In recent years, Japan has been experiencing unprecedented current account surpluses, a trend that is being predicted as likely to continue in the next few years. Japan`s response is three-pronged: expansion of domestic demand, improvement of access to their market and recycling external...

While this paper does not purport to be exhaustive in identifying a wide range of alternatives, it nevertheless attempts to explore Philippine trade options in the Uruguay Round of Multilateral Trade Negotiations. It attempts to indicate some policy options in the context of the Uruguay Round....

Shortly after the assumption of President Aquino to the office, the government has instituted a wide-ranging set of sociopolitical and economic reforms. This paper evaluates the ongoing program of industrial restructuring and development in the Philippines. Preliminary to its purpose, it reviews...

This paper is a review of studies having implications on policy efforts. To facilitate the review, the studies are grouped into those dealing with the 1983-1984 economic crisis and those looking specifically into: 1) trade and industrial policies 2) agricultural policies 3) natural resources and...

While this paper presents a Philippine perspective on Japanese and US official development assistance to the Philippines, it does not attempt to quantify its contributions to development. Rather, it reviews the flows of Japanese and US assistance in terms of both quantity and quality. It also...

This paper provides the most recent estimates of the basic parameters in shadow pricing, namely the shadow exchange rate, the marginal productivity of capital and the opportunity costs. It also enumerates the procedures for parameter estimation for future use. It clarifies the differences...

Credit is important because economic agents in the agriculture sector who are constrained by liquidity problems may produce sub-optimal outputs. This paper reviews the past and present Philippine agricultural credit and banking policies. It identifies the principal issues in rural credit markets...

This paper aims to present in a coherent systematic manner the Philippine labor market condition, in terms of employment, unemployment, wages, productivity and related issues. Historical data are presented to reflect the economic conditions and the policy environment that characterized the...

In its attempt to characterize the existing financing schemes of the footwear manufacturing industry in Marikina, this paper investigates and documents the existing formal and informal credit arrangements in the footwear manufacturing industry. It also describes the mechanisms and arrangements...

How economically competitive is domestically produced cotton compared to its imported counterpart? Have government policies encouraged it domestic production? These are questions that this research study attempts to answer. Analysis indicates that while there is a comparative advantage in...