Contrary to the commonly held notion that the market power exercised by a handful of unscrupulous traders in the local market has resulted unnecessary hike in prices, this paper presents evidence against this allegation. Findings show that market shocks originate at the farm level that are...

This paper explains why currency movements and trade volumes, while theoretically related, have minimal effect on each other, in practice. In addition, it argues that volatile currency movements and trade deficits are not beneficial in the long run. A separate set of measures on how to deal with...

This article analyzes how a credit guarantee confers private benefits to creditors and proposes reform policies and related assessment measures in order to make credit guarantee a socially beneficial intermediation instrument. Analysis indicates that the necessary and sufficient conditions for...

This study takes off from an earlier inquiry on the effects of Home Consumption Value (HCV) valuation. It is intended to assist policymakers in examining the requirements for an effective implementation of the General Agreements on Tariffs and Trade Valuation Code (GVC). This study identifies...

Serious attention has always been bestowed on the stability of food markets. The government has acted on these issues through intervention on food prices that more or less creates distortion. These have been observed on U.S. and Japan. This paper develops a spatial-temporal equilibrium model for...

This paper investigates the issue of underutilization of Philippine regional fishing ports using secondary data from institutional resources and interviews with key informants. Analysis indicates that most of the existing regional ports are underutilized, having low actual usage to projected...

Serious attention has always been bestowed on the stability of food markets. The government has acted on these issues through intervention on food prices that more or less creates distortion. These have been observed on U.S. and Japan. This paper develops a spatial-temporal equilibrium model for...

This paper investigates the issue of underutilization of Philippine regional fishing ports using secondary data from institutional resources and interviews with key informants. Analysis indicates that most of the existing regional ports are underutilized, having low actual usage to projected...

Access to energy is a means to achieve economic development. Both environmental concerns and the global privatization trends have fueled the worldwide need to develop new and renewable sources of energy such as solar, hydro, biomass and wind. In the Philippines, where these new and renewable...

This article analyzes how a credit guarantee confers private benefits to creditors and proposes reform policies and related assessment measures in order to make credit guarantee a socially beneficial intermediation instrument. Analysis indicates that the necessary and sufficient conditions for...