The administration of President Ferdinand Marcos Jr. is pushing for the creation of the Maharlika Investment Fund (MIF). Originally proposed as a sovereign wealth fund, the MIF later on morphed into what can be called a sovereign investment fund (SIF): a state-owned investment fund that aims to...

This paper investigates how the two types of globalization—i.e., integration of international trade and emigration—affected poverty reduction in the Philippines. Using the Family Income and Expenditure Surveys from 1985 to 2000, we found that both nontransfer and transfer incomes decreased...

While it has been increasingly recognized that efficient management holds the key to the development of micro and small enterprises in developing countries, we know very little about the managerial capacity of business owners and managers in these countries. In order to explore whether we can...

Due to increasing population pressure on limited cultivable land in many parts of sub-Saharan Africa (SSA), farm size has been shrinking, fallow periods have been shortened, and soil fertility has been declining. In accordance with the Boserupian evolutionary theory and the Hayami-Ruttan induced...

Growing population has increased demand for land, trees, and water, which, coupled withtenure insecurity or the absence of clear property rights, has resulted in the over-exploitation ofnatural resources.The critical question is whether the current trend will continue and result in...

In this study, we argue that while community forest management is effective in protecting forest resources as argued by Ostrom, it may fail to provide proper incentives to take care of such resources because of collective sharing of benefits of forest management. This study proposes a mixed...

This article provides a review of the past and potential future roles of land tenure reforms and land markets in Sub-Saharan Africa (SSA) as responses to population growth in the process of land use intensification and livelihood transformation. The farm size distribution and the existence of an...