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Volume 12, Number 2
This issue explores key economic and trade dynamics shaping the Philippine economy, covering topics such as bilateral trade,...
Volume 17, Number 1
This issue presents a set of studies examining key economic sectors and policy frameworks in the Philippines. One...
Volume 18, Number 1
This issue presents a range of studies on macroeconomic frameworks, trade policies, financial systems, and policy interventions affecting...
Volume 20, Number 2
This issue examines key economic and policy issues affecting the Philippines, including trade valuation systems, international credit perceptions,...
Volume 22, Number 1
This issue examines key economic and policy issues shaping Philippine development, from capital inflows and debt valuation to...
Volume 22, Number 2
This issue delves into critical aspects of economic cooperation, trade liberalization, and policy coordination within the Asia-Pacific Economic...
Volume 23, Number 1
This issue examines key challenges and opportunities within the Asia-Pacific Economic Cooperation (APEC) framework, focusing on trade liberalization,...
Volume 24, Number 1
This issue examines key economic policies shaping the Philippine financial and trade landscape, with a focus on microfinance...
Volume 24, Number 2
This issue explores the economic and environmental challenges facing the Philippines, covering trade liberalization, sustainable forestry, poverty assessment,...
Volume 25, Number 1
This issue examines critical economic and policy challenges shaping the Philippines, focusing on financial sector reforms, foreign direct...
Volume 25, Number 2
This issue explores key economic and policy challenges in Southeast Asia, with a focus on Metro Cebu’s water management, investment...
Volume 26, Number 1
This issue explores key economic and policy challenges in Southeast Asia, with a focus on Metro Cebu’s water...
Volume 27, Number 1
This issue explores key economic and financial topics, including credit guarantee programs, market power in local trade, and...
Volume 28, Number 1
This issue explores key economic and policy challenges in the Philippines, ranging from biotechnology’s role in agriculture to...
Volume 28, Number 2
This issue delves into critical economic and policy challenges, including regional trade expansion, environmental impacts of trade liberalization,...
Volume 30, Number 1
This issue examines critical economic policies and sectoral challenges shaping the country\'s growth. The volume opens with an...
Volume 31, Number 1
This issue presents in-depth analyses of key economic and policy challenges shaping the Philippines and Southeast Asia. One...
Volume 32, Number 1
This issue presents empirical studies on economic policies, household welfare, and market dynamics in the Philippines and beyond....
Volume 35, Number 1
This issue presents research on trade liberalization, economic vulnerability, aquaculture, and macroeconomic policy, offering valuable insights into their...
Volume 39, Numbers 1–2 (Special Volume on ASEAN Economic Community)
This special volume of the Philippine Journal of Development (PJD) is devoted to discussions and analyses of issues...
Volume 21, Numbers 1 and 2
This issue presents analyses on sociology, economic policies, gender studies, and sustainable development, offering insights into the evolving landscape of...
Financial Liberalization: What Have We Learnt?
This article attempts to study the Philippine experience with financial liberalization. In particular, it examines the impact of interest rate...
Review of Structural Adjustment in the Philippines
This article has been delivered during the Central Bank Diamond Jubilee celebration on November 21,1988. It reviews the issues of...
Rent-Seeking Public Policies and Corporate Conduct in the Philippine Flour Milling Industry
Results of relative welfare analysis conducted in this paper indicate that a large proportion of welfare losses in the past...
EC 1992: Its Impact on Trade and Investment in the Philippines
One of the recent European developments is the plan of creating a single market implying the removal of obstacles to...
Liberalization in Directed Credit Programs for SMEs
To evaluate the effectiveness of approaches to improve policies toward the development of small and medium enterprises, this article assesses...
Assessment of the Financial Market Reforms in the Philippines, 1980-1992
Early 1980s has seen series of reforms in the Philippine financial system having improved financial intermediation as the general objective....
GATT-UR and Philippine Agriculture: Facts and Fallacies
GATT-UR provisions on agriculture have been most controversial. Its ratification depends on the establishment of adequate “safety nets” to protect...
Policy-Based Lending Programs in the Philippines
Despite deregulation of the financial markets such as liberalization of foreign bank entry and branching, the government continues to directly...
Adjusting to the New Trade and Environmental Paradigm: The Case of the Philippines
The story of the Philippine environment during the past two decades is one of growing stress and resource degradation that...
Visions for Philippines 2000: The Challenge of Economic Restructuring Toward Sustained Economic Growth
Within the context of “NIC-hood,” this paper advances that the country and the government should understand and situate the parameters...
Modeling the Effects of the MFA Liberalization on Philippine Clothing Trade
Opinions about the Multi-Fibre Agreement (MFA) vary not only between importers and exporters but also within these groups depending on...
