The Micro Impacts of Macroeconomic Adjustment Policies research project has stemmed out of the concern that policy measures implemented to correct serious economic imbalances and induce the economy to efficiency and sustainable growth may have unanticipated and differential welfare impact at the...

Despite the pawnshop’s recently gained popularity as an alternative source of credit, very little study has been accorded to it. To date, there is hardly any thorough study about it. This paper is an attempt to bridge that gap. It analyzes the role of pawnshops in the financial system with...

As the country has undergone a series of structural adjustment and stabilization policies, questions regarding its impact on the agriculture sector has stemmed out of the concerns on poverty and the welfare of vulnerable groups. To answer whether these policies improved the lot of these groups,...

The center of the county’s agrarian question is rooted in the skewed land distribution pattern. In addition, this particular agrarian structure is a legacy of our colonial experience and a product of the accumulated adverse effects of the palliative land reform measures implemented by the past...

This paper provides a broad historical perspective against which to assess the 1989 program of government expenditures. Specifically, it reviews and quantitatively evaluates the revenue target and implied fiscal deficit figures, sectoral distribution of government expenditures and other budget...

Dealing with science and technology and economic development, this paper describes the relationship between technological capability and the degree of economic development. It analyzes the structure of the Philippine economy and the structural changes that have taken place since the 1970. It...

The manner by which the government has chosen to finance the fiscal deficit in the given period and the economic consequences of financing of government expenditures are discussed in this paper. It documents the size of the government deficit from 1975-1984 through the presentation of a...

Inasmuch as a large portion of the family labor force in the farm is women and youth, the Comprehensive Agrarian Reform Program can substantially impact on the role of these groups on development. This paper reviews the gender issues in rural nonfarm enterprises (NFEs) and agrarian reform areas....

This paper describes a framework for analyzing the micro-level impacts of macroeconomic adjustment policies on health, nutrition and education. The development of the framework has drawn heavily on the existing body of economic theory and the insights obtained from the previous empirical work....

The Philippine agriculture sector’s limited capacity to absorb the existing rural labor force has led to the demand for nonfarm employment in the rural labor market. Despite its shortcomings, agriculture still remains a vital component to the economy. This paper attempts to bring together and...