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The domestic shipping industry has a crucial role in the Philippine economy as it serves as the backbone supporting domestic trade and provides an affordable means of interisland transfer. However, the industry is riddled with inefficiencies with interrelated consequences such as high cost of...
Persistent link: https://www.econbiz.de/10014475282
Electricity serves as a vital input to modern economies. Many critical infrastructures such transportation, telecommunications, banking, among others, depend on continuous supply of electricity to perform their functions. However, as modern economies continue to move towards digitalization and...
Persistent link: https://www.econbiz.de/10014476622
The air transport sector is important in facilitating economic growth and development. In a country made up of more than 7,000 islands, air transportation serves as the fastest mode of connectivity within the country and the rest of the world. The direct impact of the air transport sector to...
Persistent link: https://www.econbiz.de/10014475377
The recent calls for the revival of the Oil Price Stabilization Fund (OPSF) are tantamount to a call for a policy reversal, that is, reversal of the downstream oil industry deregulation that began in 1998. The history of the OPSF presents important lessons for policymakers. Petroleum price...
Persistent link: https://www.econbiz.de/10013336166
This study evaluates the achievement of the desired outcomes of the competition policies contained in the Electric Power Industry Restructuring Act of 2001 (EPIRA). It traces the evolution of the electric power industry before EPIRA and post-EPIRA. It looks at impacts on the consumers in terms...
Persistent link: https://www.econbiz.de/10011535528