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In this volume, a leading group of scholars pose the question, has the Philippine economy rejoined the dynamic East Asian mainstream and, if so, what set of policies and priorities are required to maintain the strong economic momentum of recent years? Successive chapters address issues related to growth and poverty, infrastructure and urbanization, education, health, the environment, energy, development finance, and governance and institutions. The book has been written with a broad audience in mind. First and foremost it is for readers in, and interested in, this fascinating and important country with a population that now exceeds a hundred million. Second, it will appeal to those in the broader development community with an interest in the analytical and policy challenges that democratic, middle-income countries face as they struggle to lift their citizens out of poverty and to achieve broad-based and environmentally sustainable growth.
Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.
"Cross-border Partnerships in Higher Education is a welcome addition to the academic literature on the scope and impact of international partnerships in a very dynamic higher education market. Robin Sakamoto and David Chapman should be congratulated for this excellent contribution that can guide higher education institutions all over the world in thinking more strategically and achieving better results as they engage in cross-border partnerships."--Jamil Salmi, Tertiary Education Coordinator, The World Bank, Washington, DC.
“This collection of essays provides a wealth of information and analysis about the Philippine economy and the role of agriculture and economic policy in it. The Philippine experience has been quite different from the highly successful Asian economies, with a long period of low growth until the turn of the century and only then greater success. The authors cover not only the Philippine experience but also place it in its Asian context and that of developing countries more generally. They report on the lessons learned, both positive and negative, from the various economic policies that have been adopted, with regard to both agriculture and to economic inequality. Those interested in Philippine economic development, and Asian development more broadly, will find this an important reference work.”—Anne O. Krueger, Senior Research Professor, Johns Hopkins School of Advanced International Studies; 1st Deputy Managing Director, IMF (2001-6); Vice-President of Economics and Research, World Bank (1982-86)
For several decades, fast-growing East Asia has been the envy of the developing world. Not only has East Asia outperformed all other regions of the world, but it also recovered surprisingly swiftly from the 1997–98 Asian financial crisis and the 2008–09 global financial crisis. Nevertheless, investment in the region remains subdued relative to pre-Asian crisis levels. Are current investment rates too low and, given greater investment, could the region grow even more rapidly? This book brings together a rich array of papers analyzing the determinants of, and impediments to, investment and growth. It discusses a range of issues bearing on investment and development. The chapters cover dome...
Critical economic analysis of agricultural development and modernization strategies in Asia - analyses the economic policy of the green revolution and its effects on the peasantry, particularly in the Philippines; explains how land reform and agricultural credit can be hostile to peasant farmers; examines the role of agribusiness and credit policies which support its expansion; discusses the rural area poverty and rural employment aspects, including the role of ILO, World Bank and ADB. Bibliography.