In this article, the author outlines the coverage and structure of the Philippines' value-added tax (VAT) on goods and services and discusses the problems in its administration as well as indicators of inefficiency, low effort and evasion that appear to be growing even worse. Making use of the...

This article makes an attempt to uncover and explain the linkages between monetary policy and growth, using the cases of South Korea, the Philippines and Thailand with short-term interest rates as main indicator. It seems that, with the results from the three countries taken together, tighter...

The author carries out an interesting and uncommon analysis of economic transition and change in terms of human consciousness, perception, knowledge, learning, interpretation and response. He highlights the role of institutions in transition and argues that the real driving force, which is...

Has Philippine development planning benefited from the wisdom, if any, of economic growth theory? In this article, the author discusses the key question of whether development planning in the Philippines has worked in delivering growth. He investigates the theoretical foundations of national...

The article reviews trends in population and poverty, compares population and development between the Philippines and Thailand over the last 40 years, discusses the theoretical links between population and poverty as well as the empirical evidence, and finally its implications for policy. The...

This article investigates the determinants of Philippine trade in commercial services, and makes an attempt to explain the historical trends and movements in aggregated services exports and imports in relation to variables such as income, relative price, merchandise trade, services sector size...

This article discusses the issue of establishing, as many countries have, an independent revenue authority. Such organizations are conventionally and explicitly founded to combat inefficiencies, corruption and the politicization of tax administration that are all too evident here in the...

Approximately 90 percent of the world's production and consumption of rice occurs in Asia, and regional demand is projected to increase by 70 percent over the next 30 years. Meeting this demand requires an expansion of the total area under irrigation in the coming decades. In this article, the...