Rising Growth, Declining Investment: the Pussle of the Philippines

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4./5 ( download)

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Book Synopsis Rising Growth, Declining Investment: the Pussle of the Philippines by :

Download or read book Rising Growth, Declining Investment: the Pussle of the Philippines written by and published by World Bank Publications. This book was released on with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Determinants of Economic Growth in the Philippines

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1463927223
Total Pages : 25 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis The Determinants of Economic Growth in the Philippines by : Ms.Willa Boots J. Tolo

Download or read book The Determinants of Economic Growth in the Philippines written by Ms.Willa Boots J. Tolo and published by International Monetary Fund. This book was released on 2011-12-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a panel of 23 emerging markets for the period 1965?2008 to study the determinants of per capita GDP growth in the Philippines. The Philippines is an outlier in terms of agricultural exports, investment, research and development, population growth, and political uncertainty. Panel regressions reveal that these factors, along with the deficit, inflation, trade openness, the current account balance and the frequency of crisis episodes are siginificant determinants of growth. A growth index confirms that these determinants also capture the absolute and relative performance of each country over time and suggests that the Philippines has lacked a sustained period of relatively strong economic reforms.

Alessandro Magnolia Bocchi

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4./5 ( download)

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Book Synopsis Alessandro Magnolia Bocchi by :

Download or read book Alessandro Magnolia Bocchi written by and published by World Bank Publications. This book was released on with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Way Forward

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Publisher : Anvil Publishing, Inc.
ISBN 13 : 9712731820
Total Pages : 206 pages
Book Rating : 4.7/5 (127 download)

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Book Synopsis The Way Forward by : Calixto V. Chikiamco

Download or read book The Way Forward written by Calixto V. Chikiamco and published by Anvil Publishing, Inc.. This book was released on 2017-11-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The essays by Calixto Chikiamco in this collection are keen and valuable commentaries on current economic affairs and policies. They call to mind economic policies that need change if, as a country, we are to sustain economic growth at a high and efficient level of performance. When they deal with economic policies, the essays try to disentangle them so as to expose what is wrong and to propose solutions at their fine roots. Thus, unlike some commentaries that criticize policies, he also offers the way out of the problems.” — Dr. Gerardo P. Sicat, former Socioeconomic Planning Secretary and National Economic and Development Authority Director-General

Improving Public Infrastructure in the Philippines

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Author :
Publisher : International Monetary Fund
ISBN 13 : 151351511X
Total Pages : 24 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Improving Public Infrastructure in the Philippines by : Mr.Takuji Komatsuzaki

Download or read book Improving Public Infrastructure in the Philippines written by Mr.Takuji Komatsuzaki and published by International Monetary Fund. This book was released on 2016-02-29 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and public investment efficiency, it uses model simulations to assess the macroeconomic implications of raising public investment and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure investment results in sustained gains in output; (ii) the effects of improving public investment efficiency are substantial; and (iii) deficit-financed increases in public investment lead to higher borrowing costs that constrain output increases over time, underscoring the importance of revenue mobilization.

Poverty in the Philippines

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292547410
Total Pages : 188 pages
Book Rating : 4.2/5 (925 download)

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Book Synopsis Poverty in the Philippines by : Asian Development Bank

Download or read book Poverty in the Philippines written by Asian Development Bank and published by Asian Development Bank. This book was released on 2009-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the backdrop of the global financial crisis and rising food, fuel, and commodity prices, addressing poverty and inequality in the Philippines remains a challenge. The proportion of households living below the official poverty line has declined slowly and unevenly in the past four decades, and poverty reduction has been much slower than in neighboring countries such as the People's Republic of China, Indonesia, Thailand, and Viet Nam. Economic growth has gone through boom and bust cycles, and recent episodes of moderate economic expansion have had limited impact on the poor. Great inequality across income brackets, regions, and sectors, as well as unmanaged population growth, are considered some of the key factors constraining poverty reduction efforts. This publication analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. it also provides an overview of current government responses, strategies, and achievements in the fight against poverty and identifies and prioritizes future needs and interventions. The analysis is based on current literature and the latest available data, including the 2006 Family Income and Expenditure Survey.

