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| What`s in Store for the Philippine Economy in 2008?
2007 is indeed a notable year for the Philippines in terms of economic growth. Can this performance be sustained in 2008? PIDS President Dr. Josef Yap provides another forecast in this issue. His discussion on what`s in store for the Philippine economy in 2008, however, focuses more on key economic issues instead of the usual detailed discussion of performance and prospects.
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How Do Filipino Families Use the OFW Remittances? Being one of the world`s largest recipients of overseas workers` remittances, the question is often asked as to how Filipino recipient families make use of these remittances. How do they spend them? Do they make investments at all? On a broader scale, how can the Philippines harness these inflows for development? This Notes looks into these concerns.
Can the Services Sector Be an Engine of Economic Growth for the Philippines? With the services sector outpacing the Philippines` manufacturing sector in terms of growth and contribution to the country`s GDP, is it prudent for the government to "abandon" the manufacturing sector and shift its policy in support of the services sector as the engine of economic growth for the Philippines? This Policy Notes emphatically says "no" and highlights the arguments against such policy shift.
Nontariff Measures Faced by Philippine Agriculture Exporters When the GATT and the WTO effectively managed to bring down world tariffs on goods, free trade could have ideally been close at hand. However, in place of tariffs, nontariff measures (NTMs) began to sprout, resulting in the same outcomes of higher prices and lower trade volumes. This Notes discusses how these NTMs affect the performance and prospects of Philippine agriculture exports.
IRA Design Issues and Challenges The internal revenue allotment or IRA is meant to help in correcting for the imbalance in the revenue-raising capacities and expenditure needs of various LGUs. However, there are issues in the design of the IRA in the Philippines that need to be addressed if it is to serve as an effective instrument in solving said imbalance.
Industrial Agglomeration and Industrial Policies: The Philippine Experience DP 2008-13
Consumption, Income, and Intergenerational Reallocation of Resources: Application of NTA in the Philippines, 1999 DP 2008-12
Have Lifecycle Consumption and Income Patterns in the Philippines Changed between 1994 and 2002? DP 2008-11
CARP Institutional Assessment in a Post-2008 Transition Scenario: Reforms for the Agrarian Justice System DP 2008-10
Benefit Incidence Analysis of Public Spending on Education in the Philippines: A Methodological Note DP 2008-09
Benefit Incidence of Public Spending on Education in the Philippines DP 2008-08
Managing Capital Flows: The Case of the Philippines DP 2008-04 (revised)
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PIDS In The News
Making good use of BSP’s cooperation, Manila Times, 17 March 2008
RP smitten by Dutch disease–PIDS, Manila Times, 13 March 2008
‘Dutch Disease` seen slowing growth, Philippine Daily Inquirer, 13 March 2008
Latest Press Releases
Increased budget for education to benefit the poor—PIDS study (1/21/2008)
PIDS study calls for BOT law overhaul (12/12/2007) Seminar Updates
Roundtable Discussion on CARP Institutional Assessment in a Post-2008 Transition Scenario, C.P. Romulo Hall, NEDA Bldg., Makati City, 2008-05-07 Co-sponsors: FAO, World Bank 5th Meeting of the Track Two Study Group on CEPEA, Renaissance Hotel, Makati City, 2008-04-18 Co-Sponsors: JETRO, BITR-DTI Inauguration of the PIDS Corner at the Cagayan State University, Tuguegarao City, Cagayan, 2008-04-04 Dissemination Forum on Prospects for 2008 Economic Development and Local Fiscal Governance, Tuguegarao City, Cagayan, 2008-04-03 Co-sponsors: NEDA 2 and PCCI Region 2 Chapter Database Updates
May, 2008
The poverty incidence of families went up from 24.4 percent in 2003 to 26.9 in 2006. In terms of population, it went up to 32.9 from the estimate of 30 percent.
The 11.4 percent acceleration in the annual adjustments in the prices of the heavily weighted food, beverages and tobacco (FBT) items raised the year-on-year headline inflation rate in the Philippines to 8.3 percent in April from 6.4 percent in March. This was the highest inflation rate since May 2005 (8.5%).(NSO)
Composite Index ended at 1,905.97 for the month of March. This is lower compared to last February`s 1,921.16.
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