The promise and potential of the Philippine economy has remained unrealized notwithstanding the country`s talented labor force, skilled professionals, and relatively abundant resources. What ails the Philippines? This paper argues that the incompetence and downright corruption of Philippine...

The paper first develops an economic analysis of the concept of shareholder value, describes its approach and discusses some open questions. It emphasizes the relationship between pledgeable income, monitoring and control rights using a unifying and simple framework. The paper then provides a...

National leadership over the past three decades has recognized regional development as an important policy thrust and strategy for national development. Hence, regional allocation becomes an integral part in the national government budgeting system, which is aimed for greater efficiency and...

Over the past decade, Metro Cebu has been rapidly moving towards growth and industrialization contributing as much as seventy percent to Visayas’ industrial output. However, associated with this progress are the concerns of various sectors about the quality of water services. Only 23 percent...

From the provision of the Local Government Code, various LGUs have provided the housing requirements of the less-privileged sectors. This paper presents an overview of the existing knowledge and policy experience in local housing innovations in the cities of Palawan, Naga and San Carlos. It also...

In the light of increased demand for basic services and sanitation facilities due to urbanization, devolution facilitates the smooth and fast delivery of social services. In the health sector, however, the strongest opposition, due to issues of tenure, the sustainability of devolved facilities...

This paper makes a brief review of the good intentions that has resulted to the world’s worst financial recession. It offers several measures necessary to assist the adjustment process of the financial system. In addition, it also discusses the factors outside the scope of the financial system...