· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiBeyond just a bellwether - the capital markets as catalyst for dynamic and inclusive economic growth
Read full speech on bis.org ↗ContextSpeech on capital markets and inclusive growth in the Philippines; Bangko Sentral ng Pilipinas keeps prices stable and wants deeper capital markets.
Why it mattersMedalla argues that bond and equity markets can make growth more widely shared.
Problems raised
- Philippine capital markets are underdeveloped.
- Growth must become more inclusive.
- Data sharing among regulators is weak.
Solutions proposed
- Develop capital markets as a catalyst for growth.
- Strengthen data exchange within the development council.
- Consider tax reforms to support markets.