This article provides a background to the birth of offshore banking units (OBUs) in the Philippines, its operations and the factors affecting the positioning of financial offshore centers. It also discusses the issues confronting OBUs and its effects on domestic banks/banking technology. A short...

This article is presented before the 19th Annual Meeting of the Philippine Economic Society at the Manila Hotel on December 11, 1982. Examination of the Philippine strategy for development during the 1970s has indicated a success that is relatively short-lived; hence, it is necessary to emphasize...

This paper analyzes the responses from a survey of Philippine companies concerning labor market policies, such as minimum wage-setting process, hiring and firing practices, training, and holidays. These policies have gained wide acceptance as a means of protecting the welfare of workers. But one...

“What are the prospects of the Philippine economy after the presidential election of 2004?” Before speculating on this question, the paper discusses four major problems of the economy that the new president will face after the elections. These are (a) the weak long-term performance; (b) the...

The revision of Economics, a textbook in elementary economics, using the Philippines as the basis of the study material, will be available in academic year 2003-4. The paper begins with a review of the antecedents of the efforts at the University of the Philippines School of Economics to improve...

Documentary evidence of the emergence and the eventual complete dominance of the Chinese mercantile traders (Sangleys) during the Spanish colonial period in the Philippines is first presented. We identify the critical traits in the Sangley mercantile genome and the new contractual and...