Template-Type: ReDIF-Article 1.0 Author-Name: Edita A. Tan Title: Inflation in Developing Member Countries of ADB Abstract: This paper is a comparative dexriptive analysis of inflation in the Asian region. It looks at the level and movement, as well as the auses, of inflation in each ADB member country. The inflation rate is found to be generally low and double digit levels occurred only intermittently ue to external shocks and climatic changes that adversely affected agricultural output. Monetary variables appear not to be a cause of the inflation spurts experienced. China and Vietnam's high inflation experience is taken to be temporary and results from the structural transformation of their economies. Journal: Philippine Review of Economics Pages: 107-122 Volume: 27 Issue: 2 Year: 1990 Month: December File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/267/745 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:107-122 Template-Type: ReDIF-Article 1.0 Author-Name: Manuel F. Montes Author-Name: Joseph Y. Lim Author-Name: Agnes R. Quisumbing Title: The Possibilities of Sustainable Growth in the Philippines: A Three-Gap Analysis Abstract: This paper presents a three-gap model that allows the writers to do exercises which will determine how much foreign inflows (or reduction of foreign outflows) will be required to sustain a satisfactory growth rate for the Philippines given the binding foreign exchange and fiscal constraints. The result show that using the 1988 structure of the economy, the Philippines would need much more foreign exchange inflows than have been forthcoming to sustain a 5 percent or higher growth rate. Journal: Philippine Review of Economics Pages: 123-149 Volume: 27 Issue: 2 Year: 1990 Month: December File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/268/746 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:123-149 Template-Type: ReDIF-Article 1.0 Author-Name: Nitai C. Nag Title: Macroeconomic Effects of Currency Devaluation: A Case Study of Bangladesh Abstract: The hypothesis of contractionary effects the devaluation have been tested within the help of a small macroeconometric model of the economy of Bangladesh. Although highly contractionary supply-side effects are observed, devaluation has been found to expand output modestly through the demand side. Devaluation, however, improves the current account of the balances of payments. A devaluation cum credit contraction improves trade balance; however, the accompanying hazards are contraction in output, consumption, investments, export, and import on the one hand, and an alarming high proportionate rise in price level, on the other. In other words, devaluation-cum-credit-contraction is stagflationary. The redistributive effects of a stereotype devaluation0based stabilization policy may prove to be destabilizing for a very poor country. The best policy option should not be maxi-devaluation but unceasing vigilance of the policy authority so as to correct any tendency of the currency towards being overvalued. The latter in turn would require well-synchronized and mutually consistent macroeconomic policies. Journal: Philippine Review of Economics Pages: 150-170 Volume: 27 Issue: 2 Year: 1990 Month: December File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/269/747 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:150-170 Template-Type: ReDIF-Article 1.0 Author-Name: Maria Socorro H. Gochoco Author-Name: Raburn M. Williams Title: A Duopoly Theory of Government Money Production: The 1930s and 1940s: A Comment Abstract: This study suggests that the bureaucratic perspective provide a framework compared with the public interest perspective from which to interpret the behavior of the FED and the Treasury in the 1930s and 1940s. It also applies some basic tenets of monetary theory to refute the assertions of some regarding the conduct of monetary policy in that period. Journal: Philippine Review of Economics Pages: 171-176 Volume: 27 Issue: 2 Year: 1990 Month: December File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/270/749 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:171-176 Template-Type: ReDIF-Article 1.0 Author-Name: Eduardo T. Gonzales Title: Rural-Urban Migration: Urban Unemployment and Rural Urban Disparties in the Philippines Abstract: In the Harris-Todaro model, a demand-augmenting policy, to the extent that it raises job probabilities, and, hence, the positive urban-rural income differential has the effect of stimulating a higher migration flow from the countryside, even in the face of massive urban unemployment. This papers attempts to verify empirically the validity of the model in explaining Philippine rural-urban migration. The results indicate a strong monotonic relationship between urban-rural income differential and migration propensity, suggesting that urban unemployment have no deterrent effect on rural-urban migration. While urban employment expansion remains a valid policy, it is apparent that output can be increased only if the supply of labor to urban areas is slowed down and reabsorbed in alternative employment in agriculture. Journal: Philippine Review of Economics Pages: 177-207 Volume: 27 Issue: 2 Year: 1990 Month: December Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:177-207 Template-Type: ReDIF-Article 1.0 Author-Name: Orville Solon Title: De Facto Tenure and the Allocation of Land Among Squatters Abstract: The hypothesis here is that the risk of eviction which squatters in a given area face largely determines the nature of property conventions that abate the state of initial conflict arising from contending claims over illegally occupied land. This is examined by analyzing the two most commonly observed land allocation mechanisms in squatter settlement. Journal: Philippine Review of Economics Pages: 208-226 Volume: 27 Issue: 2 Year: 1990 Month: December File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/272/751 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:208-226 Template-Type: ReDIF-Article 1.0 Author-Name: Author Title: Code of Ethics for Filipino Social Scientists Abstract: no abstract Journal: Philippine Review of Economics Pages: 227-230 Volume: 27 Issue: 2 Year: 1990 Month: December File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/631/750 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:27:y:1990:i:2:p:227-230