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The Philippine Institute for Development Studies (PIDS) is a nonstock,nonprofit government research institution engaged in long-term, policy-oriented research. It was established on September 26, 1977 by virtue ofPresidential Decree No. 1201.

PIDS is envisioned to be a development policy “think tank” for planners,policy- and decisionmakers in government. In serving this role, PIDS hastapped and encouraged the existing reservoir of research resources inthe Philippine academic community to become productive in researchlines considered by PIDS to be of high priority, without drawing themaway from the academic and research institutions where they arebased. It has likewise built its inhouse research staff.

Through the Institute’s activities, it is hoped that policy-oriented research on social and economicdevelopment can be expanded to assist the government in planning and policymaking.

THE INSTITUTETHE INSTITUTETHE INSTITUTETHE INSTITUTETHE INSTITUTE

TABLE OF CONTENTS

The Institute 1The President’s Report 2Research and Research-Related Activities 3Philippine APEC Study Center Network 9Research Dissemination and Utilization 10Management Information 16PIDS Provident Fund 18PIDS Employees’ Association 20

AnnexesA Board of Trustees 22B Management Committee 23C Research Fellows 24D Affiliated Institutions and Individuals 26E Media Exposure 26F Audit Certificate 29G Balance Sheet 30H Statement of Income and Expenses 31I Statement of Cash Flows 32J Directory of Key Officials 33

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The Philippine economy displayed remarkable resilience in 2005.Despite the adverse effects of El Niño, the sharp rise ininternational fuel prices, and the fallout from the latest politicalturmoil, the economy managed to post a GDP growth rate of 5.1percent. I strongly believe the Philippine Institute for DevelopmentStudies possesses the same degree of resilience, if not more.Throughout its 28 years of existence, PIDS has grown and expandedits influence in the area of policy research, overcoming manyobstacles and constraints in the process.

A milestone was reached this year as Dr. Mario B. Lamberte retiredfrom the Institute and I assumed the position of Presidentbeginning April 1, 2005. I intend to finish the programs that Mariobegan and carry on his legacy of excellence, hard work, anddedication to rigorous policy research. The theme of this year’sDevelopment Policy Research Month in September was “ServicesIndustry: Growth Driver for Economic Competitiveness”. It reflectsMario’s keen sense of anticipation and foresight as the servicessector is the most dynamic growth area in the global economy. Thisis another trait that I wish to emulate.

In terms of major accomplishments, PIDS has continued itsmandate to produce and disseminate policy studies. In 2005, the Institute, among others, finalized its latest 5-yearResearch Agenda (2005-2009) and had the honor and privilege to have co-hosted with the National Bureau of EconomicResearch (NBER) the 16th annual gathering of the prestigious East Asian Seminar on Economics (EASE) series whichwas being held in the Philippines for the first time.

During the year, too, the Institute, by virtue of a Memorandum of Agreement (MOA) with the National Economic andDevelopment Authority (NEDA), was appointed by the NEDA as the administrator of the NEDA sa Makati Buildingalong Amorsolo Street, Makati City. This is where the PIDS offices are housed.

One area where PIDS will continue to be active is in the study of economic integration and cooperation, particularly inEast Asia. There have been a growing number of conferences and studies on East Asian regional integration in the pastseveral years and we are honored to be the lead agency in the Philippines for the East Asia Development Network andthe Network of East Asia Think Tanks. This dovetails with our role as Secretariat of the Philippine APEC Study CenterNetwork.

The Philippines faces great challenges and exciting prospects in the next few years. PIDS aims to be at the forefront incrafting appropriate development policies in order for the economy to maximize the benefits from the evolvingopportunities. As President of the Institute, I am confident that I will have the same degree of resilience as mycountrymen in leading PIDS during these interesting times.

THE PRESIDENT’STHE PRESIDENT’STHE PRESIDENT’STHE PRESIDENT’STHE PRESIDENT’SREPORTREPORTREPORTREPORTREPORT

JOSEF T. YAP, Ph.D.President

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COMPLETED STUDIES

Social Sector Reform

Rental Housing for Low-Income Households in thePhilippines

The study examined the rental housingmarket in the Philippines and provided possible policyoptions for a viable rental scheme for low incomehouseholds. Rental housing is now seen as a vitalcomponent in accommodating large number offamilies in developing countries. In the Philippines,specifically Metro Manila, the increase in urbanpopulation through both migration and naturalincrease, has been absorbed to a large extent by therental market. There is thus a need for the governmentto reexamine its policy on rental housing.

Development of New National Health AccountsMatrices

The overall objective of the project was tocome up with the Health Expenditure ProjectionModel and Manual for use by the National StatisticalCoordination Board (NSCB) and the Department of

Health (DOH). Personnel from NSCB and DOH weretrained on the use of the projection model. A manualwas prepared to serve as guide to producers and usersof health expenditure projections.

Research activities carried out under the project:Health Expenditure Estimation Methodologies,Manual Preparation and Training and Developmentof Guiding Framework

RESEARCH ANDRESEARCH ANDRESEARCH ANDRESEARCH ANDRESEARCH ANDRESEARCH-RELRESEARCH-RELRESEARCH-RELRESEARCH-RELRESEARCH-RELAAAAATEDTEDTEDTEDTED

ACTIVITIESACTIVITIESACTIVITIESACTIVITIESACTIVITIES

The year 2005 marked the beginning of the Philippine Institute forDevelopment Studies’ five-year research agenda for the period 2005 to2009. The Institute ended the year with a total of 52 projects, exploringissues in (a) social sector reform, (b) competitiveness and competitionpolicy, (c) modernizing Philippine agriculture, (d)macroeconomicmanagement in the globalized setting, and (e) policy analysis andplanning tools and monitoring systems. Of these, 30 projects werecompleted, the results of which are targeted for publication in 2006 and2007. Most of the remaining 22 projects are expected to be completedin the first semester of 2006.

As a continuing component project of PIDS, the Philippine APEC StudyCenter Network (PASCN) completed a total of 15 research studies andfunded 5 thesis and dissertation grants. While forthcoming researchactivities are currently on the drawing board, 4 ongoing projects areexpected to be concluded by next year.

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Private Sector Health Expenditure Projection,Manual Preparation and TrainingPublic Sector Health Expenditure Projection,Manual Preparation and TrainingData Compilation and Health Expenditure Estima-tion

Impact of Fiscal Restraint on Budgetary Allocations forWomen’s Program

The study reviewed the gender-differentiatedeffect of macroeconomic policies by examining theimpact of persistent revenue shortfalls on the part of thenational government in 1997-2003 on the budgetallocations for programs that support gender equalityand women’s priority public services in selecteddepartments—Department of Health (DOH),Department of Agriculture (DA), Department of SocialWelfare and Development (DSWD), and Department ofEducation (DepEd). The analysis included groupingthe agencies’ programs, activities and projects (PAPs)into gender-relevant categories and tracking the impactof the overall contraction of national governmentexpenditures on the expenditure obligations for theseexpenditure categories.

Competitiveness and Competition Policy

Impact of Liberalization on Services (this study hasfive components)

Information & Communication Technology

The study concluded that any policy tool andrecommendation dwelling on the promotion ofcompetition through deregulation, liberalization,interconnection and convergence in ICT mustultimately be evaluated in light of their ability tonarrow the digital divide. The ability of users to access theICT is also another area policymakers must consider.Policies must promote a high degree of accessibility to

the “infrastructure” by promoting competition,interconnection and convergence in the ICT sector.

Research on Education Services

For the Philippines to be competitive in the educationservices sector, what is needed, among others, is astrong political vision and the will to see the visionthrough. With clear focus, Hong Kong, China, andSingapore have strengthened the capabilities of theirlocal universities by engaging in cross-bordertransactions. This clear focus is absent in the country.Also absent is the cooperative relationship betweenand among lawmakers, the executive branch and thebest academic minds in the country.

