global banking in organization

label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

determine and discuss about BOP of philippines of 2014 , factors contributing to the bop status?

Oct 3rd, 2015

Thank you for the opportunity to help you with your question!

Philippine B.O.P in 2014 ended in deficit from a previous forecast of a surplus . B.O.P deficit amount in 2014 was 3.4 billion compared to the previous surplus amount of 1.1 million .The deficit remained constant. Governor Amando mentioned that dominant factors that caused the deficit was external in nature .

Factors

 > Monetary policy affected the financial markets in Philippine ( dominant factor.)

Other factors would include ;

          > Decline in firms competitiveness due to inflation.

          >Fixed exchange rate .

          >Importing more and exporting less .

          > Payment of debt service .

Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 20th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Oct 3rd, 2015
...
Oct 3rd, 2015
Sep 24th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer