This fourth issue of the PIDS Economic Policy Monitor (EPM) focuses on the need to pursue inclusive growth through the expansion of quality job opportunities. It revisits the jobs issue and provides recommendations on how to address it, taking into consideration the socioeconomic and political landscape and historical experience of the Philippines. The theme chapter looks into the causes of the economy`s failure to generate substantial and quality job opportunities by examining the effectiveness of minimum wage and other labor regulations to determine if they are growth and welfare enhancing. The study finds that raising the minimum wage reduces employment in smaller firms, lowers household income, and increases the probability of falling into poverty. Along with recommendations for a minimum wage reform, expansion of gainful job opportunities from the labor-intensive manufacturing sector, and greater investments in education and other human development aspects, the study proposes a 12-point agenda called "Job Expansion and Development Initiatives" or JEDI.
INTERNATIONAL CONFERENCE ON IMPACT EVALUATION, 1-5 SEPTEMBER 2014, ADB HEADQUARTERS, MANILA, PHILIPPINES
"Making Impact Evaluation Matter: Better Evidence for Effective Policies and Programmes", an international conference being organised by ADB, 3ie and PIDS, will take place on 3-5 September. It will be preceded by 2.5 days of preconference workshops on 1-3 September. All activities will be held in ADB. There will be five to six streams of preconference workshops and up to eight streams of parallel sessions, allowing for over 150 presentations. Speakers for the plenary sessions will include distinguished international figures from the field of impact evaluation.
Presentation and workshop proposals are invited on all aspects of impact evaluation, including findings, methods, and translation of evidence into policy.
To download the Call for Papers, go to http://impactevaluation2014.org/wp-content/uploads/2014/05/Call-for-Papers1.pdf
The deadline for submission of proposals is 3 July 2014. Submissions should be made in MS Word format via email to firstname.lastname@example.org.
It is mandatory to register online to take part in the conference-whether you are presenting or not. To register, go to http://impactevaluation2014.org/registration/.
There is no registration fee for nationals of low- and middle-income countries who are currently employed by a government or local nongovernment agency (not an international agency) in a low- or middle-income country.
Bursaries (courtesy of USAID) are available for participants from low- and middle-income countries. A bursary will cover return economy airfare and hotel accommodation. All other expenses (ground transport, visa, meals outside the event) must be paid by the participant or their employer. Preference will be given to bursary applicants who have a paper or workshop accepted for the conference.
For those in the Philippines, a limited number of bursaries are available for participants outside of Metro Manila.
More details about this event are available at http://impactevaluation2014.org/.
An Overview of the PIDS-CHED Graduate Tracer Study 2013
The need for reliable and timely information of the employment destinations and conditions of the graduates of higher education institutions (HEIs) in the country and the market relevance of their college education/trainings cannot be overemphasized especially with the persistent concern noted by some sectors on the mismatches between labor market specifications and the competencies gained by graduates. To gather empirical evidence to validate these observations, the Commission on Higher Education (CHED) has conducted the Graduate Tracer Study 2013 (GTS 2013). Now on its fourth round, this study will revisit past experiences in the conduct of the survey as well as look at some of the key considerations that will be taken in this round. In particular, key conceptual and methodological considerations are highlighted to show how GTS 2013 will be of particular benefit to policymakers and higher education professionals alike.
To view previous Highlights please click here
PRICE AND POOR USE OF FERTILIZERS THREATEN PH AGRI SECTOR
Large discrepancies in the commercial price of fertilizers and the sub-optimal application of fertilizer of farmers are major challenges that threaten the Philippine agricultural sector. Study author Dr. Roehlano Briones, senior research fellow of state think tank Philippine Institute for Development Studies, identified two significant challenges facing the sector agriculture in regards to fertilizer sector---inefficient fertilizer marketing
GRADUATE EDUCATION PROGRAMS SHOULD ADDRESS PH DEVELOPMENT NEEDS
Philippine graduate education system is critical to serve the country's development goals. This was stressed in a research paper published by state think tank Philippine Institute for Development Studies (PIDS). It is necessary to determine if the graduate education programs in the country contribute to the skills and competencies needed in the labor market, said Mira Alexis Ofreneo, author of the study and PIDS research consultant. Moreover,
NATIONAL SCIENTIST CALLS FOR `TECHNOLOGY-EXPLICIT` DEV`T AGENDA
A `technology-explicit` development agenda is needed to increase productivity and foster inclusive growth, according to one of the country`s top scientists. Dr. William Padolina, president of the National Academy of Science and Technology and member of the board of trustees of the Philippine Institute for Development Studies (PIDS), made the call in his keynote address during the annual Symposium and General Assembly of the Philippine APEC Study
AEC OPPORTUNITIES MUST BE SEIZED, NOT FEARED
The ASEAN Economic Integration (AEC) offers immense business opportunities that both the government and the private sector must exploit to fully benefit from its advantages. This was underscored in a regional forum on the ASEAN Economic Community organized by the National Economic and Development Authority (NEDA) Regional Office 9 with the participation of state think tank Philippine Institute for Development Studies (PIDS) and the Department
COMPETITION POLICY NEEDED FOR PHL RICE AND TRANSPORT SECTORS
A competition policy for the rice and passenger transport sector is needed to encourage innovation and prevent cartels. This was stressed in a national reference group meeting organized by state think tank Philippine Institute for Development Studies (PIDS) with the Consumer Unity and Trust Society (CUTS) International based in Jaipur, India, and the Action for Economic Reforms (AER) and attended by various sector leaders. PIDS Senior Rese
SERVICES SECTOR NEEDS NATIONAL VISION
The Philippine services sector needs an articulated and comprehensive national strategy to maximize its potentials as a growth engine for the economy. In the National Workshop on Services organized by state think tank Philippine Institute for Development Studies (PIDS) and the Department of Foreign Affairs (DFA), experts and stakeholders from the private and public sectors underscored the need for a more focused national strategy for services
PHL CAN BE ASIA`S VALUABLE BRAND IN SERVICES TRADE
The Philippines has vast potentials to be the heart of services trade in Asia Pacific. A study authored by Dr. Ramonette Serafica, research consultant of state think tank Philippine Institute for Development Studies (PIDS), underscores the vast opportunities left untapped in the services sector. The services sector has significantly contributed to the Philippine economy in increasing employment, investment, and revenue generation. It repre
PHILIPPINE ECONOMY TO BENEFIT FROM EU RECOVERY
Recovery in the European Union (EU) will boost the Philippine economy given strong trade and investment relations between the two. In a recent forum organized by state think tank Philippine Institute for Development Studies (PIDS), Prof. Lino Briguglio of the Department of Economics, University of Malta, noted that "economic conditions in the EU are likely to have an effect on the Philippine economy, given that the EU is an important trade pa
RICE PRICE SPIKE LAST YEAR DUE TO LOW IMPORTS
Blaming rice cartels for price manipulation cannot be considered a definitive explanation of last year's rice price hike. Sharp drop in imports is a more logical and evidence-based explanation, according to a study by state think tank Philippine Institute for Development Studies (PIDS). Written by Dr. Roehlano Briones, PIDS Senior Research Fellow, and Ivory Myka Galang, PIDS Research Analyst, the paper cited the inadequacy of supply starting
"BIG DATA" POSE CHALLENGES AND OPPORTUNITIES TO PHL
Various digital data by-products from electronic devices, social media, search engines, sensors, and tracking devices (including climate sensors and global positioning systems or GPS) - also known as Big Data - have developmental uses. A paper by Dr. Jose Ramon Albert, senior research fellow of state think tank Philippine Institute for Development Studies (PIDS), stressed that Big Data can complement traditional data sources in relation to th