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This study reviews and evaluates the major contributory and noncontributory social protection programs that are currently in place as part of the government's portfolio of social protection interventions, including social insurance (SSS, GSIS, PhilHealth), social welfare programs (e.g., Pantawid...
Persistent link: https://www.econbiz.de/10011421144
This paper aims to review and assess protection afforded by the Social Security System and the Government Service Insurance System, two out of the three agencies tasked with administering social insurance in the country. Like social security systems in other countries, the GSIS and SSS provide...
Persistent link: https://www.econbiz.de/10011421147
The 2008 global economic and financial crisis spawned a synchronized recession among industrialized countries leading to a contraction in world trade. Exports from developing countries fell sharply dragging many of them into the global economic downturn. The Philippines was not spared the...
Persistent link: https://www.econbiz.de/10011421157
The recent global financial and economic crisis which started in the United States and expanded to other developed countries has, to some extent, affected developing countries as well. Given the vulnerability of most developing countries, it is important to monitor the impact of this global...
Persistent link: https://www.econbiz.de/10011421162
The Global Financial Crisis of 2007 was one of the worst crises that hit the world economy since the Depression era. For the next two years, the crisis created waves of economic contraction that affected developed and developing economies. The Philippines was not spared from this crisis. As an...
Persistent link: https://www.econbiz.de/10011421232
This paper discusses the performance of the Philippine economy as it recovers from the Asian financial crisis and the challenges the country faces in sustaining the recovery and propelling the economy to a higher growth path. The economy has some strengths such as relatively healthy financial...
Persistent link: https://www.econbiz.de/10011429603
The strong recovery of the five crisis-affected countries of East Asia between 1999 and 2000 has revived the debate on the causes of the 1997 financial crisis. Initially there had been an emerging consensus that the crisis had originated from the capital account. However, some analysts see the...
Persistent link: https://www.econbiz.de/10011429646
The paper inquires into the impact of contemporary major world events - the recession in the United States and Western Europe, the oil price hike, and the Arab Spring - on the flow of overseas Filipino workers or OFWs and their remittances. The paper finds that the recession in the West has not...
Persistent link: https://www.econbiz.de/10010333554