“What are the prospects of the Philippine economy after the presidential election of 2004?” Before speculating on this question, the paper discusses four major problems of the economy that the new president will face after the elections. These are (a) the weak long-term performance; (b) the...

This paper explains the structure and the use of an economic time series on Philippines that I constructed at the University of the Philippines' School of Economics. A small program package suitable for use with a minicomputer both on a BATCH or on ON-LINE system was designed and the initial...

The paper describes the pattern of Japanese private investment in the Philippines, reviews the analytical aspects of private foreign investment in general and how Japanese investment fit in that framework and suggest directions for policy and research analysis. Philippine exposure to Japanese...

This paper examines the Philippines’ investment climate in its many dimensions, relating these to the performance of the economy at the national, regional, and provincial levels. The central thesis is that the economy’s slow growth over the past two decades or more can be attributed in large...

no abstract

Katz and Stark (1986) have proposed two reasons for rational workers to migrate to urban areas even when the urban expected income is lower than rural income. We propose to more, viz., scale economies in consumption and differential income variance in favor of the urban area. In each case,...