4  For surveys of the literature on the costs of inflation, see O. Issing, “Why price stability?”, in: A.G. Herrero, V. Gaspar, L. Hoogduin, J. Morgan and B. Winkler (eds. ), Why price stability?, First ECB Central Banking Conference, European Central Bank, Frankfurt am Main, 2001 and G. Camba-Mendez, J.A.
11211, Standard and Poor’s upgraded the Philippine banking system’s Banking Industry Country Risk Assessment (BICRA) score from “6” to “5,” indicating lower risk assessment for our banking system. BICRA scores range from 1 to 10, with 10 reflecting assessment of highest risk. Alongside the New BSP law, Republic Act No.