The Philippines has used the BOT law, as amended to motivate private sector provision of infrastructure. Using examples from selected BOT projects in the country, the paper pointed out key issues constraining the successful implementation of the BOT approach to infrastructure provision. It also...

The paper examines the progress being made in local finance reforms and indicates pathways to advance those reforms. A summary of the effects of decentralization is given as a contextual background for the discussion of local finance reforms. The inefficient tax assignment has constrained the...

In the emerging ASEAN Economic Community, regulatory quality and coherence will be critical in stimulating investments and improving the overall business and investment climate. The different countries in the region are concerned not only with aligning and harmonizing regulatory frameworks, but...

ASEAN transport cooperation is a key issue in the preparation for an ASEAN Economic Community in 2015. Transport cooperation requires member countries to ratify and sign protocols and agreements that will liberalize the transport sector in ASEAN. The transport sector in this study covers...

The paper argues the case for developing more innovative financing schemes for the water supply sector. The use of traditional ODA-dependent financing channeled through government lending institutions has a somewhat moderate success record in developing and improving the water supply sector....

Globally, the rise of new and unexpected risks and shocks has impacted stable and poor societies alike, and some, especially the latter, have become increasingly dysfunctional. The Philippines is peculiarly challenged to build economic resilience as indicated by its high-risk exposure and...

Recent literature indicates the significant role played by rural infrastructure in improving agricultural productivity in developing economies. While the availability and quality of rural infrastructure are never substitutes to efficient macroeconomic and agriculture-specific policies and the...