IDEAS home Printed from https://ideas.repec.org/p/eab/develo/21928.html
   My bibliography  Save this paper

Financing the Millennium Development Goals : The Philippines

Author

Listed:
  • Rosario G. Manasan

Abstract

The improving fiscal situation in the Philippines presents an opportune time for the government to re-assess the resource requirements of achieving the MDGs and to exercise greater vigilance in ensuring that the MDGs benefit from the fiscal space that has been created. In response, this study updated and expanded the earlier study on the financing of MDGs that was completed in 2002. In particular, it estimated the financial requirements needed to achieve Goals 1, 2, 4, 5, 6, and 7; compared the resource requirements with the funding level that is likely to be made available to determine the funding gap for each of these goals under alternative macro and sectoral policy scenarios; taking existing NG-LGU expenditure assignment into account, arrived at a consolidated estimate of total general government resource requirement and resource gap in financing the said MDGs; and proposed how resources can optimally be managed, referring to both operational efficiencies and institutional arrangements, so as to maximize their effectiveness. The estimates obtained from this study highlight the fact that the Philippines cannot afford to be complacent and act as if it is business as usual. It cannot be denied that the policy thrusts embodied in the MTPDP are supportive of the attainment of the Millennium Development Goals. In addition, the government, in general, and many government agencies, in particular, have already started to implement many policies, strategies and programs that are to enhance the achievement of the MDGs. These policies, strategies and programs will have to be sustained or pursued with greater vigor. But beyond this, there is a need for further improvements in other policy areas and institutional arrangements.

Suggested Citation

  • Rosario G. Manasan, 2007. "Financing the Millennium Development Goals : The Philippines," Development Economics Working Papers 21928, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:develo:21928
    as

    Download full text from publisher

    File URL: http://www.eaber.org/node/21928
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Arsenio M. Balisacan & Ernesto M. Pernia, 2001. "Probing Beneath Cross-National Averages: Poverty, Inequality, and Growth in the Philippines," UP School of Economics Discussion Papers 200111, University of the Philippines School of Economics.
    2. World Bank, 2000. "Philippines - Growth with Equity : The Remaining Agenda - A World Bank Social and Structural Review," World Bank Publications - Reports 15142, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beja, Jr., Edsel, 2009. "The Philippines on debt row," MPRA Paper 16553, University Library of Munich, Germany.
    2. Yap, Josef T. & Cuenca, Janet S. & Reyes, Celia M., 2009. "Impact of the Global Financial and Economic Crisis on the Philippines," Discussion Papers DP 2009-30, Philippine Institute for Development Studies.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aniceto C. Orbeta, 2006. "Poverty, Vulnerability and Family Size: Evidence from the Philippines," Chapters, in: John Weiss & Haider A. Khan (ed.), Poverty Strategies in Asia, chapter 6, Edward Elgar Publishing.
    2. Takahiro Akita & Sachiko Miyata, 2020. "Urban and Rural Dimensions of the Role of Education in Inequality: A Comparative Analysis between Indonesia, Myanmar, and the Philippines," Working Papers EMS_2020_04, Research Institute, International University of Japan.
    3. Gilberto M. Llanto, 2016. "Philippine Infrastructure and Connectivity: Challenges and Reforms," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 243-261, July.
    4. Michael R. Cabalfin & Josef T. Yap, 2008. "Sustainable Development Framework for Local Governance," Governance Working Papers 22619, East Asian Bureau of Economic Research.
    5. Ernesto M. Pernia & Janine Elora M. Lazatin, 2016. "Do Regions Gain from an Open Economy?," UP School of Economics Discussion Papers 201602, University of the Philippines School of Economics.
    6. Arturo Martinez Jr. & Mark Western & Michele Haynes & Wojtek Tomaszewski, 2015. "How Income Segmentation Affects Income Mobility: Evidence from Panel Data in the Philippines," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 2(3), pages 590-608, September.
    7. Andres,Luis Alberto & Biller,S. A. Dan & Herrera Dappe,Matias, 2014. "Infrastructure gap in South Asia : inequality of access to infrastructure services," Policy Research Working Paper Series 7033, The World Bank.
    8. Antonio Estache, 2010. "A survey of impact evaluations of infrastructure projects, programs and policies," Working Papers ECARES 2010_005, ULB -- Universite Libre de Bruxelles.
    9. Manasan, Rosario G., 2007. "Financing the Millennium Development Goals: The Philippines," Discussion Papers DP 2007-06, Philippine Institute for Development Studies.
    10. Rana Hasan & Lan Chen, 2003. "Trade and Workers: Evidence from the Philippines," Economics Study Area Working Papers 61, East-West Center, Economics Study Area.
    11. Seetanah, B. & Ramessur, S. & Rojid, S., 2009. "Does Infrastructure Alleviates Poverty in Developing Countries?," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 9(2).
    12. Llanto, Gilberto M., 2012. "The Impact of Infrastructure on Agricultural Productivity," Discussion Papers DP 2012-12, Philippine Institute for Development Studies.
    13. Arturo Martinez Jr. & Mark Western & Michele Haynes & Wojtek Tomaszewski, 2014. "Is there income mobility in the Philippines?," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 28(1), pages 96-115, May.
    14. Solita C. Monsod and Toby C. Monsod, 2003. "Philippines: Case Study on Human Development Progress Towards the MDG at the Sub-National Level," Human Development Occasional Papers (1992-2007) HDOCPA-2003-09, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    15. Sajjad Ali Khan, 2013. "Decentralization and Poverty Reduction: A Theoretical Framework for Exploring the Linkages," International Review of Public Administration, Taylor & Francis Journals, vol. 18(2), pages 145-172, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eab:develo:21928. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Shiro Armstrong (email available below). General contact details of provider: https://edirc.repec.org/data/eaberau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.