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While much has been written about the political ideas of the revolution, little if anything has been written about its economic ideas. This paper is an attempt to provide an intellectual background to the economic policies and directives emanating from the Malolos Republic. It traces the source...

A strong executive branch and nationality-requirements on specific areas of the economy are two ideas contained in provisions of the Philippine Constitution of 1935 that have been carried over into the country’s subsequent charters. Using the record of debates during the convention, this...

For the same technology, historically observed modes of organizing labor- slavery, serfdom, and freeholding- are compared in terms of Pareto-superiority. Conditions are sought under which one is superior to the other.

Writing in 1881, Gregorio Sancianco advocated a presumptive tax for the Philippines. Unlike other proponents of the scheme, however, Sancianco viewed a presumptive tax in decidedly modern terms: as a second-best response to the reality of tax evasion in the face of information asymmetry and...

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This paper attempts mainly to substantiate the hypothesis that the pattern of tariff protection in the past contributed to the oligopolistic structure of Philippine manufacturing, and that such concentration included a distinct foreign element. Firstly, the paper presents a theory to illustrate...

Rizal’s economic ideas are among the least studied aspects of his work. A careful reading of his writing, however, particularly his 1890 essay “On the indolence of the Filipinos,” suggests that Rizal’s economic views were in general agreement with those of Enlightenment thinkers...

The centre of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of China, India and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence has raised a range of major...