This paper reports the empirical results of an attempt to develop a statistical classification system for rural banks using common financial ratios as predictor variables. Though it provides a formal and fast way to classify banks, the classical techniques utilized in this paper should not be...

One of the issues contending the rural borrowers, who are composed of small entrepreneurs, fishermen and farmers, is the access to financial services of formal financial institutions. With this fact on hand, this article discusses the issue within the framework of asymmetry of information...

To forecast the Philippine money multiplier, this article utilizes Box-Jenkins Technique that suggests the use of simple autoregressive intermediate moving average (ARIMA) process. Estimation results are discussed in reference to its implications in the future forecast of money multiplier.

The ASEAN Economic Community (AEC) Blueprint targets an ASEAN single market in 2015. This is an ambitious reform agenda that seeks to ensure the free flow of services, investment, and skilled labor, along with the free flow of goods and the freer flow of capital, in the ASEAN region. For...

Private firms invest in physical capital and human resource but they are also advised to invest in innovations to be more productive and profitable. Innovations refer to the development, deployment, and economic utilization of new products, processes, and services. It is important for firms to...

This paper presents a general picture of the difficulties in developing a sustainable lending service geared toward smallholder agriculture. Drawing on the experiences of the Philippines and other countries, it traces the rethinking of the agricultural credit policy following the collapse of...

It has been suggested that poor people lose from any food price increase engendered by inappropriate policies. In particular, protectionist policies impel an increase in the cost of living, which ultimately hurt the small farm households. Through estimation of household price elasticity of...

Following the global trend in using private sector participation in infrastructure financing and development, the Philippines has largely utilized privatization as a major approach to the development of infrastructure, particularly in power, water, transport, and telecommunications sectors. To...

Despite the government’s credit program approach, access of poor households to microfinancial services has remained limited. This paper explains the microfinance policy environment in the Philippines and evaluates the institutional and financial capacity/performance constraints of MFIs. This...

The government has estimated big amount of money for building new housing units and renovation/upgrading of old housing units for the 1993-1998. The rapid formation of new households has contributed to an acute demand for housing. Hence, the existence of demand-supply gap, mostly prominent in...