the current account, applied to the Philippines.
How can the governments in Eastern Europe and developing countries reduce their vulnerability to such shocks? What are the appropriate policy responses? Here is a method for measuring the effect of external shocks on the current account, applied to the Philippines.
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