Being forewarned is forearmed. This article discusses how the Philippines and the rest of Asian countries can predict future financial crises using a set of economic indicators called Early Warning System. Based on the frequency and level of noise or signals emitted by these indicators, authorities may be warned of an impending crisis. Find out more if the EWS can be depended upon to do the job.
Outsmarting Another Crisis: An Early Warning System for the Philippines
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