This paper looks at the issue of reforming financial regulatory structures from the New Institutional Economics perspective. In particular, it examines how the broader institutional environment prevailing in developing countries like the Philippines may affect the institutional arrangements for...

Analysis of the performance of rural, private commercial and private development banks indicates that while private commercial banks has done intensive savings mobilization drive outside NCR, the performance of these three financial institutions depend on their operating policy framework and the...

Starting from early 1960s to late 1970s, this study conducts a survey of the literature dealing with Philippine monetary policy and related aspects of the financial market. In doing so, several important research problems are noted. Hence, this study is able to aid researchers, planners and...

In its attempt to examine the transaction cost of banks, this study develops a method of estimating transaction cost for each bank activity. It also explains the differences and the composition cost among commercial private development and rural banks. Results in this paper is hoped to improve...

This paper makes a brief review of the good intentions that has resulted to the world’s worst financial recession. It offers several measures necessary to assist the adjustment process of the financial system. In addition, it also discusses the factors outside the scope of the financial system...

This paper attempts to describe and analyze the extent of problems in the Philippine financial system, their causes, regulatory and supervisory responses to such problems and the incidence of the costs of bank failures. These are all in the hope of providing lessons that are useful in...

While the ASEAN has achieved peace and stability in the region, it has nothing significant to boast about its economic achievements. This study examines the ASEAN financial cooperative efforts and their implications for improving intra-ASEAN trade and investment. The Philippine perspective is...

There has been a growing interest in the rural financial sector mainly due to the ongoing reforms in the financial system that is headed towards a more liberal stance by allowing increased free play of private incentives in financial markets. Utilizing the survey of rural, development and...

What is the magnitude of borrower transaction costs? How does it affect borrower demand for and access to credit? What are the determinants of transaction costs? Is credit rationing through transaction costs relatively more widespread and important when interest rates are restricted than when...

This paper reviews the trends in rural banking during the past ten years with an emphasis on deposit mobilization. Results indicate that while there has been a steady increase in rural deposits throughout the period, the proportion of total rural to urban deposits reveals a small increase. Its...