Philippines Quarterly Update, June 2011

dc.creatorWorld Bank
dc.date2017-08-14T20:48:46Z
dc.date2017-08-14T20:48:46Z
dc.date2011-06
dc.date.accessioned2026-07-01T01:07:50Z
dc.descriptionThe Philippines quarterly update provides an update on key economic developments and policies over the past three months. It also presents findings from recent World Bank work on the Philippines. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy for the outlook for the Philippines. Its coverage ranges from the macro-economy to financial markets to indicators of human welfare and development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in the Philippines. Though the revised gross domestic product (GDP) growth estimates show small deviation from the old base year and methodology, the revision has resulted in a nominal GDP which is 6 percent larger and hence, lower fiscal statistics as a percentage of GDP (e.g., lower tax effort, but improved debt ratio), but also important sectoral growth changes. Investment is now noticeably higher due to improved coverage and transfer of items previously booked under consumption (e.g., military goods) the investment-to-GDP ratio in 2010 is now 20.5 percent instead of 15.6 percent. The demand side growth continues to post a remarkable uptick in investment. Investment grew by 37 percent year-on-year and contributed 6.8 percentage points to GDP growth, mostly driven by durable equipment and private construction. Private construction grew by 22 percent, albeit at a slower pace than the preceding three quarters, and compensated for the contraction in public construction which shrank by 37.3 percent due to continued fiscal tightening and a high base effect. Investment in durable equipment grew 17 percent with the building up of inventory in industrial machineries and road vehicles.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/668571468295233275/Philippines-quarterly-update-generating-more-inclusive-growth
dc.identifierhttps://hdl.handle.net/10986/27798
dc.identifierhttps://doi.org/10.1596/27798
dc.identifier.urihttp://hdl.handle.net/123456789/415456
dc.languageEnglish
dc.languageen_US
dc.publisherManila
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL EMPLOYMENT
dc.subjectAGRICULTURAL INCOMES
dc.subjectAGRICULTURAL YIELDS
dc.subjectAGRICULTURE
dc.subjectASSET PURCHASE
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK LENDING
dc.subjectBANKING INDUSTRIES
dc.subjectBASE YEAR
dc.subjectBASIS POINTS
dc.subjectBENCHMARK
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL OUTLAYS
dc.subjectCASH TRANSFER
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMPLIANCE COSTS
dc.subjectCONSUMER SPENDING
dc.subjectCONSUMERS
dc.subjectCOST ASSUMPTIONS
dc.subjectCOUPON
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectCURRENT ACCOUNT SURPLUS
dc.subjectDAMAGES
dc.subjectDEBT LEVEL
dc.subjectDEBT MATURITY
dc.subjectDEBT RATIO
dc.subjectDEBT RATIOS
dc.subjectDEBT STOCK
dc.subjectDEFICITS
dc.subjectDEPOSIT
dc.subjectDEPOSIT ACCOUNTS
dc.subjectDERIVATIVES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDOLLAR BONDS
dc.subjectDOMESTIC INTEREST RATES
dc.subjectDOMESTIC LIQUIDITY
dc.subjectDURABLE
dc.subjectDURABLE EQUIPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC EXPANSION
dc.subjectECONOMIC GROWTH
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET INVESTMENTS
dc.subjectEMERGING MARKETS
dc.subjectEMPLOYMENT IN AGRICULTURE
dc.subjectEQUITY MARKET
dc.subjectEXCHANGE RATES
dc.subjectEXPANSIONARY FISCAL POLICY
dc.subjectEXPENDITURE
dc.subjectEXPORT GROWTH
dc.subjectEXPORTS
dc.subjectEXPOSURE
dc.subjectEXTERNAL DEBT
dc.subjectFEDERAL RESERVE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DERIVATIVES
dc.subjectFINANCIAL INFLOWS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKET PARTICIPANTS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICY
dc.subjectFOOD EXPENDITURES
dc.subjectFOOD ITEMS
dc.subjectFOOD NEEDS
dc.subjectFOOD PRICE
dc.subjectFOOD PRICES
dc.subjectFOOD PRODUCTS
