We examine the link between extreme weather events and national aid and transfers at the municipal level in the Philippines between 1992 and 2015. Using local-level data of public income and expenditures, local precipitation, poverty incidence, and satellite-based night light luminosity, we find...

Asia's rapid population aging fortifies the case for strengthening human capital investments. Further, the experience of the newly industrialized economies suggests that human capital investments will be a vital ingredient of the transition from middle income to high income. Those investments...

Climate change causes a vast magnitude of impacts that cut across boundaries and spill over time. It results in various, interrelated effects on important aspects of society. Direct and indirect effects of climate change touch on, for instance, health (e.g., Watts et al. 2015) and on labor...

Cross-country comparison of education financing is often limited to public sector spending, which only provides a partial view of the global education financing landscape. Using recent National Transfer Accounts estimates of public and private education consumption for 74 economies around the...

The Philippine government plays an increasingly significant role in the provision of drugs and medicines. Over the last half decade, direct public procurement more than doubled from PHP 7.8 billion in 2014 to PHP 20.1 billion in 2019. In this study, we document government procurement practices...

Examining rationality of expenditures and analyzing welfare changes are interrelated because welfare change analysis is predicated on “rational” (i.e., expenditure-minimizing) responses to price and income changes. This study examined Philippine family demands for (1) electricity, (2) gas...

Thirty-two years ago, the First Congressional Commission on Education (EDCOM I) established a trifocalized Philippine Educational and Training System (PETS) to ramp up achievement of the country's educational and training goals. EDCOM I sought to raise the system's performance by transforming...

The present study first examines the trends in age structural shifts in selected Asian economies over the period 1950–2050 and analyzes their impact on economic growth in terms of the first and second demographic dividends computed from the system of National Transfer Accounts. Then, using the...

The present study first examines the trends in age structural shifts in selectedAsian economies over the period 1950–2050 and analyzes their impact oneconomic growth in terms of the first and second demographic dividendscomputed from the system of National Transfer Accounts. Then, using...