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Posted by m beduya on December 22, 2011 · Leave a Comment
DSGE is the newest type of policy analysis tool adapted by the Bangko Sentral(BSP). It complements the existing set of econometric models it uses as aids in policy making, particularly inflation targeting. Its quite-a-mouthful and technical long name is Dynamic Stochastic General Equilibrium. As with the Corden and Neary framework that BSP analysts used in [...]
Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Innovator Peso · Tagged with Bangko Sentral, DSGE, Dynamic Stochastic General Equilibrium, emerging markets, ergodicity, inflation targeting, Innovator Peso, microfoundations, Philippines, SYNTHESiST, ucas critique
Posted by m beduya on July 10, 2011 · 1 Comment
Finance Secretary Cesar Purisima listed the “structural” reforms in the Aquino Administration’s program for economic change in a recent BusinessWorld Online article, Gov’t sets higher growth target for 2012, on June 18, 2011: The government has to pursue structural adjustments — investments in infrastructure, reforms to boost competitiveness and simplified regulations to reach the realistic [...]
Posted by m beduya on March 26, 2011 · 1 Comment
Yesterday, McKinsey published Global cities of the future showing the 600 cities that will account for more than 60% of global GDP growth by 2025. From the article, I derived McKinsey’s current thinking behind the report – a disturbing though not surprising insight to me – that Manila will stay a laggard among its peer [...]
Filed under Discovering economic locomotives and attaining competitiveness through modern industrial policy, Geographic Clusters - ASEAN, Sectors, Regions and Cities · Tagged with China, co-evolution, Dani Rodrik, India, Indonesia, industrial policy, innovation systems, Joseph Schumpeter, Manila, McKinsey, Philippines, productivity, Vietnam
Posted by m beduya on December 20, 2010 · 1 Comment
None of the five pillars in President Noynoy Aquino’s first Medium-Term Philippine Development Plan (MTPDP), that is being drafted as I write this post, addresses the needed social innovation in Institutions to improve competitiveness for the Philippines. Other than as based on Professor Cantwell’s capabilities, competitiveness is also defined differently by other folks. These definitions [...]
Filed under Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems, Social Innovation · Tagged with co-evolution, competitiveness, Douglass North, innovation, innovation systems, institutions, Philippines, productivity, Social Innovation
Posted by m beduya on December 5, 2010 · Leave a Comment
The 2010 IBM Global Location Trends report was the sole basis for self-congratulating articles in Philippine newspapers who played up the positive on business support services. Indeed, we have much to be proud about the success of the IT-enabled contact center industry, as source of export dollars and employment, thus far. Note: I did have [...]
Filed under Adjacencies in Value Chains - Business Model x Technology · Tagged with business process outsourcing, emerging markets, India, India Tata, industrial policy, knowledge economy, Nano, outsourcing, Philippines, productivity, ship crewing
Posted by m beduya on December 2, 2010 · Leave a Comment
With its publication earlier today of the details of what the New York Times reported as “Fed Papers Show Breadth of Emergency Measures” as first released by the Federal Reserve, the Fed proves itself again to be the gold standard among central banks. A Dual and often contradictory Charter. As with the Bangko Sentral ng [...]
Posted by m beduya on November 21, 2010 · 2 Comments
In December 1986, the Center for Agriculture and Rural Development (CARD) Inc. was organized as a social development foundation to address the growing poverty incidence in depressed communities in Regions IV and V. From the beginning, CARD sought to achieve this goal by turning poor, landless, rural women into an army of entrepreneurs by granting [...]
Filed under Innovation and Entrepreneurship, Social Enterprise and Innovations, Social Innovation · Tagged with CARD MRI, co-evolution, GLOBELICS, Grameen, inclusive development, India, innovation for the poor, microfinance, Muhammad Yunus, Philippines, Sectoral innovation systems
Posted by m beduya on November 20, 2010 · 1 Comment
Economic growth, especially those that add net value-added or productivity, is of special interest to emerging markets as they provide a general improvement in living standards for all citizens. This economic growth is the foundation on which the special case of catch-up, that I wrote about in the preceding post, rests. Catch-up happens when governments, [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems · Tagged with Bengt-Ake Lundvall, catch-up, DUI-Learning, Economic growth, emerging markets, evolutionary economics, GLOBELICS, innovation, innovation systems, Joseph Schumpeter, Kenneth Arrow, Nathan Rosenberg, neoclassical economics, Paul Romer, Philippines, productivity
Posted by m beduya on November 12, 2010 · 6 Comments
The Malaysian Palm Oil Board (MPOB) is the only example I know of a continuing triumph from one of the emerging markets that resulted to global leadership via government-private sectoral innovation systems among ASEAN countries. Philippines back story. Sadly, for the Philippines, Malaysia’s continuing success in implementing growth in total area planted to oil palm [...]
Filed under Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Discovering economic locomotives and attaining competitiveness through modern industrial policy, Geographic Clusters - ASEAN, Sectors, Regions and Cities, National Innovation Systems · Tagged with ASEAN, co-evolution, coconut oil, emerging markets, industry clusters, innovation systems, Malaysia, palm kernel oil, palm oil, Philippines, productivity, Sectoral innovation systems
Posted by m beduya on September 20, 2010 · Leave a Comment
I read The Jesuits in the Philippines, 1581-1768, (1961, Harvard) by Horacio de la Costa, S.J. over the weekend. After a year of looking for a copy in local bookstores – from John Nery’s effusive recommendation in a blog post and seeing a second-hand one for US$91.80, I finally found a copy I could afford [...]
Filed under Books and Journals, Social Innovation · Tagged with Ateneo, Benedict Anderson, Horacio de la Costa, Institute of Social Entrepreneurship in Asia, Jesuits, Jose Rizal, Lisa Dacanay, Mark Ruiz, Philippines, Reese Fernandez, Social Innovation, Society of Jesus
Posted by m beduya on September 9, 2010 · 5 Comments
My hometown, Ozamiz City, is in the news again. But for not so good a reason. Over the years, she has gained a reputation for organized crime such that, like political violence ascribed by the military almost on a proforma basis to the NPA, any crime conveniently chalked up to the “Ozamiz Group,” like the [...]
Posted by m beduya on September 8, 2010 · Leave a Comment
This is the third in a series of reports on the top ten Philippine websites by Alexa as of Sept 8 after the second on May 23 and the first on Feb 19. Overall, it is still the same mix of buy-and-sell, news, entertainment, job hunting and Cebu Pacific, the airline that I think has [...]
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