dc.subjectFOOD SECURITY
dc.subjectFORECASTS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DEBTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN INVESTMENTS
dc.subjectFOREIGN PORTFOLIO
dc.subjectGDP
dc.subjectGLOBAL BONDS
dc.subjectGLOBAL ECONOMIC PROSPECTS
dc.subjectGLOBAL TRADE
dc.subjectGOOD GOVERNANCE
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT SECURITIES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROWTH RATE
dc.subjectHOUSEHOLD HEAD
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD INCOMES
dc.subjectHOUSEHOLD PER CAPITA INCOME
dc.subjectHOUSEHOLD SURVEY
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN CAPITAL ENDOWMENTS
dc.subjectINCOME DYNAMICS
dc.subjectINCOME GROUPS
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVEL
dc.subjectINCOME LEVELS
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINDEXATION
dc.subjectINFLATION
dc.subjectINFLATION EXPECTATION
dc.subjectINFLATION EXPECTATIONS
dc.subjectINFLATION RATE
dc.subjectINFLATION TARGET
dc.subjectINFLATION TARGETING
dc.subjectINFLATIONARY PRESSURES
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL POVERTY LINE
dc.subjectINTERNATIONAL RESERVES
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORY
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTOR BEHAVIOR
dc.subjectINVESTOR CONFIDENCE
dc.subjectISSUANCE
dc.subjectISSUANCES
dc.subjectJOB CREATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLEADING INDICATORS
dc.subjectLIQUIDITY
dc.subjectLIVING STANDARDS
dc.subjectLOCAL GOVERNMENT
dc.subjectLOW INTEREST RATES
dc.subjectMARKET PERFORMANCE
dc.subjectMATURITY
dc.subjectMONETARY POLICY
dc.subjectNATIONAL INCOME
dc.subjectNATURAL DISASTERS
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectNET CAPITAL
dc.subjectNET EXPORTS
dc.subjectOIL PRICES
dc.subjectOUTPUT
dc.subjectOUTSOURCING
dc.subjectOVERSEAS DEBT
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPERSONAL INCOME
dc.subjectPOLITICAL UNREST
dc.subjectPOOR
dc.subjectPOOR FAMILIES
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOOR PEOPLE
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INFLOWS
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPOVERTY DYNAMICS
dc.subjectPOVERTY ESTIMATES
dc.subjectPOVERTY GAP
dc.subjectPOVERTY INCIDENCE
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY LINKAGES
dc.subjectPOVERTY PROFILE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCING
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY SEVERITY
dc.subjectPOVERTY THRESHOLD
dc.subjectPRICE INCREASES
dc.subjectPRIVATE INVESTMENT
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC SECTOR DEBT
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC WORKS
dc.subjectPUBLIC-PRIVATE PARTNERSHIP
dc.subjectPURCHASING POWER
dc.subjectREAL ESTATE
dc.subjectREAL GDP
dc.subjectRECESSION
dc.subjectRED TAPE
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRESERVE
dc.subjectRESERVE REQUIREMENT
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRURAL
dc.subjectRURAL AREA
dc.subjectRURAL AREAS
dc.subjectRURAL INCOME
dc.subjectRURAL POVERTY
dc.subjectRURAL POVERTY INCIDENCE
dc.subjectSAVINGS
dc.subjectSECONDARY TRADING
dc.subjectSHORT-TERM DEBT
dc.subjectSIDE EFFECTS
dc.subjectSOVEREIGN DEBT
dc.subjectSOVEREIGN RATINGS
dc.subjectSPECIFIC TAXES
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK MARKET
dc.subjectSTOCKS
dc.subjectSTRUCTURAL REFORMS
dc.subjectTARGETING
dc.subjectTAX
dc.subjectTAX COLLECTION
dc.subjectTAX EXPENDITURES
dc.subjectTAX INCENTIVES
dc.subjectTAX POLICY
dc.subjectTAX RATE
dc.subjectTAX SYSTEM
dc.subjectTRADE BALANCE
dc.subjectTRADE DEFICIT
dc.subjectTRADE FINANCE
dc.subjectTRADE SECTOR
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectVOLATILITY
dc.subjectWAGE GROWTH
dc.subjectWAGES
dc.subjectWHOLESALE PRICES
dc.subjectYIELD CURVE
dc.titlePhilippines Quarterly Update, June 2011
dc.titleGenerating More Inclusive Growth
dc.typeReport
dc.typeRapport
dc.typeInforme

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