Business Process Outsourcing

This study looked at the sustainable development ofBusiness Process Outsourcing (BPO) in thePhilippines. It was prompted by the spectacular growthin several of BPO sub-sectors, including contact callcenters, medical transcription, animation, and softwaredevelopment. Doubts about the sustainability of thishyper-growth situation are however increasingly beingfelt, as the industry experiences difficulties inmeeting the demands of the market. Key issues includethe availability of qualified manpower.

Medical and Health Related Services

The optimal policy rule that can be obtained from thefindings of this study is that equity objectives in theallocation of health resources in the Philippines canbe made consistent with locational efficiency if oneworks within the market forces that move in favor of theconcentration of these resources. The theory of the“new economic geography” has given a basis for thecurrent distribution; input-output linkages indeedplay a major role in the clustering of hospitals incertain regions of the country.

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Broad Overview & Institutional Study ofDecisionmaking Process in Service Negotiation

The study specifically aimed to present an integrativeand comprehensive report on all the specific servicessectors included in the main project and to comparethe decisionmaking process for service negotiations inthe Philippines with that of other trading partners,especially Japan, the US, EU, and a few ASEANcountries.

Audio Visual Services Industry

The study is an industry analysis of the audiovisualservices sector, specifically the film and televisionindustry in the Philippines. It discussed theimportance of the sector in the economy andemployment, its strengths and weaknesses, regulationsthat affect it, and the competitive forces that influencethe key participants. The study also discussed thetechnological developments such as digital technologythat are changing the mode of delivery andconsumption of audiovisual services.

Trade and the Environment: Another Look at theIssues

The study pointed out that it is indeed ideal to adoptboth an open trade policy and good environmentalpolicy. The conflict arises as a result of the failure ofpolitical institutions to address environmentalproblems, especially those of a global nature whichrequire a concerted effort to solve (WTO 1999). It is nottrade per se which would lead to the “race to bottom” inthe environmental regulations. It is more of the lack ofawareness or prioritization of the environment as well asthe laxity and incapability in the implementation ofexisting mechanisms that would have detrimentaleffects on the environment, no matter what kind oftrade policy regime exists.

Trade Policy Monitoring

The project is a continuing activity of the Institute. Itinvolves the continuous updating and databasebuildup of information pertaining to trade and policyindustry analysis. The data are catalogued andorganized in such a way as to: (a) facilitate themonitoring of reforms; (b) document changes for easyuse in policy analysis; (c) serve as data bank for accessby other researchers and policymakers; and (d)organize historical data for easier reference.

Experience of Crisis-Hit Asian Countries: Do AssetManagement Companies (AMCs) Increase MoralHazard?

The study was an attempt to examine the performancesof Asian AMCs. Analysis revealed that the AMCs varysignificantly in their design and performances.Empirical examination of the Thai experience ofAMCs revealed that the moral hazard–inspired banklending resulted in creating more new non-performingloans (NPLs) in the case of public AMCs. On the otherhand, the new centralized AMC, the Thai AssetManagement Company (TAMC), decreases the newNPL ratio, suggesting that the TAMC provokes noadverse moral hazard effect on financial institutions.

Institutional Study on Trade Policy Institutions

While acknowledging that effectiveness innegotiations is only a part and offshoot of a workingpolicymaking infrastructure, this study stresses thatgood preparation is the key to a successful tradenegotiation and the foundation/locksmith is adequateresearch capacity. It thus highlighted the role ofnonstate actors and research institutions in theprocess.Modernizing Philippine Agriculture

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Comprehensive Assessment of the PhilippineAgricultural Extension System: Phase 2

Legal and Institutional Aspects of AgriculturalDelivery Systems in the Philippines

The study argued that the country’s agriculturalextension system has evolved differently from that ofthe experiences of western developed countries andJapan. This is mainly because extension in thePhilippines served a very different purpose. In thePhilippines, agricultural extension served as aninstrument to implement government developmentprograms, mostly rural development programs.

Strengthening Social Science and Policy Research forPhilippine Agricultural Fisheries

Contractual Arrangements in Agriculture –Mindanao

The main activities of this project were to collect datathrough key informants on various agriculturalcontracts and related information involved in theproduction, marketing and processing of rice, selectedvegetables, mangoes, bananas, pineapple, livestockand poultry and fishery in Mindanao; consolidate data

collection by other members of the AgriculturalContracts Team (ACT) for bananas/pineapple/poultry;and analyze the implications of various contractingarrangements in these industries on efficiency, equityand sustainability.

Development of a Qualitative Analysis (Module 3Aand 3B) Training Syllabus for Research Methods forSocial Science

The project involved the development of trainingmanuals (Modules 3A and 3B) for research methods inSocial Sciences specifically on qualitative analysis ofresearch methods focusing on participant/ non-participant observation. In addition, the project also

participated in the design of pre-training and post-training assessment instruments to ensure effectivenessof said manuals.

Development of a Quantitative Analysis (Module 1)Training Syllabus for Research Methods for SocialScience

The project developed a training syllabus for researchmethods in Social Science specifically on surveysampling methods. In addition, it developed a designfor pre-training and post-training assessmentinstruments to ensure effectiveness of the said syllabus.

Land Market Study

Land and Credit Contracts in Land Reform Areas(Survey Component)

The study completed the conduct of a survey as well asthe encoding of the accomplished questionnaires of 4villages located in Muñoz, Nueva Ecija which arecovered by the Land Reform Program.

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Rice and the Filipinos

The Rice that Filipinos Grow and Eat

This study analyzed the changes that rice has gonethrough in the past 100 years. Here, the richness of thecrop as a genetic material and resource is revealed.Landrace rice, pureline selection rice, crossbred rice,semidwarf rice, hybrid rice, new plant type rice,designer rice - from the traditional to modern tofuturistic - rice becomes all of these while traversingtime in the Philippines.

Rice and Philippine Politics

Using a political economy perspective, the studyestablished the strong relationship between rice andpolitics and explained recent developments in thePhilippine rice landscape. Results of the analysisshowed that the price of rice has been a significantdeterminant in election results since the 1950s, withthe exception of 1998, where despite stable prices, thecandidate from the incumbent administration failed towin the presidential elections.

Rice in the Filipino Diet and Culture

This study dealt with a basic question: How central isrice to the Filipino, what are the implications forunderstanding the way we approach and regard riceand what do they indicate about Filipino culture? Toanswer this question, it focused on the structuralposition of most Filipinos vis-à-vis rice. The studyargued that, at present, most Filipinos relate to rice asconsumers rather than as producers. From thatperspective, the study explored certain culturalpractices that may shed light on the role of rice inFilipino culture.

A Century of Rice Innovations

Rice innovations are technologies and practicesextensively adopted so as to change productionpractices and productivity. The study documented the

changes in rice productivity, policy and institutions inthe last 100 years and identified the technologicalchange that may have affected rice productivity.

The Evolution of Rice Production Practices

The study presented a summary of the evolution ofmajor practices in rice production over the last 100years in the country. These practices essentiallyevolved out of the changes in the varieties introducedand planted by Filipino farmers, which have to changethe manner by which production and postharvestoperations have to be done in order to maximizeproductivity and reduce costs.

The Determination of Contracts in AgriculturalEconomies

The study aimed to develop a model that will explainthe determination of contracts found in diverseagricultural households and examined theimplications of these changes with respect to theirefficiency, distribution and sustainability.

