In response to the 1997 East Asian financial crisis many schemes were initiated to reform the international financial architecture. The proposed reforms had two wide-ranging objectives: (i) to prevent currency and banking crises and better manage them when they occur; and (ii) to support...

The main objective of the paper is to explore possible institutional arrangements among the Comprehensive Agrarian Reform Program (CARP) implementing agencies in a post-2008 transition scenario for CARP. There were three reasons cited for the implementation of the agrarian reform program,...

This paper attempts to examine the performances of Asian AMCs. Our analysis reveals that the AMCs vary significantly in their design and performances. We claim that AMCs can trigger moral hazard-inspired bank lending, especially when the mode of NPL transfer from banks to AMC entails little cost...

Macroeconometric models may have lost its fame in the past decade; nevertheless it has remained useful in guiding policy decisions and forecasting. This paper is concerned with its estimation and its uses regarding stabilization policies. Improvement in the present Philippine macroeconomic models is...

A world-class metropolis connotes a metropolitan settlement where infrastructure and services are considered at par with world standards in terms of sophistication, efficiency and quality of services. Admittedly, Metro Manila still has much to hurdle in relation to the provision of good...

This paper reviews the arguments for and against the imposition of capital controls in the Philippines and discusses the liberalization process undertaken by the authorities since the 1980s. The view espoused by this paper is that there is no need to impose selective capital control in the...

Reliable, accurate and timely data and appropriate statistical techniques are key elements to produce quality research and sound decision-making process. This paper investigates the uses of data and statistical methodologies in policy research and planning in the Philippine setting. Based on the...

This paper examines the relationship between household savings and family size. Household savings are important indicators for family welfare not only in terms of its investment and income generation prospects but also, and perhaps more importantly given pervasive borrowing constraints and...

The following are offered as guiding principles in the involvement of LGUs in water resources management. • For LGUs to adopt an integrated, holistic approach in addressing the inherently interrelated issues of water supply planning and operation, demand management, pollution control, and...

Significant trade and industrial reforms have been instituted for more than a decade now. While the economy has been growing by more than 6%, there are recent indicators that cast doubts over the optimism on the reforms. In light of the recent developments, this paper discusses the impact of...