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Despite the major contribution of agricultural sector to the Philippine economy, it has been performing dismally since the 1980s. This has been attributed to limited technological progress, inefficiencies in resource allocation and limited infrastructure development. This paper focuses on the...
Persistent link: https://www.econbiz.de/10011935766
This paper analyzes the changes in the Philippine rice economy during the past three and a half decades and evaluates the policy options in light of the prospective rice supply and demand situation over the next decade and beyond. The changing nature and trends in rice production, trade and...
Persistent link: https://www.econbiz.de/10011935767
Philippine agriculture has performed poorly despite its performance being relatively better than other Asian countries. This paper argues that misguided and inadequate government policies and programs have contributed to the erosion of the country's competitive advantage in the sector. Several...
Persistent link: https://www.econbiz.de/10011935768
This paper reviews the literature on the prospects of the world food supply-demand situation over the next decade and beyond. In particular, space is provided for the growth patterns and projections of food production, consumption, trade and world prices. This also includes analysis of possible...
Persistent link: https://www.econbiz.de/10011935780
Due to the increase in prices of basic agricultural commodities in 1995, food price stability and food security have again emerged as a major policy concern. This paper argues that the sharp increases in prices of rice; largely the choice and management of policy instrument have caused corn and...
Persistent link: https://www.econbiz.de/10011935795
To face the challenges and exploit the opportunities created by the agriculture trade liberalization and the devolution of governance, it is important that institutional issues confronting any sector be addressed. It is in this light that this paper aims to analyze the institutional issues...
Persistent link: https://www.econbiz.de/10011935796
The growth of the Philippine economy has been erratic since 1980's. It is only until recently that it shows signs of catching up with the progress of its fellow Asian countries. Whether its recovery is sustainable at the aggregate level remains largely a question. Agriculture sector, however, is...
Persistent link: https://www.econbiz.de/10011935797
Government intervention is required to mitigate the pervasive market failures in the agriculture sector. However, government policies and interventions have been motivated by concerns other than the goal of long-term efficiency. The main focus of this paper is to analyze government's policy...
Persistent link: https://www.econbiz.de/10011935846
Over the past two decades, the Philippine economic growth has been erratic and lower than most developing countries in Asia. The agriculture sector has not performed well since 1980s, hence losing its comparative advantage. Recommendations of Congressional Commission on Agricultural...
Persistent link: https://www.econbiz.de/10011935882
The performance of the agriculture sector is a key determinant to the overall economic growth and to its people's food security. It continues to be a major source of GDP, Philippine total employment and livelihood of the rural sector. However, the sector has been performing poorly since 1980s....
Persistent link: https://www.econbiz.de/10011935884