Over the past decade, Metro Cebu has been rapidly moving toward growth and industrialization contributing as much as 70 percent to Visayas’ industrial output. However, associated with this progress are the concerns of various sectors about the quality of water services. Only 23 percent of the...

This paper investigates the impact of liberalization of international investment restrictions in the Philippines on the discounts of the First Philippine Fund (FPF) closed-end country fund. In particular, it investigates whether such restrictions are binding and how U.S. investors see the...

The change in the country’s investment policies has been a crucial factor in building up confidence in the country’s economic prospects. Despite the reforms undertaken, the country’s performance in attracting foreign direct investment is still lower than its neighboring countries. This...

This study estimates a system of food demand equations utilizing nationally representative survey data. These estimates are then used to set-up a model that can use price and income changes from simulating a general equilibrium model to determine the impact of changes on macroeconomic policy on...

The rapid economic expansion experienced by the ASEAN region has been dampened by the onset of economic crisis. In the Philippines, the crisis has been aggravated by the problems of El Niño and La Niña. This paper looks into the environmental impacts of economic cycles and the current economic...

The enactment of the 1991 Local Government Code has brought greater responsibilities for local government units to manage their natural resources and the environment. This move has encouraged greater dynamism and innovation in some Philippine cities. Strategies employed and programs undertaken...