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Volume 17, Number 2

Abstract

This issue explores key economic themes, from household savings behavior to macroeconomic policies and industry evaluations, offering insights into financial stability, trade policies, and agricultural development. A study on Philippine household savings estimates marginal saving rates across rural and urban households, income groups, and regions. Another article employs the Box-Jenkins ARIMA technique to forecast the Philippine money multiplier, providing implications for monetary policy. Export promotion policies are revisited considering East Asian success stories, with a first-best recommendation to overhaul the country’s protection structure. Meanwhile, a theoretical model is introduced to analyze the Philippines’ balance of payments crises and devaluation experiences, evaluating the costs and effectiveness of devaluation as a policy tool. This volume also presents an evaluation of the coconut industry, the country’s most significant crop.

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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