Macroeconomic Management in aGlobalized Setting

Special Purpose Vehicles (SPVs) and InsolvencyReform

The study focused on the legal environment,particularly the insolvency system, that wouldinfluence the success of Philippine Special PurposeVehicles (SPVs), also known as asset managementcompanies (AMCs) in other countries. The paperdiscussed the features of the SPV Act, the pace of badasset transfers to SPVs, the current rehabilitationprocedures, and the proposed legal bankruptcy reformsthat would affect the effectiveness of SPVs.

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Policy Analysis and Planning Tools andMonitoring Systems

Revised Indicator System for PIDS and GIS

The IDS-GIS Staff has continued updating theEconomic and Social Database of the Instituteaccording to the updates coming from various dataproducers. One of the developments made was theaddition of poverty statistics using the newgeographical classification and the new methodologyas released by the National Statistical CoordinationBoard. The Staff has also included the number ofreported rape cases in the Crime Statistics portion. Themost important development that was made was theestablishment of a client-server database system inreplacement of the text files that used to be uploadedin the old database. This time, the group hopes toinstall a real database. (This is a continuing activity ofthe Institute.)

ONGOING STUDIES

Social Sector ReformPoverty Profile using 2003 FIESThe Southeast Asian Human Development Report(SEA HDR) - PIDS serves as the Research ManagerImpact of Regional Economic Integration on HumanDevelopment

Land Reform Program: Tasks Ahead

Competitiveness and Competition PolicyOverview Article on Services TradeA Bird’s Eye View of Technology Contribution toEconomic DevelopmentAn Assessment of Technology Development in theGarments Industry:Post MFA Phase-out

Contribution of Services to Output Growth andProductivity in Philippine Manufacturing

Modernizing Philippine Agriculture

Operationalizing the Social Science & PolicyResearch, Development and Extension (RDE)Network

Agriculture Technology, Governance and Productiv-ityThe Role of Extension in Local AgriculturalDevelopment: The Case of Dalaguete, CebuThe Role of Extension in Local AgriculturalDevelopment: The Case of Ubay, Bohol

Extension System in a Poultry and Swine-BasedFarming Community:The Case of San Jose, BatangasEffectiveness of the Delivery of Agricultural Exten-sion System: The Case of a Municipality in Davaodel Sur

GIS as a Tool to Prioritize Tropical Fruits Researchand Development Projects (GIS-Based Characteriza-tion & Research Prioritization Phase II)

Using GIS as a Tool to Prioritize Tropical FruitsResearch and Development Projects (Mindanao)

The Hybrid Rice Program: Structure, Conduct andPerformanceManaging Rice Knowledge

Macroeconomic Management in aGlobalized Setting

Analysis of the President’s Budget for 2006Who Benefits from Government Social Spending

Policy Analysis and Planning Tools andMonitoring System

Bridging the Gap Between Seasonal Climate Fore-casts and Decisionmakers in Agriculture

Developing a Research Program for Statistics forPolicy Research

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COMPLETED PROJECTS

From January – December 2005, fifteen (15) researchstudies have been completed by four (4) PASCNresearch teams. Eleven of these projects are from theRP-US FTA Research. One study was completed fromthe Islamic Impact of Globalization project and twofrom the Governance and Globalization researchprojects. The Integrative Report for the Food SecurityResearch Project was also finished this year,completing the studies in the said project which willsoon be released as a book volume.

RP-US FTA Research ProjectOverall Framework and Integrative ReportThe Politico-Strategic Dimension of the US Proposalfor an FTAImplications of the RP-US Free Trade Agreements onthe Philippine Financial Services Industry

Issues and Prospects on the Movement of NaturalPersons in the Philippine-American EconomicRelationsAssessing the Competitiveness of the PhilippineElectronics IndustryAssessing Logistics: Readiness of the PhilippineGarments IndustryExpanding RP-US Linkages in IT Related Industries:BPOs, Medical Transcription, Contact Centers,Software and Animation

Intellectual Property Rights Protection: Prospects andIssuesAgricultural Trade Between the Philippines and theUS: Status, Issues and Prospects

Impact of a Philippines-US FTA: The Case of thePhilippine Agriculture

WTO Related Concerns: Government Procurement,Competition Policy and Remedies

Effect of Global Economic Liberalization onManufacturing Industries in Muslim Areas

Governance and GlobalizationGlobalization, Redemocratization and the PhilippineBureaucracyGlobalization or Glocalization? Experiences in theLocal Philippine Context

Food Security, Agricultural Efficiency and APEC:Integrative Report; and BT Corn in the Philippines:How Much Will Farmers Expect to Gain

ONGOING PROJECTS

RP-US FTA Research ProjectAn Analysis of Existing and Potential US FTAs andDefining the Philippine Strategy for NegotiationSpecific Legal Issue on the Proposed Philippine-USFTA: Politico-Legislative Perspective

Governance and GlobalizationE-governance: Assessment of Philippine CitiesGlobalization, Governance and the Philippine State(Integrative Report)

THE PHILIPPINE APEC STUDYTHE PHILIPPINE APEC STUDYTHE PHILIPPINE APEC STUDYTHE PHILIPPINE APEC STUDYTHE PHILIPPINE APEC STUDYCENTER NECENTER NECENTER NECENTER NECENTER NETTTTTWORK (PWORK (PWORK (PWORK (PWORK (PASCN)ASCN)ASCN)ASCN)ASCN)

The Philippine APEC Study Center Network (PASCN) is aregular component project of the PIDS established by virtueof Administrative Order No. 303 issued by President Fidel V.Ramos on 23 November 1996 as the Philippines’ responseto the APEC Leaders Education Initiative (ALEI). The PASCN’sestablishment is particularly relevant to one of ALEI’scomponents which calls for the promotion of APEC-relatedstudies and greater exchange of scholars and studentsamong institutions of higher learning in the region.

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Publications and Circulation

Print titles

Five new books were added to the Institute’scontinuously growing collection of publications, oneof which was launched during an annual conference ofthe co-publisher, the Agricultural Credit PolicyCouncil (see photo below). Box 1 provides adescription of the new releases for 2005.

The Institute also released nine issues of the PolicyNotes (PN) Series during the year. Some of the topicstackled in these issues include the competition policyin the port sector, the Japan-Philippines economicpartnership agreement, impact of fiscal restraint onthe budgetary allocations for women’s programs,assessment of who benefits from public subsidies inhealth care, strengthening research capacity forpolicymaking and negotiations, and the boom in freetrade agreements.

Eight issues of the Institute’s bimonthly, semi-technical newsletter, Development Research News (DRN),also came out—the fourth and fifth issues for 2004 andthe complete set of issues for 2005. The issuescontained articles on the economic forecast for 2005,asset management companies, contingent liabilities,

rental housing, trade and investment under aglobalized setting in Muslim Mindanao, and thePhilippine services industry with focus on businessprocess outsourcing, information and communicationtechnology, and health tourism services. It alsofeatured the issues and challenges of the proposed RP-US free trade agreement and its implications for theagriculture and garments sector, issues and prospectson labor migration and human capital development,and the agreement’s politico-strategic dimension.

A new issue of the Philippine Journal of Development wasreleased in 2005. One of the articles featured in thisissue is of relevance to the Institute since it answers

RESEARCH DISSEMINARESEARCH DISSEMINARESEARCH DISSEMINARESEARCH DISSEMINARESEARCH DISSEMINATIONTIONTIONTIONTIONAND UTILIZAND UTILIZAND UTILIZAND UTILIZAND UTILIZAAAAATIONTIONTIONTIONTION

The Research Information Staff (RIS) is the PIDSdepartment in charge of marketing the researchoutputs of the Institute to promote their utilization andencourage dialogues between researchers andvarious sectors, especially the policymakers, onissues pertinent to said research outputs. To carryout this task, the department handles and maintainstwo programs, namely, the Publications andCirculation program, and the Public Affairs program.The Library Services unit of the Institute is an integralpart of the Publications and Circulation program.