International Labor Migration and Its Implications in the APEC Region
This paper identifies some of the key issues confronting the Asia-Pacific member-economies that arise from the discussions in the APEC...
U.S. Interests and Asia-Pacific Cooperation
As APEC provides venue for exploiting trade and investment gains in an integrated market, it allows the U.S. to strengthen...
Achieving Effective Trade liberalization in APEC: The Trade Limitations of “Open Regionalism”
Until there is a substantial degree of consensus over the strategic issues and a greater body of work on the...
Comparative Tariff Policies of ASEAN Member Countries
Contrary to earlier findings, tariffs in most favored nations have significantly declined by as much as 51 percent since 1986....
Financial Reform and Development in the Philippines, 1980-1997: Imperatives, Performance and Challenges
This paper discusses financial reform and development in the Philippines during the past one and a half decades and the...
U.S. Investors’ Response to Philippine Capital Market Liberalization: Evidence from the First Philippine Fund
This paper investigates the impact of liberalization of international investment restrictions in the Philippines on the discounts of the First...
Effect of Trade Liberalization in the Short-Grain Japonica Rice Market: A Spatial-Temporal Equilibrium analysis
Serious attention has always been bestowed on the stability of food markets. The government has acted on these issues through...
Currency Devaluations, Product Pricing and Trade Deficits
This paper explains why currency movements and trade volumes, while theoretically related, have minimal effect on each other, in practice....
An Analysis of the Structure of the Philippine Retail Food Industry
The enactment of Retail Trade Liberalization Act of 2000 (RA 8762), which liberalizes the Philippine retail trade business, was not...
Liberalization and Regional Integration: The Philippines’ Strategy for Global Competitiveness
The paper examines the policies pursued by the Philippines in response to the increasing economic integration and interdependence of nations...
Looking Beyond AFTA: Prospects and Challenges for Inter-regional Trade
The world-trading environment has witnessed the proliferation of regional trading arrangements during the last decade. This development has been accompanied...
Environmental Impact of Trade Policy Reforms on Pollution Intensity
The paper attempts to provide a theoretical analysis as well as some indicators of the linkage between trade policy and...
Liberalization and Deregulation in the Domestic Shipping Industry: Effects on Competition and Market Structure
The author, at the outset of her study on shipping transport, rightly states the importance of this industry in an...
Analyzing the Impact of Trade Reforms on Welfare and Income Distribution Using a CGE Framework: the Case of the Philippines
Trade liberalization--particularly tariff reduction, which is the focus of this paper--triggers changes in both sectoral price ratios and domestic-foreign price...
Who Are Opposed to Free Trade in the Philippines?
In a democratic country, economic policies succeed or fail depending on the political support they receive. Open trade policies that...
Can Imports Discipline Collusive Firms?: The Case of the Philippine Cement Industry
Applying a conjectural variations (CV) model introduced by Haskel and Scaramozzino (H&S model 1997), the paper examines the impact of...
Factors Affecting Use or Nonuse of Free Trade Agreements in the Philippines
Within East Asia, the outward-oriented Philippine economy is a latecomer to using free trade agreements (FTAs) as a trade policy...
A Review of Social Insurance in the Philippines
This paper aims to review and assess the protection afforded by the Social Security System (SSS) and the Government Service...
Managing the ASEAN Economic Integration Process in the Philippines: An Assessment of Progress in Trade Liberalization and Facilitation
This paper is part of the Philippine study for the Mid-Term Review (MTR) of the ASEAN Economic Community (AEC) Blueprint,...
Services Liberalization in the Philippines: A Capacity Needs Assessment for AEC 2015
The paper aims to assess and determine the capacity-building needs required to liberalize trade in services in the Philippines. Through...
Investment Liberalization and Facilitation Toward AEC 2015
The paper examines the state of investment liberalization and facilitation in the Philippines and suggests policy measures to enable the...
The Impact of Trade Liberalization and Economic Integration on the Logistics Industry: Maritime Transport and Freight Forwarders
The ASEAN Economic Community (AEC) Blueprint targets an ASEAN single market in 2015. This is an ambitious reform agenda that...
Dominant Supplier Approach to Liberalizing Trade in APEC Environmental Goods
If member-economies of the Asia-Pacific Economic Cooperation (APEC) are to implement the APEC environmental goods (EGs) initiative, how should they...
Domestic Resource Cost in Philippine Agriculture: Measuring Global Competitiveness of Key Commodities
A well-known indicator of comparative advantage is domestic resource cost (DRC). This study provides updated estimates of DRC for major...
The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics.
P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd