Through the provision of the Local Government Code, transfer of responsibilities from the national to the local level has been instituted. This paper analyzes some of the LGC provisions since these affect the country’s financial status. Simulation of fiscal repercussions is performed, the...

Investigation of the corn revenue risk of Filipino farmers indicates their vulnerability to wide variability in domestic and world prices. Given the imperfect market and heavy dependence of farmers on trader’s price information, it is important to incorporate risk in any modeling attempts on...

Being intended for students interested with the dynamics of interaction of the macroeconomy, income distribution and poverty and who are users of data and econometric models, this article highlights the conceptual weaknesses, measurement errors and biases of national accounts and household...

This article analyzes the capacity of LGUs to issue securities under the regulatory framework offered by PD 752 and the 1991 LGC. A qualitative analysis of the regulations and requirements of the securities market has been performed. This is extended to a case study of bond issued by the Cebu...

This paper presents a summary of the large and growing literature about donor experience in attempting to meet employment and income objectives through assistance to the rural non-farm enterprises. Key conclusions about these experiences are presented stressing those that have implications for...