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why the wealth of insights and recommendations it hascontributed for more than two decades have nottranslated into enhanced developmental outcomes.Another article discusses the issue of establishing, asmany countries have done, an independent revenueauthority for the Philippines. The issue also contains a

review of the trend in population and poverty,comparing the population and development betweenthe Philippines and Thailand over the last 40 years,and discussing the theoretical links betweenpopulation and poverty as well as the empiricalevidence, and finally its implications for policy. Thereis also an article in this issue that explains thelinkages between monetary policy and growth, usingthe cases of South Korea, the Philippines, andThailand with short-term interest rates as mainindicator. The final article carries out an interestingand uncommon analysis of economic transition andchange in terms of human consciousness, perception,knowledge, learning, interpretation, and response.

Meanwhile, the four issues of the Economic Issue of the Day(EID) for 2005 all focused on basic climatologyconcepts and information such as the El NiñoSouthern Oscillation (ENSO) phenomenon, tropicalcyclone signals, and the difference between weatherand climate. These issues are part of the disseminationprogram being conducted for the project, “Bridging thegap between seasonal climate forecasts (SCFs) anddecisionmakers in agriculture,” a four-yearcollaborative undertaking between the AustralianCentre for International Agricultural Research(ACIAR), the project sponsor, and the PhilippineCouncil for Agriculture, Forestry and NaturalResources Research and Development (PCARDD). Forthe Philippines, implementing institutions are thePhilippine Atmospheric, Geophysical andAstronomical Services Administration (PAGASA),Philippine Institute for Development Studies (PIDS),

and Leyte State University (LSU). For Australia, thekey institutions involved are the South AustralianResearch and Development Institute (SARDI), NewSouth Wales Department of Primary Industries(NSW/DPI), and University of Sydney. The projectaims to identify and close the gap between thepotential and practical application of SCFs toagricultural systems and policies in the Philippinesand Australia.

Additionally, to keep the people informed of theprogress of said ACIAR-sponsored project, theInstitute came up with the SCF Project Updates, which willserve as the official newsletter of the project. Theinaugural issue, released during the year, discussedthe project activities undertaken so far, which includeda project launch, a forum on basic climatologyconcepts and information, and a seminar-workshop onseasonal climate forecasts. The Institute likewiseproduced a folder to complete the project’s briefingkit.

Under its Discussion Paper (DP) Series, the Institute cameout with 32 titles this year. Topics included severaltitles written under the Institute’s research projects onservices, competition policy (in collaboration with theWorld Bank), rice (in collaboration with thePhilRice), and impact of globalization on MuslimMindanao. The series also contained papers on

population and demography authored by one of theInstitute’s senior research fellows while he was avisiting researcher at the Asian Development BankInstitute in Tokyo, Japan.

An updated PIDS brochure was also released duringthe year as well as the annual report for 2004.

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Distribution, promotion and circulation

To continue giving the Institute’s clients immediateaccess to its publications, the Institute continuedposting electronic copies of issues of the DRN, PN,EID, and DP on its website. Online copies are postedeither during the blueprint stage or immediately afterthe issues are released. The updating of thepublications page of the PIDS website has been acontinuing task of the Institute.

Sending of complimentary copies of selected PIDSpublications was likewise sustained. In 2005,recipients were over 1,500. Aside from those directlyconnected with PIDS, the recipients include theexecutive, legislative and the judicial branches of thegovernment, various committees in the House ofRepresentatives and Senate, regular governmentagencies, city mayors, governors, provincial andmunicipal planning and development officers, localfinancial institutions, local libraries, local universitiesand research institutions, state colleges anduniversities, NEDA central and regional offices,multilateral and bilateral agencies, selected foreignembassies in the Philippines, selected Philippineembassies abroad, and regional directors of variousgovernment agencies. The Institute also continued itsexchange agreement with local and foreigninstitutions (see Library Development).

To widen the reach of its publications, the Institutecontinued with its consignment arrangement withlocal booksellers, namely, National Bookstore (threebranches), Powerbooks (four branches), NationalEconomic and Development Authority Bookstore,Solidaridad Bookstore, Heritage Arts Center, RarebooksEnterprises, Greatbooks, and Academic LibraryConnections.

The Institute likewise continued to participate in bookfairs, especially those sponsored by the BookDevelopment Association of the Philippines (BDAP) inboth Metro Manila and various provinces.

Revenues from consignment sales continued toconstitute the bulk of publication sales revenues for theInstitute. Foreign orders, however, saw an increase in2005.

Socioeconomic Research Portal for thePhilippines (SERP-P)

As of 30 December 2005, the SERP-P website has 3,680publications online, 3,211 of which have abstracts and1,398 have keywords.

There are now 24 member-institutions comprising theSERP-P. Together with the number of their studiescontained in the SERP-P, these institutions include:Agricultural Credit Policy Council (24), AIM JBFCenter for Banking and Finance (2), Angelo KingInstitute for Economic and Business (13), AsianDevelopment Bank (125), Ateneo Center for SocialPolicy and Public Affairs (307), DLSU – SocialDevelopment Research Center (83), DLSU-UniversityResearch Coordination Office (11), Institute of StrategicPlanning and Policy Studies (92), National TaxResearch Center (64), Philippine APEC Study CenterNetwork (90), Philippine Institute for DevelopmentStudies (1,334), PIDS-POPCOM PopulationManagement Program (8), Silliman University (4),Trade and Investment Policy Analysis and AdvocacySupport Project (66), University of San Carlos (55),UP-Center for Integrated Development Studies (164),UP-National Center for Transportation Studies (63),UP-National College of Public Administration andGovernance (36), UP-School of Economics (581), UP-School of Urban and Regional Planning (170), UST-Social Research Center (30), World Bank (82), XavierUniversity -Research Institute for Mindanao Culture(70), and other institutions (115).

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Public Affairs

Fora

Compared to previous years, there was a slight decreasein the number of fora organized and/or cosponsored bythe Institute in 2005, owing to cost-reduction measuresof the government. The regional/provincialconsultation program was temporarily put on hold andother cheaper means of dissemination like emails,book fairs and the use of the PIDS website were insteadencouraged to reach some audiences in the provinces.

Thus, from a total of 44 fora in 2004, it was reduced to34 fora this year (Figure 1). Among the fora in 2005,five major ones are worth mentioning, all of which arenetwork- or project-related.

For the first time, the 16th in the series of the EastAsian Seminar on Economics or EASE was held in thePhilippines, with PIDS playing host to the event. EASEis an annual undertaking of the National Bureau ofEconomic Research (NBER) based in Washington,D.C., which seeks to discuss key issues on economicsthat have immediate bearing on policy decisions ofsome of the countries in the East Asian Region. Thisyear’s theme was Fiscal Policy and Management, a topicconsidered to be very timely for many countries in theregion, especially for the Philippines, which iscurrently trying its best to overcome its fiscal woes.EASE 16 was held on 23-25 June, with well-knowninternational economists from the East Asian Regionand the US in attendance.

Meanwhile, on July 27, the Australian Centre forInternational Agricultural Research (ACIAR)-sponsored project “Bridging the gap between seasonalclimate forecasts and decisionmakers in agriculture”was launched to the public. This four-year projectseeks to promote better appreciation of the potential

benefits from the emerging science of seasonal climateforecasts (SCFs) by both farmers and policymakers.While there is no way that an El Niño and its effectsmay be stopped, the availability of relevant informationto understand this phenomenon and predict itsoccurrence would certainly benefit the farm sector aspreparation appears to be the only way it could survivethe El Niño and other disruptive weather anomalieswith lesser damage.

