IN FOCUS: Economic Policy Monitor 2015-2016

While the country decides on its new leaders, the Philippine Institute for Development Studies (PIDS) focuses its new five-year research agenda for the period 2015-2020 on risks, shocks, and building resilient systems. Ranked in the top 15 most vulnerable countries in the world, the Philippines faces a host of environmental, economic, and sociopolitical risks. Through research, PIDS intends to help build resilient systems.  Understanding risks, where they come from, and how they are connected, is essential to create the right kind of policies that will enable the country and its highly vulnerable communities acquire absorptive, adaptive, and transformative capacities.

PIDS aligns its new Economic Policy Monitor with the agenda’s theme.  Chapter 3, penned by PIDS President Gilberto Llanto, details the different kinds of risks faced by the Philippines and the policy framework for building multiple resilient systems. Currently, the narrative of building resilience is confined to disaster risk reduction and management. In truth, risks are varied and their sources are numerous. There is a gap in understanding and a gap in policy-oriented research into the deeply interconnected and evolving nature of risks. A system is necessary not only to withstand risks to growth and stability, but also to ensure that the most vulnerable are protected. The poor and the marginalized are the ones most threatened by economic instability, environmental disasters, and political crises. And because these risks are not static, but are interconnected and constantly evolving, the kind of resilient system needed must be absorptive, adaptive, and transformative. A comprehensive understanding of the risk landscapes is critical. Just as well, policy conversations have to shift from targeting the reduction of vulnerability to building resilient systems. The chapter discusses the breadth of research in resiliency at every level of Philippine society—household, community, national, political, economic, and regional levels. But further research is recommended to strengthen the policy framework. || Read more >>

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Highlights

PIDS named one of the world`s best think tanks anew

For the fourth consecutive year, the Philippine Institute for Development Studies (PIDS) has been recognized as among the world`s top think tanks.

In the 2015 Global Go To Think Tank Report and Policy Advice of the Think Tanks and Civil Societies Program (TTCSP) at the University of Pennsylvania, PIDS was included in the list of best think tanks in seven categories. More than 6,600 think tanks from 198 countries were assessed in this round.

PIDS remained the top social policy think tank in Southeast Asia and was ranked 37th among the top 100 in the world. Other think tanks from Southeast Asia that made it to this category (social policy) were Singapore`s Institute of Southeast Asian Studies (41st) and Institute for Policy Studies (53rd) and Malaysia`s Center for Public Policy Studies (66th). In 2014, PIDS also ranked 37th among 50 nominated think tanks in this category.

PIDS also maintained its rankings as among the top international development think tanks (70th out of 128) and among the top education policy think tanks (33rd out of 65).

Moreover, the Institute has been included in four new categories: best think tanks in Southeast Asia and the Pacific, best government-affiliated think tanks, and think tanks with the best external relations/public engagement program. The East Asian Development Network (EADN) Secretariat, which PIDS has been running since 2010, also made it to the list of best think tank networks. The EADN is a network of institutes and centers in developing countries of East Asia. It sponsors research and capacity-building activities for early career researchers.

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Featured Publications

WHAT IS THE IMPACT OF DEPED'S SCHOOL-BASED FEEDING PROGRAM?

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The School-Based Feeding Program (SBFP) of the Department of Education aims to address undernutrition among public primary pupils. This Policy Note summarizes the results of the impact evaluation (IE) study of the SBFP using a mixed methods approach for the school year 2013-2014. The study found, among others, inconsistencies in verbal descriptors between the nutrition status recorded in SBFP forms and nutrition status reports and the verified pre-feeding and post-feeding nutrition status computed from weight and height measurements. Thus, it recommends the need for standardized equipment for measurement of heights ... || Read more >>


