In pursuit of economic growth and development, countries have tried to strike a balance between competition and industrial policies across time. This paper will review the empirical evidence on industrial concentration and its economic correlates (notably firms’ performance as measured by...

Roughly a little under half of the world's population is mired in poverty, most in the developing world--about 3 billion people constitute the global base of the economic pyramid. Building on earlier work by Banerjee and Duflo (2007), this paper uses survey data from three countries in order to...

The Philippine government's Comprehensive Tax Reform Program Package 1 (CTRP-1) has sparked considerable discussion on its effects on households at different income levels. This paper focuses on the impact on income inequality of the CTRP-1, discerning gaps that continue to exist in the...

Mining is a volatile industry in the Philippines notwithstanding its potential importance to the country's industrialization and development. Due in part to longstanding debates on its environmental impact and contributions to tax revenues, as well as issues with existing mining laws, mining has...