Many studies support this view that the Philippines will be one of the most resilient economies in this slowing and turbulent global economy. 3/4  BIS central bankers' speeches  Having said all these, I am looking forward to a productive and stimulating discussion with you and will be receptive to your insights. Thank you and mabuhay! 4/4  BIS central bankers' speeches
While some recommend eschewing of inflation targeting altogether, Woodford (2012) suggested modifying inflation-targeting practice for making interest rate policy a more effective tool for financial stability.12 In contrast, Svensson (2010) opined that flexible inflation targeting remains the best-practice monetary policy before, during, and after the financial crisis.13 Third, should financial stability be the sole or shared responsibility of the central bank?