Philippines

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1455219975
Total Pages : 39 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Philippines by : International Monetary Fund

Download or read book Philippines written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-03-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates potential growth in the Philippines using different methodologies, and discusses growth prospects for the medium term. Several approaches can be used to estimate potential growth. It also describes a forecasting and monetary policy analysis system (FPAS) model. Using the estimated parameters and distributions for the stochastic shocks, solutions are derived for the variability in inflation and the output gap under alternative monetary policy reaction functions. Further work could extend the FPAS model for the Philippines in a number of directions.

Taking the Right Road to Inclusive Growth

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9290926198
Total Pages : 207 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Taking the Right Road to Inclusive Growth by : Norio Usui

Download or read book Taking the Right Road to Inclusive Growth written by Norio Usui and published by Asian Development Bank. This book was released on 2012-04-01 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses key policy challenges that need to be addressed if the Philippines were to embark on sustainable and inclusive growth. We take the view that the main reason behind the Philippines' lagging growth and development outcomes in the regional context lies in a sluggish transformation of the economy---in particular, stagnant industrialization. Chronic problems of unemployment, poverty, and low investment are reflections of weak industrial development. The economy has been led by services, and it has been further shifting toward services with the growing business process outsourcing. Nevertheless, sole development of the services sectors is not sufficient to address the development challenges and lead to inclusive growth. We propose more targeted public sector support, which focuses on specific industries and products for industrial upgrading and diversification. This report shows a methodology of choosing products for targeted public sector support, and recommends effective dialogue between the public and private sectors to identify constraints specific to the target products and to develop adequate solutions. The Philippines needs to develop a stronger industrial base to enable the economy to "walk on two legs" of industry and modern services, to create productive job opportunities for the growing working-age population.

Philippines

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484364295
Total Pages : 42 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Philippines by : International Monetary Fund. Asia and Pacific Dept

Download or read book Philippines written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2014-08-08 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses reasons behind rise of inflation in Philippines. The paper focuses on inflation developments and the monetary policy framework in the Philippines. It employs a global latent factor model to decompose inflation into common drivers and idiosyncratic factors for a sample of 62 countries. Based on these results, it then models inflation in different regions and presents the single country, single equation model and conducts out of sample forecasts to determine consistency with the medium-term inflation target. The common factors modeling of inflation suggests that inflation in the Philippines depends on world commodity price developments and movements in the US dollar effective exchange rate. However, theory suggests that domestic cyclical conditions also matter. We assess the importance of these variables by estimating a Phillips curve augmented by world commodity prices and the nominal exchange rate for 2000–2013. Using the Akaike-Schwartz criterion, the optimal lag length is found to be four. Given the potential for serial correlation and heteroskedasticity, we use the Newey-West standard errors to find the consistent estimates.

The Philippine Economy

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Author :
Publisher : Oxford University Press, USA
ISBN 13 : 9780195158984
Total Pages : 496 pages
Book Rating : 4.1/5 (589 download)

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Book Synopsis The Philippine Economy by : A. M. Balisacan

Download or read book The Philippine Economy written by A. M. Balisacan and published by Oxford University Press, USA. This book was released on 2003 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of all major facets of the Philippine economy and development policy, this title looks to the past and to the future using approaches that are descriptive, analytical, interpretive and comparative. It assesses trends since the 1980s, identifies major policy issues, and provides a balance sheet of achievements and deficiencies.

Inclusive Growth, Full Employment, and Structural Change

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Publisher : Anthem Press
ISBN 13 : 0857285726
Total Pages : 369 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis Inclusive Growth, Full Employment, and Structural Change by : Jesus Felipe

Download or read book Inclusive Growth, Full Employment, and Structural Change written by Jesus Felipe and published by Anthem Press. This book was released on 2012-12-15 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Inclusive Growth, Full Employment, and Structural Change: Implications and Policies for Developing Asia' discusses policies to achieve inclusive growth in developing Asia, including agriculture, investment, certain state interventions, monetary, fiscal, and the role of the state as employer of last resort. Felipe argues that full employment of the labor force is the key to delivering inclusive growth. Full employment is the most direct way to improve the well-being of the people, especially of the most disadvantaged. Since unemployment and underemployment are pervasive in many parts of the region, Asian leaders must commit to the goal of full employment. The book also analyzes the region's phenomenal growth in recent decades in terms of structural transformation. Accelerating it is vital for the continued growth of developing Asia. But efforts to achieve full employment might be held back given that structural transformation requires massive labor shifts across sectors, and these are difficult to coordinate. Moreover, the goal of full employment was abandoned in the 1970s, and governments and central banks have since concentrated on keeping inflation low.