Then, in September, the Institute was again in highgear for the celebration of its 28th founding anniversaryand the 3rd Development Policy Research Month(DPRM) for which the Institute serves as overseer andcoordinator by virtue of Presidential Proclamation 247signed in 2002. In line with this year’s theme, theInstitute held a two-day seminar on the servicesindustry on September 27-28, with support from theTrade Policy and Trade Promotion Project of theGerman Technical Cooperation. The seminar featuredsix studies written under its research project onservices. Five of them tackled the status and prospectsof five services sectors where the Philippines appears tohave a competitive advantage—educational services,health and related services, audiovisual services,information and communication technology services,and business process outsourcing services. The otherstudy, meanwhile, presented the argument of settingup a single agency that will handle all internationaltrade negotiations for the country. In addition, paperson the contribution of bilateral technical assistance ininternational trade in services and development, andmeasuring the impact of services on the economy werealso presented by invited speakers. A book thatcompiles some of the papers presented at the seminaris scheduled for release in 2006.

Once again, the Institute extended its support to thePhilippine Economic Society (PES) in the conduct ofits 43rd annual meeting held this year on November 26.Faithful to its tradition of responding to the needs ofthe times, the PES chose to tackle a timely and relevant

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theme, Managing the Philippine Economy in Turbulent Times, forthis year’s annual meeting.

But what made this year more exciting for the PES isthe holding of the 30th annual conference of theFederation of ASEAN Economic Associations(FAEA), the umbrella organization of economicsocieties and associations from Cambodia, Indonesia,Malaysia, Philippines, Singapore, Thailand, andVietnam. PES played host and organizer to the annualconference, with support from the Institute and theBangko Sentral ng Pilipinas, and various private sectoragencies. The call for papers on the theme, China andIndia: Challenges and Opportunities for the ASEAN, generatednumerous interesting papers. Noted economists alsogave their insights on the implications of the yuanrevaluation.

Finally, as the year drew to a close in December, thelast in the Institute’s list of major fora was held—theNational Agriculture and Fisheries Extension Summit.This high-level conference analyzed the country’sagricultural extension system, focusing on its majorproblems and issues, and important lessons andrecommendations for policy. Paper presentations bynoted experts on the structure of the agricultural sectorand its performance after the devolution, the dynamicsin the provision of agricultural extension services, andan assessment of the performance of these services weregiven. A workshop was also conducted to discuss the

proposed national extension policy and bill onextension. The conference was attended by keyofficials of the agriculture department, localgovernment units, members of the legislative body, andthe academe.

Media Exposures

The Institute saw a reduction of media exposures thisyear with the greater focus given by the media onpolitical issues. Thus, from 183 exposures in 2004,there were only 89 exposures monitored in 2005. Theprint media, notably national dailies such asBusinessWorld, Manila Bulletin, and Philippine Star, though,remain as the Institute’s most active partner in researchdissemination. About 84 percent of the mediaexposures in 2005 were made possible through theprint media. Approximately 12 percent, meanwhile,came out through radio and 4 percent throughtelevision. Annex E lists all the media exposuresmonitored in 2005.

Library Development

An exchange agreement with three additional localinstitutions was made in 2005, placing the totalexchange agreement at 20 for local institutions and at28 for foreign institutions. These institutions areincluded in the Institute’s regular mailing list andregularly receive the Philippine Journal of Development andthe Annual Report. The local ones added are thelibraries of the Philippine Deposit InsuranceCorporation, Statistical Training and Research Center,and Institute of Engineering-College of Engineeringand Agro-Industrial Technology of UP Los Baños.During the year, the Institute also issued 35interlibrary loan forms to PIDS staff to give them accessto various local libraries.

The Institute continued its subscription to variousnewspapers, magazines, journals, CDs, and books.Several highly useful reference materials were alsoacquired by the Institute in 2005. These includeEconomy and Environment: Selected Readings in the Philippines,Asian Regional Governance: Crisis and Change, and the series of

15

Handbooks of Economics on agricultural economics (twovolumes), health economics (volumes 1a and 1b), laboreconomics (three volumes), natural resource andenergy economics (three volumes), population andfamily economics (volumes 1a and 1b), and regionaland urban economics (three volumes).

In addition, the Institute acquired a number ofpublications on complimentary basis from its fellowinstitutions in the NEDA family such as the NationalStatistics Office (NSO), NSCB and the TariffCommission.

As of end of 2005, a total of 6,739 books/monographs/CDs and 2,996 journal articles have been inputted inthe Institute’s Online Public Access Catalog (OPAC).

Rethinking institutional reforms in thePhilippine housing sector

One of the titles comprising the Institute’sPerspective Paper Series presentedduring its silver founding anniversary, thisbook answers the question as to whyhousing reforms failed to achieve thedesired improvement in the Philippines.

Financial services integration andconsolidated supervision: some issues toconsider for the Philippines

Also from the Institute’s Perspective PaperSeries, this book examines the trends inPhilippine banking regulation in the past25 years. In particular, it notes that thePhilippines has followed a policy ofdespecializaiton in the banking sector bywidening the range of permissibleactivities and bank products to enhancecompetition and efficiency, beginningwith the introduction of universal bankingin 1980.

Sustainable tourism: challenges for thePhilippines

Tourism is an industry built upon the mostfragile of natural and culturalenvironments—environments wherein

Box 1. Books released in 2005

the most inconsequential and innocent ofhuman gestures can easily result insurprisingly destructive and difficultconsequences on the site’s resources.Thus, the country should learn toconserve, protect, and strengthen itscultural, historical, and natural resourcesupon which it draws its uniquecompetitive advantage.

Financial liberalization: managing risksand opportunities

This book is a collection of seven studiesthat focus on the interrelated aspects ofthe structural and institutional foundationsof effective risk management andexploitation of opportunities in an openeconomy.

Rural finance in the Philippines: issuesand policy challenges

A research undertaking of the AgriculturalCredit Policy Council (ACPC), inpartnership with PIDS, this book providesresearchers and policymakers alike withsubstantial and indepth information onrural finance that could provide theneeded direction for the development of apolicy research agenda on rural finance.

Inputting and editing of OPAC entries as well asbarcoding of library materials are ongoing.

Technical problems with the library server wereencountered in the early part of 2005, which primarilyaffected the Institute’s customized WEBLIS. WEBLISis a free-of-charge web-based library integratedsystem based on the CDS/ISIS. It consists of fourmodules, namely, cataloguing system, OPAC, loanmodule, and statistical module. The system wasbrought back in the middle of 2005. At present,however, it can only be accessed through the local areanetwork but it will soon be available in the internet.

The Institute served both inhouse researchers andoutside researchers in 2005.

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Hardware and Software Upgrade

In 2005, the MIS upgraded the hardware and software ofthe Microsoft Exchange server. The MicrosoftExchange server serves as the messaging andcollaboration platform for the PIDS Management andResearch Fellows. Anti-virus and anti-spam solutionswere also installed for the PIDS Electronic Mail System.In March 2005, the Institute acquired and installed theSophos PureMessage Anti-spam software to solve the e-mail spam problem. The latest Sophos Anti-virussoftware also replaced McAfee, the anti-virus softwarefor the local workstations. A firewall appliance solutionwas also acquired and installed to replace the Linux-based firewall system.

Throughout 2005, the Institute was subscribed to PLDTthat provided Digital Subscriber Line (DSL) Internetconnection with burstable speed of up to 2Mbps. InDecember 2005, the Institute shifted to EasternTelecommunications Philippines, Inc or ETPI thatprovides 1Mbps leased line connection.

Stricter Rules on IT Policies

Respect for intellectual labor and creativity is vital toacademic discourse and research enterprise. Thisprinciple applies to works of all authors and publishersin all media. It encompasses respect for the right toacknowledgment, right to privacy, and right todetermine the form, manner, and terms of publicationand distribution. This is the same reason that the MIS

has tightened its rules for its IT policies, especially onthe issue of using unlicensed proprietary software inPIDS computing system.

