Analysis of the performance of rural, private commercial and private development banks indicates that while private commercial banks has done intensive savings mobilization drive outside NCR, the performance of these three financial institutions depend on their operating policy framework and the...

This paper attempts to describe and analyze the extent of problems in the Philippine financial system, their causes, regulatory and supervisory responses to such problems and the incidence of the costs of bank failures. These are all in the hope of providing lessons that are useful in...

While the ASEAN has achieved peace and stability in the region, it has nothing significant to boast about its economic achievements. This study examines the ASEAN financial cooperative efforts and their implications for improving intra-ASEAN trade and investment. The Philippine perspective is...

Despite the pawnshop’s recently gained popularity as an alternative source of credit, very little study has been accorded to it. To date, there is hardly any thorough study about it. This paper is an attempt to bridge that gap. It analyzes the role of pawnshops in the financial system with...

Do guarantee programs lead to additionality in agricultural lending? Do guarantee programs contribute to small loans? Do guarantee programs encourage banks to use their own funds? Do guarantee programs reduce the cost of lending to banks and how cost effective are the guarantee programs? These...

The Philippine credit cooperatives have grown in financial resources and membership over the last three decades. These cooperatives are self-reliant and self-sustaining. This paper is an attempt to assess the importance and potential impact of any further sectoral development and to identify...

The paper discusses financial liberalization in the context of a proposed RP-US FTA. It discusses the state of the financial industry, in general, and also reviewed the US-Chile and US-Singapore FTAs to be able to arrive at the proposed provisions for the RP-US FTA. It also tackles the reforms...

This study is an attempt to explain the pattern of development of the Philippine financial market. First, it provides a brief historical analysis of the financial system. It then develops an aggregative intermediation model and applies it to the Philippine stock market. It also discusses money...

This paper determines whether or not there is a rule for financing public debt that the public can discern. Specifically, it determines the nature of the “crowding out” effect. It then empirically investigates its impact on the nominal and real interest rates.

Credit provision for small and poor households has always been the major element of nongovernment organizations in alleviating poverty. Recently, there has been a move to replicate the Bangladesh Grameen Bank in the Philippines known as Landless People’s Development Fund. This paper assesses...