Through the provision of the Local Government Code, transfer of responsibilities from the national to the local level has been instituted. This paper analyzes some of the LGC provisions since these affect the country’s financial status. Simulation of fiscal repercussions is performed, the...

Through the provision of the Local Government Code, transfer of responsibilities from the national to the local level has been instituted. This paper analyzes some of the LGC provisions since these affect the country’s financial status. Simulation of fiscal repercussions is performed, the...

This paper examines the farm-nonfarm linkages of agricultural growth and the mechanisms by which agricultural development changes the economic welfare of various groups of rural population. Parameter estimates of the Almost Ideal Demand System (AIDS) utilizing Philippine data show substantial...

The analysis of micro impacts of macroeconomic adjustment policies (MIMAP) is a relatively new discipline. It has spawned out of the concern that adjustment policies aimed to correct macroeconomic imbalances have adverse impacts to vulnerable sectors. This paper seeks to make an inventory and an...

This study looks at the status of rural nonfarm enterprises (RNEs) in the Visayas area. Descriptive statistics indicate that majority of the RNEs are micro- and cottage-sized enterprises managed by the owner/operator only. Very few can be considered small-scale. Major activities undertaken are...

In its attempt to contribute to the understanding of the behavior of one segment of the cooperative movement, this paper analyzes the performance of the cooperative credit union (CCU) system in rural areas. While CCU is the most successful of all types of cooperatives, its role in the financial...

This paper aims to contribute to the understanding of the links among conceptual, empirical and policy issues relating to agricultural growth, rural development and overall economic growth in the Philippines. Specifically, it aims to provide a broad analytical guidance and policy perspectives...

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 attempts to evaluate the economic and social impact of a rural electrification project in Cagayan Valley. The assessment has been focused on development variables such as income, productivity, employment, energy, education and health and it involves a two-stage process. First stage...

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...