Managing Capital Flows

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 184980687X
Total Pages : 465 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Managing Capital Flows by : Masahiro Kawai

Download or read book Managing Capital Flows written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic and financial sector stability. While capital inflows can provide emerging market economies with invaluable benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision. The expert contributors cover a wide range of issues related to managing capital flows and analyze the experience of emerging Asian economies in dealing with surges in capital inflows. They also discuss possible policy measures to manage capital flows while remaining consistent with the goals of macroeconomic and financial sector stability. Building on this analysis, the book presents options for workable national policies and regional policy cooperation, particularly in exchange rate management. Containing chapters that bring in international experiences relevant to Asia and other emerging market economies, this insightful book will appeal to policymakers in governments and financial institutions, as well as public and private finance experts. It will also be of great interest to advanced students and academic researchers in finance.

Corruption, Contention and Reform

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Publisher : Cambridge University Press
ISBN 13 : 1107034744
Total Pages : 313 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Corruption, Contention and Reform by : Michael Johnston

Download or read book Corruption, Contention and Reform written by Michael Johnston and published by Cambridge University Press. This book was released on 2014 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores four types of corruption and the implications for reform, emphasizing practical ways to check abuses of wealth and power.

The Oxford Handbook of Asian Business Systems

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Author :
Publisher : OUP Oxford
ISBN 13 : 0191626554
Total Pages : 799 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Oxford Handbook of Asian Business Systems by : Michael A. Witt

Download or read book The Oxford Handbook of Asian Business Systems written by Michael A. Witt and published by OUP Oxford. This book was released on 2014-01-30 with total page 799 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the existing literature within the "varieties of capitalism " (VOC) and "comparative business systems " fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. As a result, the field has yet to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore to what extent existing theory applies to the Asian context. The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. Drawing on the deep knowledge of 32 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same consistent outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia. The Handbook is a major reference work for scholars researching the causes of success and failure in international business in Asia.

OECD Development Pathways Interrelations between Public Policies, Migration and Development in the Philippines

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264272283
Total Pages : 184 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis OECD Development Pathways Interrelations between Public Policies, Migration and Development in the Philippines by : OECD

Download or read book OECD Development Pathways Interrelations between Public Policies, Migration and Development in the Philippines written by OECD and published by OECD Publishing. This book was released on 2017-05-30 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does migration influence specific sectors – the labour market, agriculture, education and investment and financial services? How do sectoral policies affect migration? This report addresses three key dimensions of the migration cycle in the Philippines: emigration, remittances and return.

Tax Reforms toward Fiscal Consolidation

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9290924098
Total Pages : 44 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Tax Reforms toward Fiscal Consolidation by : Norio Usui

Download or read book Tax Reforms toward Fiscal Consolidation written by Norio Usui and published by Asian Development Bank. This book was released on 2011-09-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This policy note assesses tax administration measures and tax rate adjustments, two options for the Philippines' fiscal consolidation in terms of their efficiency for revenue mobilization and impacts on tax equity. Its key findings are: 1) a policy mix of a higher value-added tax and a lower corporate income tax will make the overall tax system more regressive, even if its impact on tax revenue is neutral; 2) the country's tax productivity is much lower than those of its peers in the region, which signals the presence of significant tax loopholes and weak tax administration; and, 3) there is ample room to increase excise taxes on tobacco, alcoholic products, and gasoline, without ruining the equity of the tax system. These suggest that tax administration remains a key focus of efforts for the new administration.

Sustainability Science for Watershed Landscapes

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Author :
Publisher : Institute of Southeast Asian Studies
ISBN 13 : 9814279609
Total Pages : 368 pages
Book Rating : 4.8/5 (142 download)

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Book Synopsis Sustainability Science for Watershed Landscapes by : James Roumasset

Download or read book Sustainability Science for Watershed Landscapes written by James Roumasset and published by Institute of Southeast Asian Studies. This book was released on 2010 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings from the International Conference on Sustainability Science for Watershed Landscapes held in Honolulu, Hawaii in November 2007.