Intro -- Acknowledgment -- List of Tables -- List of Figures -- List of Abbreviations -- 1 Introduction -- 1.1 Content of the Thesis -- 2 Use coal or invest in renewables: a real options analysis of energy investments in the Philippines -- 2.1 Background -- 2.2 Methodology -- 2.2.1 Net present...

During the past five years or so, most East Asian economies including the Philippines experienced a rising level of foreign exchange reserves and rapidly appreciating currencies both in nominal and real terms. One cause has been the resurgence of capital flows, which makes the issue of how to...