Ocean tourism contributes significantly to the economy of the Philippines, an archipelagic nation with one of the longest coastlines in the world and one of the best marine environments in terms of biodiversity. This paper aims to explore how ocean tourism and economic development intertwine in...

Marine litter seriously affects island-based or archipelagic economies. The Philippines is an example of a country at the center of this predicament due to its strategic geographic location as a regional trade route. Urbanization, rapid economic development, and the population increase are some...

The Philippines is an example of a country at the center of this predicament due to its strategic geographic location as a regional trade route. Urbanization, rapid economic development, and the population increase are some of the key factors contributing to increased consumption and waste...

The socioeconomic impacts of coastal tourism depend on local communities' participation in tourism activities and gathering both positive and negative consequences. However, an understanding of the socioeconomic impacts is essential for making proper strategic efforts for its sustainable...

Lending institutions' reluctance to lend to MSMEs or to offer them competitive interest rates stems from the relatively costly information acquisition for small loans. The central idea is to bridge the information gap between the demand and the supply side by creating a credit analytics sharing...

This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and within Asia, and creates a "bigger picture" for the demand and supply of capital for...

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

Urbanization has both benefits and costs. In a market economy, the trade-off between benefits and costs determines the level, speed, and pace of urbanization. This paper summarizes research findings on how urbanization enhances productivity and economic growth in both rural and urban sectors,...

This study explores the relationship between inequality and structural transformation by constructing a theoretical model, developing analytical frameworks, and implementing a case study. The general equilibrium model we develop demonstrates that inequality exhibits an inverted U shape as...

The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...