Understanding housing affordability is key to addressing the housing problem. This study evaluates housing affordability in the Philippines using conventional approaches. It compares Residual Income Method estimates with those from the 30 percent of income standard that is commonly used as a...

While the Philippine education system is in the middle of profound changes with the passage of RA 10533 or the Enhanced Basic Education Act of 2013, the country was rudely awakened by the poor results in its maiden participation in the 2018 Program for International Student Assessment (PISA)...

The global megatrend of the rise of digital platforms has increased labor opportunities for both men and women. Developing countries such as the Philippines have the potential to capitalize on this expansion, but opportunities may be limited where fundamental access issues exist. Gender norms...

The agriculture and fisheries sector has been expanding over time, albeit within the overall context of structural change in the Philippine economy. However, based on progress made in other similarly situated economies, growth and productivity trends have not been "on track." While considerable...

Across different metrics, the ICT performance of the Philippines remains subpar compared to ASEAN members and other countries at the same level of development. The quality of the country's ICT regulatory environment, composed of regulatory authority, regulatory mandate, regulatory regime, and...

This study presents a small macroeconometric model of the Philippines. The model covers the basic parts of the economy-namely, private consumption and investment, international trade, employment, prices, and basic monetary sectors. Behavioral equations are estimated in errorcorrection form...

This paper seeks to assess the degree to which the modernization objective of the Agriculture and Fisheries Modernization Act (AFMA) in terms of enhanced profits and incomes in the AF sectors has been achieved. It finds that, while still low compared with the national average, per capita income...

Rapid digitalization has become an integral feature of the global economy in recent years, as markets became more connected and new modes of production and trade emerged. Having a relatively open digital environment, the Philippines is poised for digital trade integration with its Asia-Pacific...

The 2023 Philippine national budget was drafted on the eve of the election of a new president. While aiming to sustain the recovery from the effects of the COVID-19 pandemic and address economic scarring, the new administration needs to manage the implementation of the Mandanas-Garcia Supreme...

This paper, which will be released as the lead chapter of the 2021-2022 PIDS Economic Policy Monitor, reviews the Philippines' macroeconomic performance in 2021 and the first half of 2022, analyzes recent developments and challenges shaping the economy's near-term outlook, and presents...