Measuring the effect of external shocks and the policy response to them: empirical methodology applied to the Philippines.
Economies benefit from international trade, but joining the world market also exposes them to external shocks. How can the government in Eastern European and developing countries reduce their vulnerability to such shocks? What are appropriate policy responses? The authors examine how external shocks...
| Main Authors: | , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
World Bank
1994
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