This paper addresses the question whether and to what extent remittances contribute to poverty alleviation and regional development in the Philippines. It first revisits the causes and consequences of international migration, drawing on the more recent literature. It then zeroes in on...

The effect of the performance of the judicial system has been thrown into the limelight as the business sector has in various surveys pointed to its performance as being one of the main obstacles and disincentives to doing business in the Philippines. The channels through which judicial...

In developing countries like the Philippines, a major policy concern is the inequity in access to health and education services. In this paper, we investigate the effects of factors over which households have control ('choices') or none ('circumstances') on their access to basic services. Our...

This study investigates the importance of leadership as a driver of local government innovations. Based on a survey of 209 innovations introduced in selected 48 local governments in the Philippines during the period June 2004-June 2008, the observable qualities and possible incentives of...

The Philippines became independent in 1946 but its legal and constitutional framework was erected in the 1935 Constitution. The 1987 Constitution did little to change these provisions in the midst of economic reforms that were undertaken to improve the legal basis of doing business and promoting...

The most important role that fiscal policy can play with regard to growth is to ensure macroeconomic stability. But despite two highly visible tax reform programs in less than two decades, the Philippines is now in the midst of a fiscal crisis. This has been brought about by pressures on the...

Official statistics from the National Income Accounts (NIA) in the Philippines depicts an economy that has grown faster after the Asian Financial Crisis (AFC). Although the higher growth of output after the AFC was accompanied by higher real growth rates of personal consumption and the service...

This study assesses the usefulness of money for policy in the Philippines. The basic idea behind the use of monetary aggregates for policy is that observed fluctuations in money anticipate movements in the ultimate objective of monetary policy, such as inflation control. The stability of key...

Studies linking infrastructure and development support the idea that there are large returns to infrastructure investments. This paper examines the conceptual bases for infrastructure's role and their implementation in the Philippines. Regressions show that capital stock investments have yielded...