This paper provides an overview of the macroeconomic role and impact of Philippine public enterprises. In particular, it deals with its economic contribution on value-added, investment and employment. It also discusses the sector’s deficit and the impact of its finance on the national budget...

The monetary approach to the balance of payments (BOP) takes the view that domestic credit is exogenous to BOP and that it is deteriorated by the excess money, which results from domestic credit expansion. This article determines whether in fact the assertion is true. Utilizing the method...

This study analyzes the effect of the interaction between domestic indirect taxes and tariff system to the market of particular goods. Computation of effective protection rates is provided and the implications of alternative indirect tax schemes are examined.

The Philippine cooperative system has been characterized by success and failure. This paper explores the reasons for the circumstances, the problems plaguing the system and its implications on the movement in general. A review of various studies is conducted.

This paper tests the causality issue between defense spending and economic growth in the Philippines. The results of the tests are used to provide implications for Philippine policy development.

This study presents tax policymakers with a menu of alternative tax structures for the Philippines which will yield the best combinations of efficiency and equity achievable for a given target level of a government revenue. Analysis indicates that even after the reforms of 1977 and 1981, there...

This article examines whether the ASEAN Preferential Trading Arrangements have increased the level of interdependence among ASEAN countries in the area of trade. Specifically, whether such interdependence has brought about institutional and economic changes such as tariff reduction and nontariff...

This article models the small LDC bankers’ profit maximizing and decisionmaking processes in addressing policy actions. Its implications are useful for future policy reforms.

With the objective of designing and implementing more effective policies and programs in the light of external shocks, this paper assesses the impact of economic crisis and adjustment policies on basic economic and social concerns particularly on vulnerable income groups. The development path...

The role of informal credit markets in the promotion of new technology has become significant given the shortcomings of the formal credit sector. This paper examines the impact of technical change on the structure of informal credit markets in the Philippine rice and corn sectors. It also...