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CRC Highlight
EGARCH Regression: Highlighting the impact of remittances on the Philippine macroeconomy and households during COVID-19
Remittances are funds transferred by migrants to their home country or private savings of overseas foreign workers (OFWs) spent within their home country. Many developing nations, including the Philippines rely on remittances as a source of funds that form part of the country’s overall domestic production or Gross Domestic Product (GDP). Generally, OFWs send more money in times of distress. During the COVID-19 pandemic, many OFWs got laid off and thus, they were not able to ... continue reading
CRC Latest Insight
The problem with agrarian reform, according to CRC Research Director Dr. Bernardo M. Villegas
Dr. Bernardo M. Villegas, CRC Director and member of the constitutional commission which framed the Philippines' 1987 Constitution, shared his thoughts on what he believes kept Philippine smallholder farms from benefiting from the ... continue reading
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