New PIDS Intranet Site

The MIS launched the new Intranet site with troubleticketing request system. This system allows users topost their IT related requests online such as PCtroubleshooting, software installations, books, ITmagazines and software CDs and other IT relatedinquiries. The site also serves as the MIS website withfeatures such as a web e-mail client, personal and groupcalendar, file manager, FTP and news announcements.In 2006, all the other features from the old intranet sitewill be revised, updated and added to this site.

MANAGEMENT INFORMAMANAGEMENT INFORMAMANAGEMENT INFORMAMANAGEMENT INFORMAMANAGEMENT INFORMATIONTIONTIONTIONTIONThe Management Information Services (MIS) unit takescare of all the computing services required by all thedepartments within the Institute. It manages the PIDSinformation systems and services all the IT requirementof the Institute and its staff. The MIS, together with theother relevant departments of the Institute, also man-ages all the IT and computing hardware of the Institutefrom procurement to distribution.

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Integrated Socio-Economic andAgricultural Database

In 2005, the MIS worked as the Program Manager for thedevelopment of the Integrated Socio-Economic andAgricultural Database. The objective of the project is todevelop a single client-server database system for theEconomic Database System, Agricultural Statistics andthe Online Geographical Information System (GIS)initiatives of the Institute.

Other Activities

The MIS staff attended the 2005 three-day LinuxWorld Conference held at the Dusit Hotel Manila lastOctober 2005. Trainings on Windows 2003 andExchange 2003 were also attended.

Installation of Internet and network connections was doneon the new offices of the Operations and FinanceDepartment and the Project Services Department on the4th floor of the PIDS-occupied building.

The workstations of the Operations and FinanceDepartment are connected to the PIDS LAN through aWireless Access Point (WAP). The 4th floor of the NEDA

sa Makati Building now has full wireless coverage afterthe installation of a WAP hardware in the MIS room.

Over and above these improvements and activities, theInstitute’s MIS continues to undertake its regularfunctions such as the development of websites for PIDSprojects, together with the respective staff/ departmentcoordinating the project; the maintenance andimprovement of the PIDS Network and Internet Systems;the maintenance of information technology (IT)equipment, software procurement and installation;updating of the PIDS web page, together with the otherstaffs/ departments of the Institute; and provision ofgeneral IT support services to the PIDS staff.

18

PIDS PROVIDENT FUNDPIDS PROVIDENT FUNDPIDS PROVIDENT FUNDPIDS PROVIDENT FUNDPIDS PROVIDENT FUND

Activities/Accomplishments in 2005

The annual members’ meeting was held onApril 18, 2005. Out of the eighty-two (82) activemembers of the Fund, fifty (50) or about 60% of thetotal membership were present during the meeting. Itwas highlighted by the formal turnover of the FundPresidency in view of the retirement from the service ofDr. Mario B. Lamberte and the appointment of Dr. JosefYap as the new PIDS President. An election of levelrepresentatives to the Fund Board of Trustees was alsoheld during the Annual Meeting of Members.

A special meeting of members was also heldon June 29, 2005 for the purpose of presenting anddiscussing the proposed amendments in the AmendedBy-Laws of the Fund. The proposed amendments wereapproved and ratified by majority of the membersduring the meeting and were registered with theSecurities and Exchange Commission (SEC).

The Fund Secretariat is maintaining anIntranet Web Site which makes available to all FundMembers all information about the operations andservices of the PIDS Provident Fund, its constitution andby-laws, and the highlights of its operations. Itfacilitates Institute-wide communication and

exchange of information in order to make the deliveryof services to its members more efficient. The webfacility also allows its members to access theirindividual member’s account and check on the runningbalance of their monthly contribution to the Fund. Allactivities and other reports in 2005 were posted onlineat the said website.

The Fund’s audited financial statements forCY 2004 and the duly-accomplished/notarized generalinformation sheet (GIS) were submitted to theSecurities and Exchange Commission (SEC). Theregistration of the books of accounts and other yearlyregistration requirements were also compiled with theBureau of Internal Revenue (BIR).

The PIDS Provident Fund, Inc. is a non-stock corporation registered with theSecurities and Exchange Commission(SEC) under SEC Registration No.A199919546 dated January 25, 2000.Its membership is exclusive to andautomatic for regular officials andemployees of PIDS who are holdingplantilla positions. It was organized toestablish and maintain a fund, thesources of which shall be derived fromcontributions of the members andcounterpart contribution of PIDS. All

earnings and/or interest from its financial/investment operations are distributed to the members asbenefits in case of retirement, resignation, separation, or other cases as may be allowed anddetermined by its Board of Trustees, in addition to other forms of benefits due to the employee-member.As of December 31, 2005, the Fund has a total membership of eighty-two (82) PIDS member-employees.

19

Financial Performance

For CY 2005, the Fund realized a net income ofP1.169 million from its financial operations, which isabout 19.04 percent higher than last year’s P0.982million earnings (Figure 2). This development can beattributed to the following: a) tax exemption ofearnings from investment placements amounting toP1.000 million and above; and b) the lock-in strategyadopted by management on its investments.

The total asset of the Fund stood at P15.180million, representing a growth percentage of about16.42 percent over last year’s P13.039 million. Thisincludes cash in bank, accrued/other receivables, andinvestment in treasury bills/treasury bonds.

· The total net worth amounted to P11.670million, a P1.411 million increase or about 13.75percent growth over last year’s figure of P10.259 million.Of the P11.670 million, P8.641 million or 74.04percent represents fund contributions, P2.0 million or17.14 percent represents the seed money from PIDS, andthe remaining P1.029 million or 8.82 percent representsthe accumulated reserve funds.

Payment of Benefits

During the year, the Fund paid benefits to thefollowing retired/resigned employees: Ms. Marie AnnCagas, Mr. Luis Nuguid, Ms. Josefina Vinluan, Dr.Mario Lamberte, Ms. Laila Garcia, Mr. EdmundLabuguen, Mr. Santiago Salazar, and Mr. Emmanuel de

Guzman. The computation of the amount they receivedwas based on the provisions of the By-Laws of the PIDSProvident Fund, Inc..

Financial Strategy

As a matter of strategy, the Fund managementwill continue to exercise prudence in theadministration of the Fund’s resources to ensure theviability of their placements and ultimately maximizethe grant of benefits to the members.

20

For the year 2005, PIDSEA continued to exert efforts tofulfill its mandate to improve the terms and conditionsof the employment of its members, promote their welfareand protect their interest.

Foremost in the achievements of the association for theyear is the signing of the first Collective NegotiationAgreement (CNA) with the PIDS management headedby the new PIDS President, Dr. Josef T. Yap. Through theCNA, PIDS formally recognized the PIDSEA as the only

accredited organization of employees of the Instituteand agreed to extend certain privileges to theAssociation such as allowing the conduct of meetings onofficial time, representation to all committees, access toofficial records, attendance in trainings/seminars

PIDS EMPLPIDS EMPLPIDS EMPLPIDS EMPLPIDS EMPLOYEES’OYEES’OYEES’OYEES’OYEES’ASSOCIAASSOCIAASSOCIAASSOCIAASSOCIATIONTIONTIONTIONTION

regarding workers’ welfare programs, shuttle services toall employees, and attendance in budget deliberationsand reorganization/streamlining discussions, amongothers.

The PIDS management also agreed to give logisticalsupport to PIDSEA such as office space, office suppliesand bulletin board; it also allows the use of functionrooms for PIDSEA meetings and other activities. BothPIDS and PIDSEA also agreed to maintain a workingenvironment that satisfies the well-being of allemployees; promote harmonious relationship betweenemployees and management; recognize good employeeperformance; and maximize the potential of allemployees to increase their productivity.

