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Souvenir Program Souvenir Program 45th Annual Meeting 14-16 November 2007 Bangko Sentral ng Pilipinas Message from the BSP Governor Bangko Sentral ng Pilipinas OFFICE OF THE GOVERNOR 2 Message from the PES President OFFICE OF THE PRESIDENT 3 Philippine Th e Philippine Economic Society (PES) was established Economic in August 1962 as a nonstock, nonprofi t professional Society organization of ECONOMISTS. (PES) Over the years, the Society has served as one of the strongest networks of economists in the academe, government, and business sector. Recognized in the international community of professional economic associations and a founding member of the Federation of Asean Economic Associations (FAEA), the PES is truly a signifi cant national and international institution. Th e PES continuously provides a venue for open and free discussions of a wide range of policy issues through its conferences and symposia. Th rough its journal, the Philippine Review of Economics, which it jointly publishes with the UP School of Economics, the Society performs a major role in improving the standard of economic research in the country and in disseminating new research fi ndings. For more information about the Society, please visit its website www.phileconsociety.org. PES SECRETARIAT Asia-Pacifi c Policy Center Rms. 303-304, Philippine Social Science Center Commonwealth Avenue Quezon City Telefax: 926.4615 email: [email protected] 4 45th Annual Meeting 14-16 November 2007 Bangko Sentral ng Pilipinas Conference Program 5 45th Annual Meeting Day 1. Wednesday, 14 November 14 November 2007 Master of Ceremonies TERESO TULLAO, JR. De La Salle University 08:00 AM REGISTRATION 09:00 AM OPENING CEREMONY • Pambansang Awit ng Pilipinas • Welcome Remarks AMANDO M. TETANGCO \ Governor, Bangko Sentral ng Pilpinas • Opening Remarks MICHAEL M. ALBA President, Philippine Economic Society 09:30 AM KEYNOTE SPEECH • Achieving broad-based development SENEN C. BACANI President, La Frutera, Inc Entrepreneur of the Year 2006 10:00 AM COFFEE BREAK 10:30 AM PLENARY SESSION 1 • Sustaining economic growth in the long-run Moderator PETER LEE U University of Asia & the Pacifi c Panelists DANTE CANLAS School of Economics, University of the Philippines Constraints to long-run growth in the Philippines JONG-WHA LEE Asian Development Bank 6 JEHAN ARULPRAGASAM 45th Annual Meeting World Bank 14 November 2007 SAMIE LIM Philippine Chamber of Commerce & Industry 12:00 NN LUNCH Hosted by Friedrich Naumann Foundation Luncheon Speaker SIEGFRIED HERZOG Friedrich Naumann Foundation 01:30 PM PARALLEL PANELS 1 A. Trade: Regional & economic integration Organizer GEORGE MANZANO University of Asia & the Pacifi c Panelists EDSEL BEJA Ateneo de Manila University On the relevance of export-led growth to the Philippines ELIZABETH TAN Ateneo de Manila University GLORA PASADILLA Philippine Institute for Development Studies B. Economics Education Organizer AGHAM CUEVAS University of the Philippines-Los Banos Panelists AMELIA BELLO RODGER VALIENTES University of the Philippines-Los Banos Grade infl ation: Fact or myth? 7 45th Annual Meeting CHRISBELLE DIMAPILIS 14 November 2007 University of the Philippines-Los Banos A review of tertiary economics education in selected higher education institutions in the Philippines WALFRIDO BELEN Ateneo de Manila Unviversity C. Environment: Economics of mining Organizer FILOMENO STA ANA III Action for Economic Reform Panelists ROLANDO PENA Consultant, Lepanto Mines Mining investments in the Philippines: Strategic issues ART BOQUIREN University of the Philippines-Baguio Cost-benefi t case study of mining in Benguet communities MARVIC LEONEN College of Law, University of the Philippines Law and economics of mining RINA ROSALES Resource valuation in relation to mining D. Competitiveness and productivity Organizer EPICTETUS PATALINHUG College of Business Administration University of the Philippines Panelists TERESA DUENAS-CAPARAS Bangko Sentral ng Pilipinas Firm-level determinants of export performance: Evidence from the Philippines 8 SANTOS JOSE DACANAY III 45th Annual Meeting University of the Philippines-Baguio 14 November 2007 Profit and cost efficiency of Philippine commercial banks under periods of liberalization, crisis and consolidation NICETO POBLADOR Kalayaan College Th e changing face of competition CYRUS PAULO BUENAFE Hewlett-Packard Philippines A way of determining the best evolution path for export industries using product spaces E. Philippine growth statistics: How credible are they? Organizer WINFRED VILLAMIL De La Salle University Moderator CELIA REYES Philippine Institute for Development Studies Panelists FELIPE MEDALLA School of Economics, University of the Philippines VICENTE VALDEPENAS Bangko Sentral ng Pilipinas LOURDES HOMECILLO National Statistics Offi ce Discussant ESTRELLA DOMINGO National Statistical Coordination Board 9 45th Annual Meeting F. Local government fi nancial 14 November 2007 planning and management Organizer LEONARDO LANZONA Ateneo de Manila University Panelists RAYMUND FABRE EPRA-Ateneo de Manila University Introductory note: Highlights of accomplishments of the sector RUFO MENDOZA Ateneo School of Government Benchmarking study: Local fi nancial management framework for good governance FLORECITA FLORES Local Government Research & Consultancy Service Situs of the tax: A study of its implementation Discussants PRISCILLA MONTESA Department of Finance FELIXBERTO MONASTERIO Consultant, EPRS G. Monetary reforms 1 Organizer FRANCIS DAKILA JR. Bangko Sentral ng Pilipinas Panelists MA. CYD TUANO-AMADOR RACQUEL CLAVERIA FERNIDAND CO VIC DELLORO Bangko Sentral ng Pilipinas Philippine overseas workers and migrants’ remittances: Th e Dutch Disease question and the cyclicality issue 10 FRANCIS DAKILA JR. 45th Annual Meeting RACQUEL CLAVERIA 14 November 2006 Bangko Sentral ng Pilipinas Identifying the determinants of overseas Filipinos’ remittances: Which exchange rate is most relevant? AGNES YAP CRISTETA BAGSIC Bangko Sentral ng Pilipinas Adjustments in the face of peso volatility: Perspectives from the past and policy directions 03:00 PM COFFEE BREAK 03:30 PM PARALLEL PANELS 2 H. Health Organizer JOSEPH CAPUNO School of Economics, University of the Philippines Panelists ALELI KRAFT JOSEPH CAPUNO STELLA QUIMBO CARLOS ANTONIO TAN JR. School of Economics, University of the Philippines Information, incentives and practice patterns: Th e case of TB DOTS services and private physicians in the Philippines CARLOS ANTONIO TAN, JR. RUTH FRANCISCO MARIFE BACATE School of Economics, University of the Philippines Do unintended pregnancies adversely aff ect the use of facility-based delivery care? JHIEDON FLORENTINO STELLA QUIMBO School of Economics, University of the Philippines How will expanded insurance benefi ts and quality improvements change patient behavior? 11 45th Annual Meeting I. Financial markets development 14 November 2007 Organizers LEONARDO LANZONA Ateneo de Manila University Moderator ZENO ABENOJA Bangko Sentral ng Pilipinas Panelists KAREN TECSON Ateneo de Manila University A stakeholder analysis on the initiative to harmonize/integrate regulatory functions of the Bangko Sentral ng Pilipinas, Securities & Exchange Commission, and the Insurance Commission ROSEMARIE EDILLON Asia-Pacifi c Policy Center Th e consumer fi nance survey Discussants ANGELO UNITE De La Salle University EMMANUEL GUINA Rural Bank Association of the Philippines J. Energy Organizer PETER LEE U University of Asia & the Pacifi c Panelists ANNA WHITEHOUSE Total Philippines Corporation ZENAIDA MONSADA Department of Energy RAYMOND TAN De La Salle University Bioenergy from a system level perspective 12 K. Urban and land issues 45th Annual Meeting Organizer 14 November 2007 ARTURO CORPUZ Ayala Land Inc. Panelists MARIFE BALLESTEROS Philippine Institute for Development Studies Land administration and management issues: Implications on CARP PATRICK GERARD SIMON KING Ateneo de Manila University A primer on land administration in the Philippines and the Mango Avenue project L. Regulation and development Organizer MICHAEL ALBA De La Salle University Panelists RAUL FABELLA School of Economics, University of the Philippines JOY ABRENICA School of Economics, University of the Philippines MARVIC LEONEN College of Law, University of the Philippines LOURDES MONTENEGRO University of San Carlos Policing pollution control in Central Visayas, Philippines 13 45th Annual Meeting M. Monetary reforms 2 14 November 2007 Organizer FRANCIS DAKILA Bangko Sentral ng Pilipinas Panelists ELOISE GLINDRO Bangko Sentral ng Pilipinas Are Asian housing prices too high for comfort? HAYDEE RAMON Bangko Sentral ng Pilipinas Forecasting the volatility of Philippine infl ation using GARCH models JADE ERIC REDOBLADO Bangko Sentral ng Pilipinas Policy considerations in the light of oil price volatility N. Student papers Organizer MARK ALVIN BAQUIRAN San Beda College Panelists RONALDO ICO School of Economics, University of the Philippines Catastrophic health care, poverty and impoverishment in the Philippines MIGUEL ROBERTO BORROMEO JESUS CARLOS CASTILLO ELEAZAR LOPEZ JR. De La Salle University Selected demographic variables aff ecting the educational attainment of children in the Philippines Discussant ALITA ROXAS Mindanao State University 14 Day 2. Th ursday, 15 November 45th Annual Meeting Master of Ceremonies 15 November 2007 FERNANDO ALDABA Ateneo de Manila University 08:00 AM REGISTRATION 08:30 AM PLENARY SESSION 2 • Pushing Philippine manufacturing towards sustained growth Moderator ARTURO CORPUZ Ayala Land, Inc. Panelists PONCIANO INTAL
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