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...

In the paper’s attempt to examine the financial sector, it investigates not only the scope of banking activities in the ASEAN region but the structure of markets and competition as well. It also examines the benefits and costs of a more liberal regime for the international trade in banking...

This paper reviews the major policy initiatives of the Aquino Administration in the area of populating, health and education. In each of these areas, the issues that the Aquino Administration is likely to confront are briefly described. An assessment of the major policy responses is then provided.

This report presents a practical methodology for the assessment of the economic impact of soil erosion, illustrates the methodology with results from recently completed case studies and proposes a framework for incorporating this methodology for upland resource policy and management programs.

This paper seeks to estimate the fund requirements of migrating overseas workers and analyze the variations according to occupation, skill level and destination of overseas workers. It also determines the manner in which migrating workers raise the funds to cover recruitment costs such as the...

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...