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The paper inquires into the impact of contemporary major world events – the recession in the United States and Western Europe, the oil price hike, and the Arab Spring – on the flow of overseas Filipino workers or OFWs and their remittances. The paper finds that the recession in the West has...
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Labor-importing countries adopt differing immigration policy on foreign workers. They all restrict the number allowed entry and many set wage ceilings at levels below the wage paid the native workers. The differing restrictive immigration policies result in the segmentation of the world labor...
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The paper sees imprudent lending by a weak banking system as an important and common cause of the East Asian crisis. The crisis-hit economies' banking systems had not put in place prudential rules and practices and their organization was subjugated to power politics and big business control....
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Philippine higher education (HE) plays an important role in the country’s economy and is vital in achieving global competitiveness.Poor quality,undeveloped innovation system, and inequality of access caused the current dismal state of the HE system.This could be traceable to the populist...
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