The PIDS Employees’ Association (PIDSEA) is the officialemployees’ organization of the Institute. There are 44registered members of the Association representing 57percent of the total number of eligible members fromamong the PIDS staff complement in 2005. PIDSEA hasfor its primary goal the promotion and protection of theemployees’ rights, welfare and professional growth.

21

PIDSEA also maintained its link with other governmentagencies and attended trainings and seminars onmatters that affected government employees such ashousing and livelihood programs, GSIS procedures, andlaws such as Executive Order 366 which aimed torationalize the functions and agencies of the executivebranch. The association also sent representatives to thePhilippine Government Employees Association(PGEA) general assembly held in Malacañangattended by no less than President Gloria Macapagal-Arroyo and Vice President Noli De Castro as well asheads of government financial institutions.

PIDSEA also sustained its fundraising activities in afun and enjoyable way that boosted camaraderiebetween management and the staff. In September, atthe end of the month-long DPRM and PIDS anniversarycelebration, PIDSEA conducted the first PIDS

Employees’ Day which had color teams competing in various fungames. The highlight of the day was the yearly Bingo Socials.Cash and consolation prizes donated by individuals, privateinstitutions, and kind-hearted souls were at stake.

PIDSEA also spearheaded the revitalization of the Institute’ssports program by organizing and holding a table tennis sports

clinic and tournament. The sports activity was such a successthat the Association hopes to hold next time a badmintontournament. In December, PIDSEA organized a Kids ChristmasParty for all children of PIDS employees. With the help ofdonors, the sale of tickets and the donation of prizes and foodfrom members and their relatives, the kids had fun in variousgames where they won candies, school materials and toys.

PIDSEA hopes to duplicate and even surpass these achievementswith the start of a new year.

22

ANNEXESANNEXESANNEXESANNEXESANNEXESANNEX A: BOARD OF TRUSTEES

Hon. Romulo L. NeriChairperson

Secretary, Socioeconomic PlanningDirector-General, National Economic and

Development Authority

Dr. Ledivina V. CariñoMember

Professor, National College of PublicAdministration and Governance,

University of the Philippines

Dr. Josef T. YapMember

President, PIDS

Dr. William G. PadolinaMember

Deputy Director-General, InternationalRice Research Institute

Mr. Romeo L. BernardoMember

President, Lazaro Bernardo Tiuand Associates, Inc.

23

ANNEX B: MANAGEMENT COMMITTEE

Josef T. YapPresident

Ph.D. Economics, UP School of EconomicsPostdoctoral, University of Pennsylvania

(econometric modeling,macroeconomic policy)

Andrea S. AgcaoiliDirector, Operations and Finance

M.A. Business AdministrationPhilippine Christian University

Roque A. SoriosoLegal ConsultantBachelor of Laws

University of the Philippines,Diliman

Jennifer P.T. LigutonDirector, Research Information

M.A. Mass CommunicationUniversity of the Philippines, Diliman

Mario C. FeranilActing Vice-President

Director, Project Services and DevelopmentM.A. Economics (candidate)

University of the Philippines, Diliman

24

Marife M. BallesterosPh.D. Social Sciences, University of Nijmegen

(economic anthropology, housing and urban development issues)

Caesar B. CororatonPh.D. EconomicsClark University

(applied general equilibrium modeling, total factor productivityestimation, trade and poverty)

Cristina C. DavidPh.D. Agricultural Economics

Stanford University(agricultural economics)

Danilo C. IsraelPh.D. Applied Economics, Clemson University

Postdoctoral, University of British Columbia(resource and environmental economics, fisheries economics)

Gilberto M. LlantoPh.D. Economics

UP School of Economics(money and banking, public finance, international trade)

Rosario G. ManasanPh.D. Economics

UP School of EconomicsPostdoctoral, Massachusetts Institute of Technology

(public finance, decentralization, education)

ANNEX C: RESEARCH FELLOWS

25

Erlinda M. MedallaPh.D. Economics

UP School of EconomicsPostdoctoral, Yale University

(trade and industrial policy)

Ma. Melanie R.S. MiloPh.D. Economics

Australian National University(money and banking, international macroeconomics)

Aniceto C. Orbeta, Jr.Ph.D. Economics

UP School of EconomicsPostdoctoral, Harvard University

(demographic economics, social sector, applied economic modeling,information and communication technologies)

Gloria O. PasadillaPh.D. Economics

New York University(trade, industrial policy, monetary policy)

Celia M. ReyesPh.D. Economics

University of Pennsylvania(econometric modeling, poverty analysis)

Eliseo R. Ponce(Visiting Research Fellow)Ph.D. Agricultural Extension

and Rural SociologyOhio State University

(agricultural economics)

26

ANNEX E: MEDIA EXPOSURE

Institutions

Australian Centre for International AgriculturalResearch (ACIAR)

Bureau of Agricultural Research (BAR)Department of Health (DOH)Institute of Strategic & Development Studies (ISDS)Leyte State University (LSU)National Statistical Coordination Board (NSCB)New South Wales Department of Primary IndustriesPhilippine Atmospheric, Geophysical & Astronomical

Services Administration (PAGASA)Philippine Rice Research Institute (PhilRice)South Australian Research and Development Institute

(SARDI)United Nations Development Programme (UNDP)United Nations Development Fund for Women

(UNIFEM)University of Sydney-OrangeWorld Health Organization (WHO)Yuchengco Center

ANNEX D: AFFILIATED INSTITUTIONS AND INDIVIDUALS

1) What’s a few percentage points among friends?TODAY, Jan. 9, 2005

2) Export Leadership: Does success in one breed failure inanother? (1st of 2 parts)Manila Bulletin, p. B2, Jan. 11, 2005

3) Export Leadership: Does success in one breed failure inanother? (2nd of 2 parts)Manila Bulletin, p. B5, Jan. 12, 2005

4) Top Story (Interview of Dr. Gilberto Llanto)ANC Channel 21, Jan. 13, 2005

5) News Central, Studio 23(Interview of Dr. Gilberto Llanto)Jan. 13, 2005, 10 p.m.

6) The Insider (Interview of Dr. Gilberto Llanto)Jan. 13, 2005

7) Govt urged to be more professional in microfinancingTODAY, Jan. 25, 2005

8) DESPITE OPPOSITION, House to work overtime onVAT rate hike billINQ7.net, Jan. 26, 2005

9) Partylist solons stir opposition to VAT rate hikeeBalita News, posted Jan. 27, 2005

10) All about total factor productivityBusiness World, page 21, Jan. 29, 2005

11) Tax administration crucial to minimizing VAT impactBusiness World, page 2, Jan. 31, 2005

12) Will we ever learn?Manila Times p. B1, Feb. 5, 2005

13) Will we ever learn?Business World, p. 23, Feb. 7, 2005

14) Will we ever learn?Philippine Star, p. 18, Feb. 7, 2005

15) Popular Economics: Infrastructure and economic growthBusiness World, page 21, Feb. 7, 2005

Individuals

Alejandro HerrinAlma dela CruzAngelina Lantin

Arturo PacificadorAurora TabadaCanesio PredoCarlos Tan, Jr.Ceferino RodolfoChristine LiaoCorazon LamugDaylinda CabanillaEfren SazEmily CabeginEulito BautistaEvelyn JavierFilomeno AguilarJohn De LeonJonas BautistaJovi DacanayLarry DigalLeonardo Lanzona, Jr.Ma. Andrea SantiagoMa. Cherry Lyn RodolfoMarissa GarciaPonciano Intal, Jr.Rachel RacelisRosa Fe HondradeRowena BaconguisSaturnina HalosTolentino MoyaWinston Padojinog

