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Policy Reforms and Institutional Weaknesses: Closing the Gap

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  • Llanto, Gilberto M.
  • Gonzalez, Eduardo T.

Abstract

The promise and potential of the Philippine economy has remained unrealized notwithstanding the country`s talented labor force, skilled professionals, and relatively abundant resources. What ails the Philippines? This paper argues that the incompetence and downright corruption of Philippine institutions have much to do with the country`s dismal performance in economic growth and poverty reduction. It draws attention to the significance of effective institutional and regulatory frameworks in orchestrating the policy development process and the need to create competent institutions to nudge such process in the direction of implementing better policies, examines strategic triggers for reform while the final section explores institutions and strategies to support the policy development process.

Suggested Citation

  • Llanto, Gilberto M. & Gonzalez, Eduardo T., 2007. "Policy Reforms and Institutional Weaknesses: Closing the Gap," Discussion Papers DP 2007-07, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2007-07
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    References listed on IDEAS

    as
    1. Patalinghug, Epictetus & Llanto, Gilberto M., 2005. "Competition Policy and Regulation in Power and Telecommunications," Discussion Papers DP 2005-18, Philippine Institute for Development Studies.
    2. Raul V. Fabella, 2000. "The Soft State : The Market and Governance," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 37(1), pages 1-11, June.
    3. Epictetus E. Patalinghug & Gilberto M. Llanto, 2005. "Competition Policy and Regulation in Power and Telecommunications," Microeconomics Working Papers 22048, East Asian Bureau of Economic Research.
    4. Peter L. Smith & Bjorn Wellenius, 1999. "Mitigating Regulatory Risk in Telecommunications," World Bank Publications - Reports 11470, The World Bank Group.
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    Cited by:

    1. Apeti, Ablam Estel & Edoh, Eyah Denise, 2023. "Tax revenue and mobile money in developing countries," Journal of Development Economics, Elsevier, vol. 161(C).
    2. Ablam Estel Apeti, 2022. "Household welfare in the digital age: Assessing the effect of mobile money on household consumption volatility in developing countries," Post-Print hal-03819779, HAL.
    3. Emmanuel S. de Dios, 2011. "Institutional constraints on Philippine growth," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 48(1), pages 71-124, June.
    4. Apeti, Ablam Estel, 2023. "Household welfare in the digital age: Assessing the effect of mobile money on household consumption volatility in developing countries," World Development, Elsevier, vol. 161(C).

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