SOCIAL ECONOMICS

In the area of social economics, CRC involves a wide range of research focusing on how economics and business can – without losing their predominant concerns on getting the maximum material benefits from relatively scarce resources – still be instruments for attaining societal goals.

Eminent Filipino economist Dr. Bernardo Villegas sets the agenda for the work of CRC in this area, with a particular attention on the future of Philippine MSMEs and cooperatives, and the social contributions of businesses in education, food and agribusiness, energy, transport and logistics, infrastructure and industry, health and wellness, and the country’s emerging digital super-sector.

EGARCH Regression: Highlighting the impact of remittances on the Philippine macroeconomy and households during COVID-19

June 20th, 2022|

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 ... continue reading

How Tourism Can Help Boost the Philippines’ Economy

September 19th, 2022|

“Transitioning to the Next Administration”, published on May 17, 2022 in his column “Business and Society” in the Manila Bulletin, CRC Director for Research Dr. Bernardo M. Villegas shares pointers on the best ... continue reading