This study aims to evaluate the effects of the Trade Reform Program on the performance and competitiveness of the Philippine agricultural machinery industry. It also attempts to identify non-price factors that may impinge on the industry’s competitiveness and efficiency. Findings have revealed...

Credit provision for small and poor households has always been the major element of nongovernment organizations in alleviating poverty. Recently, there has been a move to replicate the Bangladesh Grameen Bank in the Philippines known as Landless People’s Development Fund. This paper assesses...

This article analyzes how a credit guarantee confers private benefits to creditors and proposes reform policies and related assessment measures in order to make credit guarantee a socially beneficial intermediation instrument. Analysis indicates that the necessary and sufficient conditions for...

One of the issues contending the rural borrowers, who are composed of small entrepreneurs, fishermen and farmers, is the access to financial services of formal financial institutions. With this fact on hand, this article discusses the issue within the framework of asymmetry of information...

This article is part of the seminar-workshop on the “Consequences of Small Farm Mechanization on Production, Employment and Incomes in the Philippines” sponsored jointly by the Ministry of Agriculture, the National Economic and Development Authority, the Philippine Institute for Development...

Despite deregulation of the financial markets such as liberalization of foreign bank entry and branching, the government continues to directly intervene in the credit markets through several special credit programs. In the effort to restructure the economy, the government has availed the...

Utilizing time-wise autoregressive model to investigate the perception of the international community on the Philippines, which has suffered from debt crisis in 1982, indicates that banker’s creditworthiness assessments are sensitive not only from liquidity and solvency but also from long-term...

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...

What are the effects of interest rate deregulation in the Philippine agricultural credit? This study attempts to answer this question by focusing on the institutional costs of lending to agriculture and the immediate effects of deregulation on these various costs. The frames of reference...

The Philippine monetary and banking policies have gone through several changes. Between the creation of the Central Bank and 1985, cheap credit policies have been maintained. Highly specialized banks are created to serve specific sectors. This has resulted to the shortfall of the financial...