Financial reform in the Philippines

• Main Authors: Chua, Hwee Kian, Loo, Seow Theng, Tan, Teck Ming
• Other Authors: Ng Beoy Kui
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business::General::Economic and business aspects
• Online Access: http://hdl.handle.net/10356/63920
• Institution: Nanyang Technological University

It is widely acknowledged that developing a sound financial system is a pre-requisite for any economic development. The Philippines, being no exception, had for the past decade allowed market forces to determine interest rates, allocation of credit and the level of financial intermediation so as...