The Philippines requires the revision of the economic provisions of the Constitution if it is to become a major recipient of foreign investment flows like other high growth economies in East Asia. These economic provisions were adopted in 1935 and have helped to reduce the country's ability to...

The Philippine Constitution contains many strong restrictions targeted against the flow of foreign capital in specific areas of economic activities. These restrictions were the same ones that were incorporated into the nationalistic provisions of the 1935 Constitution when its framers were...

Cesar Virata's tenure as secretary/minister of Finance is the longest held by any head of department in Philippine history. This study reviews his contributions to the evolution and reform of the Philippine tax system which were significant, sustained and consistent. His contributions helped to...

Ferdinand E. Marcos was the Philippine president from 1966 to 1986, a period exceeding twenty years. After serving as a two-term president of the Philippines from 1966-1972, he declared martial law under the constitution to assume dictatorial powers to tame the political chaos that was then...

Human capital formation in collegiate education can be partly measured by academic performance in a course. This study is based on students enrolled in the introductory course in the University of the Philippines under a single professor for the period 1998 to 2007. Data on the student's...

Human capital formation during youth, aside from the individual qualities of the student, is dependent in part on the quality of the schooling background. The determinants of academic performance of students (measured by their grade in the introductory economics course in the University of the...

The paper discusses the suitability of the federal form of government as a replacement for the centralized structure of government in the context of Philippine economic and political conditions. The answer is depicted in the title of the essay. In providing a review of the main question,...

The Philippine Institute for Development Studies (PIDS), founded in 1977, has gained international recognition for useful research on development issues relevant to the nation's economic needs. In this memoir prepared for the 40th anniversary celebration of the institute's birth, the author...

This paper explores the degree of structural change of the Philippine economy using the inputoutput framework. It examines how linkages among economic sectors evolved over 1979-2000, and identifies which economic sectors exhibited the highest intersectoral linkages. We find that manufacturing is...

This paper takes a fresh look, from a macro perspective, at the issue of aid effectiveness. An important point of departure for this study is that it adopts poverty reduction, as contrasted from economic growth, as the metric for measuring aid effectiveness. In conducting the empirical...