菲律宾未能免于亚洲金融危机之害，但其受损程度要比其他东盟国家轻。正因为如此，菲律宾政府的应对之策显得力度不够，其危机后的经济复苏进程要比韩国、泰国、马来西亚慢，复苏的回弹力也较弱。菲律宾经济改革任务还相当艰巨。 The Philippines was not immune from the Asian financial crisis, but it suffered less than other ASEAN countries. Because of this, the Philippine government did not respond adequately to the crisis. The economic recovery after the crisis was slower than that of South Korea, Thailand and Malaysia, and the resilience of the recovery was weaker. The task of economic reform in the Philippines is still quite arduous.