Comparative Saving Behavior of Rural and Urban Households in the Philippines

Marginal saving rates for the Philippine households are estimated, distinguishing between rural and urban households, by region and by income group. At a given income level, rural households generally save more, both on the average and on the margin. This contrasts with the higher savings rate for urban households in various regions, attributable for their higher incomes. Marginal savings rate for rural households are higher than for their urban counterparts. Faster growth of rural income need not result in lower aggregate savings.agriculture sector, income, rural sector, savings

Comparative Saving Behavior of Rural and Urban Households in the Philippines

Marginal saving rates for the Philippine households are estimated, distinguishing between rural and urban households, by region and by income group. At a given income level, rural households generally save more, both on the average and on the margin. This contrasts with the higher savings rate for urban households in various regions, attributable for their higher incomes. Marginal savings rate for rural households are higher than for their urban counterparts. Faster growth of rural income need not result in lower aggregate savings.agriculture sector, income, rural sector, savings

Micro Impacts of Macroeconomic Adjustment Policies (MIMAP): Phase II (Integrative Report)

The Micro Impacts of Macroeconomic Adjustment Policies research project has stemmed out of the concern that policy measures implemented to correct serious economic imbalances and induce the economy to efficiency and sustainable growth may have unanticipated and differential welfare impact at the household and firm level. This paper is an integrative report of seven principal investigators on the following areas: macroeconomic analysis, agriculture sector, natural resources and environment sector, industrial informal sector, social services sector, government regulations and monitoring. It reports and integrates the major findings of these studies. It also draws on information/results of related studies to complement the findings of the research on hand.MIMAP, macroeconomic adjustments

A Study of the Export Financing System in the Philippines

How much support is the Philippine government giving to its export sector by means of its financing schemes? Are the small and indirect exporters given preference or assistance? How supportive is the entire export financing system in the country to the attainment of an export-driven development strategy? These questions are the primary concern of this paper. Based on a survey sample of seven commercial banks, it examines the various components of the Philippine export financing system. A review of the Philippine trade policies and its export profiles is provided.financial market, financial economy, financial sector, export commodities, financial services

Micro impacts of macroeconomic adjustment policies (MIMAP) : a framework paper and review of literature

There has never been a decade when the Philippine economy did not experience a crisis. By this time, Filipinos should have already been accustomed to crises, that any crisis in sight should not be cause for any concern. However, the nature and gravity of economic crises have changed lately and this merits more serious attention, as shown in Figure 1. In the 1970s, economic growth fluctuated within a narrow band, but growth was generally positive and relatively high by LDCs'1 standard. In the 1980s, however, economic growth fluctuated widely and became negative for two consecutive years. What worsened the situation was that growth appeared to have decelerated fast in the last two years, with a great possibility of going down further if no measures would be taken to reverse the trend

Comparative Saving Behavior of Rural and Urban Households in the Philippines

Marginal saving rates for the Philippine households are estimated, distinguishing between rural and urban households, by region and by income group. At a given income level, rural households generally save more than urban households, both on average and at the margin. This contrasts with the higher average saving rates for urban households in the various regions, attributable to their higher incomes. The estimated marginal saving rates for rural households in many regions are found to be higher than their urban counterparts. In the context of agriculture-based development, faster growth of rural incomes need not result in lower aggregate savings.urban management, rural sector, savings

A review and appraisal of the government response to the 1983-84 balance-of-payments crisis

The 1983-84 Philippine balance-of-payments crisis affected all sectors of the economy and all segmentsof society as it manifested itself in the growing unemployment and underemployment problems, in the all-time high inflation rates, and in the unprecedented contraction of the economy. Many studies have been conducted and published about the underlying causesof the economic crisis, but few have looked into the government's response to it, as well as into the impact of this responseon such concernsasgrowth, employment and inflation. This study attempts to document and critically evaluate the various stabilization measuresadopted by the Philippine Government in responseto the 1983-84 balance-of-payments crisis. A number of research fellows and consultants at the Philippine Institute for Development Studies have combined their efforts and expertise, and put together this comprehensive and objective examination of the measures adopted by the Government as a direct reaction to the crisis and of their effects on the growth prospects of the economy in the short and medium term. It is hoped that this Monograph will provide useful insights into Philippine economic planning and policy making