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...

About two-thirds of the Philippine population resides in the rural areas, earning an average family income of only half of their urban counterparts. It is therefore, not surprising that much interest has been expressed in the progress of rural development strategies, the impact they have had on...

The electric-power generation and distribution (EPGD), which is a traditional instrument of economic growth and is tapped to serve regional development, social equity and other objectives, has felt most the effects of liberalization. For it to contribute to economic adjustment, the government...

This paper provides a broad historical perspective against which to assess the 1989 program of government expenditures. Specifically, it reviews and quantitatively evaluates the revenue target and implied fiscal deficit figures, sectoral distribution of government expenditures and other budget...