This study evaluates the Philippines' absorptive performance for foreign aid, particularly during the six-year period 2003 to 2008, and compare this to that of the previous period, 1986 to 1988. We observe that the country's capacity to absorb foreign aid has declined during the period under...

This paper presents a few of the latest statistics on income poverty, growth, and inequality, and makes a case about the need not only to monitor current poverty, but also to reduce future poverty. An assessment of the trends in household vulnerability to income poverty is made for the years...

The Philippines now appears well poised for an economic take off and sustained long-run growth. It recently posted an impressive 6.4% growth in the first quarter of 2012, up from 4.9% in the same period last year, has experienced a surge in merchandise exports, and is on the brink of an...

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...

This paper attempts to trace and find evidence for the linkages between the quality of governance, and development at the local level since the adoption of the fiscal decentralization policy in the Philippines in 1991. The concern since then over the links has been prompted by the observed...

The Philippines requires the revision of the economic provisions of the Constitution if it is to become a major recipient of foreign investment flows like other high growth economies in East Asia. These economic provisions were adopted in 1935 and have helped to reduce the country's ability to...

The Philippine Constitution contains many strong restrictions targeted against the flow of foreign capital in specific areas of economic activities. These restrictions were the same ones that were incorporated into the nationalistic provisions of the 1935 Constitution when its framers were...

This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has contributed to national development. Furthermore, it...