Philippines, from Crisis to Opportunity

by
Format: Paperback
Pub. Date: 1999-01-01
Publisher(s): World Bank
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Summary

Country Assistance Reviews (CARs) are evaluations that take the country as the unit of account and concentrate on the relevance, efficacy, and efficiency of the Bank's overall program of assistance, as well as its sustainability and its impact on institutional development. This CAR examines World Bank assistance to the Philippines since 1986, a turning point in the economic and social policy landscape of that country. The CAR is selective as to time span, instruments, sectors, and issues covered. The focus is on issues that remain relevant today for government and Bank decisionmakers.

Table of Contents

Acknowledgments
Foreword, Prefacio, Preface
Executive Summary, Resumen, Resume Analytique
A Tumultuous Development Decadep. 1
From Crisis to Peaceful Revolutionp. 1
A Vigorous Beginningp. 2
Facing the Political Consequences of Reformp. 3
Policy Weaknesses and Exogenous Shocksp. 4
Consolidation and Revival of the Reformsp. 4
A Solid Basis for Continuing Reformp. 5
Targeted Poverty Alleviationp. 8
Weathering the Storm of the Asian Crisisp. 9
The Prospect Aheadp. 10
Assistance Strategy: Satisfactory, but Uneven and Below Potentialp. 11
From Economic Recovery to Poverty Alleviationp. 12
Away from the Stop-Go Syndromep. 12
Nurturing the Reforms for Public Sector Management and Private Sector Developmentp. 13
The Bank and OED Warned about Macroeconomic Weaknessesp. 16
Sectoral Assistance: An Uneven Performancep. 17
Instruments and Partnershipp. 22
Toward a New Assistance Strategy: Moving to a Higher Planep. 27
Strengthening Macroeconomic Policy and Public Sector Managementp. 28
Supporting Private Sector Development and Basic Infrastructurep. 29
Boosting Rural Development and Poverty Reductionp. 30
Revisiting Human Developmentp. 31
Mobilizing Partnershipsp. 31
Endnotesp. 33
Bibliographyp. 35
The Philippines at a Glancep. 39
Summary of Project Information: The Philippinesp. 42
Completed and Evaluated Projectsp. 43
Ongoing and Recently Completed Projectsp. 47
List of Economic and Sector Workp. 48
Bank Senior Management Responsible for Philippines Since 1985p. 49
The Philippines: From Crisis to Opportunity/Management Responsep. 50
Report from CODE/Committee on Development Effectivenessp. 54
Table of Contents provided by Blackwell. All Rights Reserved.

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