RISKS, SHOCKS, BUILDING RESILIENCE: PHILIPPINES

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Building economic resilience takes center stage on this prepress version of the sixth issue of the PIDS Economic Policy Monitor (EPM). Due to overlapping shocks and risks of varied nature, there is a need to look beyond natural hazards and to acknowledge that the sources of risks are many and interconnected. Evidence points to the critical role of good policies in bolstering coping ability and in building resilient systems. In this line, this EPM presents a framework (Chapter 3) that underscores the significance of appropriate interventions by way of policies, programs, ... || Read more >>


THE PHILIPPINE ECONOMY IN 2015 AND PROSPECTS FOR 2016

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PIDS Senior Research Fellow Roehlano Briones provides an assessment of the Philippine economy in 2015 and outlook for the current year in this first issue of the DRN for 2016. Amid global and regional challenges, such as the economic slowdown in big Asian economies and the sharp drop in oil prices, he underscores the country's resiliency as exemplified by sustained economic growth, improved capital formation, and sound fiscal balance. The lack of inclusiveness, however, remains a major issue that cannot be solved overnight. But our macroeconomic fundamentals have remained strong despite various ... || Read more >>


IMPORTANCE OF ENTRANCE EXAM SCORES FOR SELECTING GRANTS-IN-AID RECIPIENTS

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The Students Grants-in-Aid Program for Poverty Alleviation (SGP-PA) is one of the initiatives of the government to break the poverty cycle by providing support to students who cannot afford tertiary education. It aims to increase the number of higher education graduates among poor households and employ these graduates in high value-added occupations. The selection of grantees is important in achieving the objective of the program. Given the thrust of the program, it is also important that the grantees have a relatively high likelihood of completing their degrees. This Policy Note ... || Read more >>


GLOBAL VALUE CHAINS

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Global value chains (GVCs) play an important role in creating a more inclusive global economy. The interconnected networks of production and services are enabling paths for small and medium enterprises to expand and grow. In a world where the costs of communication and transportation have been significantly reduced by advances in technologies, policymakers must understand how they can help local firms and industries capture and benefit from increased GVC participation. GVC success stories in various Philippine industries--tobacco, services, and electronics, among others--have evidently contributed to the country's recent positive growth ... || Read more >>


ASSESSMENT OF THE DSWD SEA-K STRATEGY

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This study assesses the effectiveness of the strategy and the complementary interventions of the Sustainable Livelihood Program`s Self-Employment Assistance Kaunlaran (SLP SEA-K). The SLP SEA-K uses a microcredit strategy to provide credit access to the poor, improve the ability of the group to borrow, and enable it to engage in income-generating activities. Microcredit services are generally believed to have a positive socioeconomic impact; however, the success of projects may depend largely on the management of the program. The authors found out that the government lacks the capacity to handle ... || Read more >>


BUILDING INCLUSIVE ECONOMIES, BUILDING A BETTER WORLD: A LOOK AT THE APEC 2015 PRIORITY AREAS

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The Department of Foreign Affairs, as chair of the Asia-Pacific Economic Cooperation (APEC) 2015 National Organizing Council Committee on Host Economy Priorities and as APEC National Secretariat, commissioned the Philippine Institute for Development Studies, through the Philippine APEC Study Center Network, to undertake research on the identified priority areas of APEC 2015 in order to gather expert analyses and insights that can serve as inputs to the various discussions during the summit as well as help advocate domestic reforms in the longer term. This two-volume publication consists of policy papers written under ... || Read more >>


PHILIPPINE JOURNAL OF DEVELOPMENT SPECIAL VOLUME ON HEALTH

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The Aquino Health Agenda of 2010 articulates succinctly the Philippine health sector's aim for universal health coverage. The agenda has three thrusts: rapid expansion of enrollment and benefit delivery using subsidies for the poorest families, improved access to quality hospitals and health-care facilities, and attainment of health-related Millennium Development Goals through additional effort and resources targeted to the most critical areas in the country. Years after the launch of the agenda, the Department of Health collaborated with key institutions to implement the Health Systems Research Management (HSRM) Project, with the Philippine ... || Read more >>



