Philippine labor and the economy
PHILIPPINE LABOR AND THE ECONOMY Jorge V. Sibal (2008) TABLE OF CONTENTS Page • Foreword ……………………………………………………….......... iii • Preface and Acknowledgement ………………………………… iv • Curriculum Vitae of Professor Jorge V. Sibal ……………… vii Theoretical Underpinnings 1. Industrial Relations and the Social Sciences ………………………...... 1 2. Systems Approach in the Study of IR ………………………………....... 4 3. Industrial Relations and the Economic System ……………………... 8 4. Industrial Relations and Economic Development ……………….. 13 5. Industrial Relations Environment ………………………………….. 18 6. The Entrepreneur and the Development of Science and Technology. 25 7. The Entrepreneurs and the Economy ………………………….......... 28 Economic Policies and Issues 8. Wages of Labor ……................................................................... 32 9. Incomes Policy ………………………………………………………….................. 40 10. Trade and Investment Theories and Globalization …………………..... 51 11. Trade and Investment Policies ……………………………………........ 57 12. Fiscal Policy and Taxation …………………………………………............. 66 13. Financial System and Monetary Policy ………………………………….... 76 14. Money and Banking ……………………………………………………............ 83 15. Non-Bank Financial Institutions …………………………………………........ 88 16. Capital Market and Long-term Financing ………………………… 96 17. The Philippine Labor Situation …………………………………………... 100 18. Issues and Problems in the Philippine Industrial Relations System. 113 19. Policy Issues and Challenges in the Philippine Labor Sector …….. 125 20. Industrial Culture and Industrialization ………………………………. 136 21. Strengthening Offshoring in the Philippines …………………………... 153 22. Measuring the Informal Sector in the Philippines and the ........... 167 Trends in Asia 23. Local Government Unit Practices in Labor Protection in the ……... 182 Informal Sector 24. Globalization and Changes in Labor Market Policies and ……………. 195 Industrial Relations Practices 25. Appendixes of Charts, Figures and Tables …………………………….... 224 U.P. Industrial Relations Alumni Association, Inc. (UP-IRAA) U.P. School of Labor and Industrial Relations, Bonifacio Hall, Diliman, Quezon City