27

16) Great on Paper, Hard to ExecuteTODAY, p. B1, Feb. 7, 2005

17) Bank mergers not bad for competitionTODAY, p. B2, Feb. 14, 2005

18) ‘Boom-bust’ cycle still hounds the PhilippinesBusiness World, p. 2, Feb. 16, 2005

19) Slower growth expected as tax and fuel hikes biteBusinessWorld, p. 2, Feb. 16, 2005

20) PIDS: ’05 economy to grow by 5.6%Manila Times, p. B2, Feb. 16, 2005

21) Govt urged to invest in infra, human capitalManila Times, Feb. 17, 2005

22) Crisis may derail RP MDGsTODAY, p. 10, Feb. 17, 2005

23) Debts threaten attainment of millennium goalsBusinessWorld, Feb 19, 2005

24) Peso appreciation: winners, losersBusinessWorld, Feb 19, 2005

25) Manila vows to maximize Australian AidManila Bulletin, Feb. 21, 2005

26) Govt urged to junk moves to revive subsidized creditBusinessWorld, p. 13, Feb. 22, 2005

27) Popular Economics: Free Trade AgreementsBusinessWorld, p. 22, Feb. 28, 2005

28) Microfinance in the Philippines: Status, Issues andChallengesTODAY p. B2, Feb. 28, 2005

29) RP, Japan FTA to be signed in late 2005The Manila Times, Business, March 3, 2005

30) Once again on poverty statistics or the poverty ofstatisticsYellow Pad- BusinessWorld, March 7, 2005

31) ASEAN sees the brighter side of Japan-China leadershiprivalryThe Japan Times, p. 3, March 10, 2005

32) PPA charter amendmentsBusinessWorld, The Economy, April 24, 2005

33) PIDS has new presidentPhil. Star, C2, April 11, 2005

34) PIDS study on commercial court judgesBusinessWorld, April 12, 2005

35) New PIDS president takes oath of officeManila Times, Billboard, April 25, 2005

36) Govt urged to abolish tenancy lawsManila Standard Today, April 25, 2005

37) Higher taxes and culture of corruptionManila Times, May 2, 2005

38) NEDA director-general inducts PIDS presidentBusinessWorld, May 3, 2005

39) DTI to fasttrack study on free trade agreement between RPand USPhilippine Star, May 9, 2005

40) Business Analysis, ANCJune 2, 2005, 8:00 p.m.

41) End to hybrid rice subsidy urgedManila Times, June 6, 2005

42) Agri dept bucks cut in hybrid rice subsidyManila Times, June 7, 2005

43) Microfinance serves as cornerstone in the fight againstpovertyBusinessWorld - Special Report, June 22, 2005

44) Trade accord delayed on Japan’s unacceptable offerManila Times, June 27, 2005

45) PIDS has new presidentPhilippine Star, June 29, 2005

46) Leadership lack hits farm exportsBusinessWorld, July 5, 2005

47) RP-Japan agreement good for food sectorManila Times, July 5, 2005

48) Agri expert recommends knowledge management skills,Philippine Daily Inquirer (Infotech), July 17, 2005

49) ABC 6 pm news, ABC 5 (Interview-Dr. Josef T. Yap)July 20, 2005

50) Seasonal climate forecast use for agriculture eyedThe Sunday Times, July 31, 2005

51) Philippine gets raw deal in trade talks with JapanManila Times, Aug. 22, 2005

52) September is Development Policy Research MonthSun Star Zamboanga, Aug. 26, 2005

53) RP to work on early FTA with USPhilippine Business Report (Vol. 16, No. 8)Page 1, August 2005

54) September is Dev’t Policy Research MonthManila Bulletin, September 5, 2005

55) Kanyon (DWBL) Interview of Dr. Andrea SantiagoSeptember 8, 2005, 9:00 a.m.

28

56) Sumbong, Tugon at Aksyon (DWSS)Interview of Dr. Andrea SantiagoSeptember 8, 2005, 10 a.m.

57) Lingkod Bayan/ Malayang Talakayan (DZMEInterview of Mr. Mario Feranil andDr. Andrea SantiagoSeptember 8, 2005, 3:00 p-.m.

58) Tanong ng Bayan (DZBB)Interview- Dr. Josef T. Yap and Prof. Ma. Cherry LynRodolfo, September 11, 2005

59) Sunshine Phils. Movement on Air (DZAR)Interview of Dr. Gilbert Llanto and Prof. Maria CherryLyn Rodolfo, September 15, 2005

60) ANC Top Story (ANC Channel 21)Interview of Dr. Josef T. Yap andProf. Cherry Lyn RodolfoSeptember 18, 2005, 5:00 p.m.

61) Todo-Todo Walang Preno (DZMM)Interview of Dr. Gloria Pasadilla andProf. Ceferino RodolfoSeptember 19, 2005

62) Tanong ng Bayan (DZRB)Interview of Ms. Jennifer LigutonSeptember 22. 2005

63) DWBL – Punto por puntoInterview of Dr. Gilberto Llanto andDr. Gloria PasadillaSeptember 22, 2005

64) Tanong ng Bayan – DZBBInterview of Prof. Ceferino Rodolfoand Prof. Maria Cherry Lyn RodolfoSeptember 24, 2005

65) Services Industry: Growth Driver for EconomicCompetitivenessPhilippine Panorama, September 25, 2005

66) Trade negotiating bodyBusinessWorld, September 28, 2005

67) The essential politics of bishopsBusinessWorld, September 28, 2005

68) Proposed RP-US FTA may center on telecom andfinancial sectorBilaterals.org, posted September 29, 2005

69) RP not ready for trade deals, says PIDS studyThe Daily Tribune, September 29, 2005

70) Education to define outsourcing edgeBusinessWorld, September 29. 2005

71) RP needs to play catch-up in medical tourism gameBusinessWorld, September 30, 3005

72) Young call center workers find difficulty in acquiring visas,BusinessWorld, September 30, 2005

73) Basics on Philippine climatologyAgriculture Magazine, October 2005

74) Understanding the ENSO phenomenon and itsimplications, Agriculture Magazine, October 2005

75) Espinoza: Conflicting views of economic managersSun Star Cebu, Oct 4, 2005

76) Yellow Pad: On Debt ForgivenessBusinessWorld, Oct. 18, 2005

77) Foreign students now evade RPBusiness Mirror, Oct. 18, 2005

78) Book launch (Photo Release)Business Mirror, Oct. 18, 2005

79) Study says RP missing out on education servicesopportunitiesManila Times, Oct. 19, 2005

80) Book launch (Photo Release)Manila Standard Today, Oct. 20, 2005

81) Rich, self-employed evade 106B in taxesManila Times, Oct. 23, 2005

82) Book launching (Photo Release)Philippine Star, Nov. 1, 2005

83) Hybrid rice, inappropriate: SEARICEMindanao Times, November 18, 2005

84) WB urges gov’t to resolve income inequalityManila Standard Today, Nov. 19, 2005

85) Resist political pressures, De Castro tells economicplannersManila Bulletin, Nov. 20, 2005

86) NGOs score govt’s costly hybrid rice programPhilippine Star, Nov. 20, 2005

87) The Hope and Hype of MicrocreditInter Press Service News Agency, Dec. 1, 2005

88) FAO, think tank note weak agriculture supportBusinessWorld, Dec. 2, 2005

89) Japan can help ASEAN integration.The Japan Times, Dec. 13, 2005

29

ANNEX F: AUDIT CERTIFICATE

30

ANNEX G: BALANCE SHEET

31

ANNEX H: STATEMENT OF INCOME AND EXPENSES

32

ANNEX I: STATEMENT OF CASH FLOWS