DSGE policy tool adapted by Bangko Sentral yields biased insights 340.0

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 [...]

Political Science is natural limit to a joyful journey of synthesis 337.0

Political science seems the natural limit to an enjoyable journey of synthesis that started with innovation. For an emerging market, I always believed that Government has a big role to play in catch up development. This is proven especially by the success of our neighbors in East Asia. The question is more about how to [...]

Crises cracking globalization along the varieties of capitalism 336.0

Varieties of capitalism is a line of inquiry in political science for describing capitalism’s broad brush based on the elements that make it work. Professor July Teehankee of La Salle introduced the approach to me by recommending the Hall and Soskice book pictured below left. Other than Cuba and North Korea, most of the world [...]

Innovation Policy supplies the dynamism for inclusive development 333.0

In the immediately previous post on October 4, Inclusive development needs an innovation and entrepreneurship policy, I introduced a definition of inclusive development. I argued that the two solutions suggested by static analysis and equilibrating snapshot from macroeconomics – public-private partnership focused on infrastructure as target for investment and conditional cash transfer as safety net [...]

Creativity lessons from Miles doing a year of shopping from her closet 326.0

Studying Miles’s new blog, “365 Days of Shopping … In My Own Closet,” refreshed my learnings on creativity. Miles was a former student in entrepreneurial finance. This discovery led to a Facebook conversation on creativity that I re-post below and a new friendship as the teacher becomes the student. Miles’s creativity sparkles in her blog [...]

SYNTHESiST will focus on innovations at the margin 321.0

I have not been actively posting on SYNTHESiST for three weeks though I have continuously “curated” articles about innovation, development and change and shared links at SYNTHESiST on Facebook every day. From the US, new books with new insights on innovation systems and development are coming few and far between. Most were published before the [...]

Social Innovation in Campaign Finance to Boost the Art of Associating 313.0

Quietly, many groups are working for better political institutions like campaign finance and program-based political parties as social innovations in the Philippines. I attended a high-powered symposium yesterday – except for the absence of representatives from the key constituency of political parties – on Increasing Transparency in Campaign Finance. Symposiums like these are done to [...]

SYNTHESiST Migrates to Nuffnang for Online Ads from Google Adsense

SYNTHESiST has shifted ad provider to Nuffnang from Google Adsense. Without explanation, Google stopped ad service to SYNTHESiST. I have tried to reach anybody for an explanation but I could not find an address that was human to communicate. SYNTHESiST itself is not designed as a commercial blog but one for advocacy and enriching the [...]

Leontief Prize Winners have Much to Share with the Philippines 299.0

The Leontief Prize has been awarded by the Global Development and Environment Institute (GDAE) at Tufts University since 2000 for: outstanding contributions to economic theory that address contemporary realities and support just and sustainable societies. The Leontief Prize winners say many things that are relevant to the Philippines. I first noticed that I had written [...]

Business Model Innovation to Adapt to Web Technology Is Synthesistic!

Business model innovation to add a Web-based component to the business strategy, at the level of firms, is proof that SYNTHESiST’s appreciative theory of development works. Adapting the business model is co-evolution while the Web is comprised of general purpose technologies that, with the right organization structure, enable innovation. With continuous interaction between this two [...]

SYNTHESiST Refines for Better Focus – Content – Experience – Reach 294.0

Fast changes in Google search and Facebook social graph technologies dictate continuous learning of new skills and techniques for SYNTHESiST. On top of these internal changes, I have put in place changes to refine its focus, content, experience and reach to better serve her community – a relentless challenge indeed. I am sharing on a [...]

Working on an Appreciative Theory of Economic Change and Development 293.0

Here’s a story of passion and hard work(-in-progress)! (Note: As a work around on the technical constraint between posts and pages in the template, this Post links to the Working Paper that summarizes the status, as work-in-progress, of an appreciative theory of economic change and development for emerging markets.) Please click on this link to [...]

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