Press Releases

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ASEAN URGED TO CAPACITATE SMES THROUGH IMPROVED ACCESS TO FINANCE AND PRODUCTION NETWORKS

Despite the increasing contribution of small and medium enterprises (SMEs), particularly in terms of job generation and contribution to GDP in the Association of Southeast Asian Nations (ASEAN) region, experts argue that they remain one of the regions untapped resources. In a recent forum organized by state think tank Philippine Institute for Development Studies (PIDS), Asian Development Bank (ADB), Department of Trade and Industry, Management Association of the Philippines, and Financial Executives of the Philippines, experts concurred that a lot can still be done to unleash the potential of ... || Read more >>


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DEPED'S FEEDING PROGRAM NEEDS PROPER DOCUMENTATION -- PIDS STUDY

Inaccuracies in recorded nutrition status such as age, height, and weight measurements of children in public schools are among the major constraints that state think tank Philippine Institute for Development Studies (PIDS) encountered in assessing the effectiveness of the Department of Education's (DepED) School-Based Feeding Program (SBFP). In her presentation at a seminar organized by PIDS and the Cordillera Studies Center of the University of the Philippines (UP) Baguio, PIDS Consultant and UP Professor Ana Maria Tabunda noted that there were inaccuracies in documenting the date of activities undertaken as ... || Read more >>


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4PS SHOULD BE REFINED BEFORE INSTITUTIONALIZED -- PIDS EXPERT

In response to calls to institutionalize the government's conditional cash transfer program or the Pantawid Pamilyang Pilipino Program (4Ps), an expert from state think tank Philippine Institute for Development Studies (PIDS) stressed that the targeting of the 4Ps should first be refined to make it more effective in reducing poverty. In a briefing on the status of poverty, inequality, employment, and health in the context of social protection programs held at the House of Representatives, PIDS Senior Research Fellow Celia Reyes pointed out that institutionalizing the 4Ps will have massive ... || Read more >>


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EU MIGRANT CRISIS WONT SIGNIFICANTLY HURT OFWS -- EXPERT

The European migrant crisis will not have large, adverse effects on the Philippines, according to a Malta-based economist in a presentation at a seminar hosted by state think tank Philippine Institute for Development Studies (PIDS) last April 11. While the distance between Europe and the Philippines makes it difficult to imagine how the crisis can affect the country, the breakdown of trust among European nations and the tightening of borders put free movement in the continent at risk, while hostilities against migrants intensify. But according to Prof. Lino Briguglio of the ... || Read more >>


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POOR IRRIGATION SYSTEMS IN PH CAUSED BY WEAK PROGRAM DESIGN, MISMANAGEMENT--PIDS STUDY

With the onset of prolonged drought brought by the El Nino phenomenon, irrigation also becomes more important for cultivating crops, especially rice. The government has been investing billions of pesos yearly to develop and maintain irrigation systems. However, despite receiving close to half of the total budget for agriculture in recent years, the irrigation sector has consistently fallen short in delivering what is expected from it. According to a paper by state think tank Philippine Institute for Development Studies (PIDS) that evaluates the effectiveness and efficiency of the government's irrigation ... || Read more >>



EVENTS CALENDAR


June 15, 2016 02:00 PM
Impact Evaluation of the Health Facilities Enhancement Program

PIDS Conference Room, 18th Floor, Three Cyberpod Centris"North Tower, EDSA corner Quezon Avenue, Quezon City


June 01, 2016 09:00 AM
2015/2016 Annual Forum

Marco Polo Hotel, Ortigas Center, Pasig City



DATABASE UPDATES


May 2016
The countrys year-on-year headline inflation rate remained at 1.1 percent in April.

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February 2016
The countrys year-on-year headline inflation rate started in 2016 at a lower rate of 1.3 percent, from 1.5 percent in December 2015.

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January 2016
The country`s gross international reserves (GIR) stood at US$80.67 billion in the end of December 2015.

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