About Per SE

Commentary and research on current events and public policy by economists from the University of the Philippines
Posts tagged "industrialization"

Enabling industries to contribute more to employment

There is much talk about manufacturing resurgence in the country. The strengthening of the industrial sector is desirable in order to reverse the relative decline of industry to total output, a development observed over the last two decades.

Reforming labor policies

A major challenge for development policy is to provide more jobs, especially to the poor and the young entrants to the labor force. Job creation in the country is a festering problem, and it needs to move at a faster pace. The escape from poverty begins with a good job.

Jumpstarting industry: opportunities and barriers

There is talk these days about reindustrializing. And there are urgent reasons why. According to statistics, industry – and manufacturing in particular – has been a declining contributor to total GDP for over three decades now. From industry, jobs of greater permanence and high productivity can be generated.

How we lost the industrial manufacturing edge

One major trend in Philippine economic development is, despite rising income, the proportion contributed by industry to total output is one of relative decline. But at this stage of our development, this should not yet be the case.

Sicat interviewed by ANC

UPSE Professor Emeritus Gerardo P. Sicat was interviewed by Coco Alcuaz on the ANC program "Inside Business" on a wide range of topics.

The Philippine ‘labor surplus’ story

The impressive economic growth of East Asian countries could be explained by the labor surplus model of growth. The phrase “labor surplus” is merely descriptive and has no disapproving or judgmental significance.

Deviant behavior: a century of Philippine industrialization

[with Jeffrey Williamson] While the Philippines conformed to the world-wide unconditional industrial convergence pattern for seven decades, it began to deviate from the pack in the 1980s, leaving the industrial catching up club in 1982, never to re-enter. What were the causes of this regime switch?

Dumaguete: a ‘labor employment zone’?

Excess labor supply at the going wage rate is a major characteristic of the Philippine economy. This statement is ekonomikspeak to describe a situation when many workers cannot find employment. “Excess labor supply” is a widespread phenomenon in the country.

Skills, migration, and industrial structure in a dual economy

A comparative-static model describes the decline of manufacturing in the face of rising overseas employment through a mechanism other than the Dutch Disease. Instead it is competition for skilled labour and the relative ease in producing skills that affect the size of the manufacturing sector, including its employment of unskilled labour.

Why is manufacturing being neglected?

In his speech at the Euromoney Philippine Investment Forum on Monday, President Aquino unveiled three priorities of his administration: agriculture, tourism, and infrastructure. I agree with the priorities, but why is manufacturing not mentioned? Manufacturing, whose share to total economic output is almost twice that of agriculture, is and could be a major contributor to...

Philippine economic history through the perspective of ‘institutions’

The key words employed to analyze economic and political institutions and policies in the book Why Nations Fail by Acemoglu and . Robinson, could help shed light on Philippine history. Relative to our neighbors, we fell behind but it is possible to catch up.

Domestic industry: lessons from ‘exclusive’ economic nationalism

All nations exercise some form of economic nationalism. The economic nationalism that is practiced in our country and implemented even to this day in our economic policies is a form of “exclusive” nationalism in which foreign enterprises are essentially seen as competitors rather than as partners in development.