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57th Annual Meeting and Conference


Rethinking Development Strategies: Integrating Technology, Promoting Competitiveness, Reinvigorating Industries

07 November 2019 | Novotel Manila, Araneta Center, Quezon City

The Philippine economy has been growing at an average of more than six percent since 2010. The country’s economic vitality anchors in strong consumer demand, supported by remittances and improving labor market amid increasing urbanization and a growing middle class. Economic growth is further buoyed in recent years by capital investments as businesses improve productive capacity and the government pursues its infrastructure investment programs. Maintaining and strengthening this growth trajectory, however, may require rethinking of development strategies specially in the context of emerging technological trends. These technological advancements pose new opportunities and challenges to the Philippines, appearing in many facets of the economy, businesses and people’s lives such as in the rise of e-commerce, financial technology, sharing platforms, IT-BPM industry, and Industry 4.0.

Technology can promote competitiveness and productivity growth. It can benefit the agriculture sector through mechanization and the application of biotechnology, and the manufacturing and services through the integration of production systems, streamlining of processes, and improvements in supply and value chain. It is also seen as part and parcel of the solution to reduce the complexity of doing business in the country; promote social inclusion and participation; and address health and environmental challenges. Nonetheless, technologies can also be a potential source of risks and disruptions in the form of social inequality, labor displacement, and security and privacy risk. Managing the risks associated with disruptive technologies needs thoughtful answers to questions like how to better educate and equip the youth for the future, how to upgrade and reskill the workforce, how to make MSMEs more innovative, and how to address regional disparities and imbalances, among others.

Ultimately, the narrative on technology is tied to its potential as a driver of structural reforms and long-term economic development. To sustain growth, the economy needs to industrialize.  Industrialization is not just about manufacturing, but also about the manufacturing sector’s linkages and connections with agriculture and services. In this age of digital and knowledge economy, how can the Philippines industrialize, and what should be the strategy? Our economic sectors are largely characterized by gaps in supply and value chains; by low value, back-end assembly and test; and high dependence on imports due to lack of local raw materials and intermediate parts and components supply.  It is also largely dominated by the services sector particularly by the wholesale and retail including low value-added repair of vehicles and appliances. Given its current economic structure, how can the country leverage technologies to realize inclusive and sustainable growth and development goals?

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    Conference Program

    7:30-8:30 AM


    8:30-8:45 AM

    Welcome Remarks

    Lawrence B. Dacuycuy

    President, Philippine Economic Society


    8:45-9:15 AM

    Keynote Presentation

    PH New Industrial Strategy: Embracing Industry 4.0 and S&T-based Industrial Development

    Rafaelita M. Aldaba

    Undersecretary, Department of Trade and Industry


    9:15-10:30 AM

    PLENARY SESSION I. Rethinking Development Strategies

    Panel Speakers:

    Rosemarie G. Edillon

    Undersecretary, National Economic and Development Authority


    Eli M. Remolona

    Professor of Finance and Director of Central Banking, Asia School of Business


    Marilou Uy

    Director, Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development


    Minette B. Navarrete

    Co-founder and President, Kickstart Ventures, Inc.



    Emilio S. Neri, Jr.

    Chief Economist, Bank of the Philippine Islands


    10:30-11:30 AM

    PLENARY SESSION II. Climate Change and the Economy: Translating the Physical Impacts of Climate Change into Economic Terms

    (Sponsored by the National Economic and Development Authority)


    Presentation on Estimation of Climate Change Damage Functions

    World Bank


    Panel of Reactors:

    Rosemarie G. Edillon

    Undersecretary, National Economic and Development Authority


    Emmanuel de Guzman

    Secretary, Climate Change Commission


    Laura David

    Director, Marine Science Institute, University of the Philippines


    Agustin Arcenas

    Associate Professor, School of Economics, University of the Philippines



    Nerissa Esguerra

    Director, Development Information Staff, National Economic and Development Authority


    11:30-12:30 PM

    PLENARY SESSION III. The Fourth Industrial Revolution and ASEAN Economic Integration: Issues in Research and Methodologies

    (Sponsored by the De La Salle University)


    Structure of Research in the Philippines: Implications on the Fourth Industrial Revolution

    Tereso S. Tullao, Jr.

    Adjunct Professor of Economics, De La Salle University


    Engineering the Circular Economy

    Raymond R. Tan

    Vice Chancellor for Research and Innovation, De La Salle University



    Mitzie Irene P. Conchada

    Associate Dean and Full Professor, School of Economics, De La Salle University


    12:30-1:30 PM


    Induction of New PES Members

    Awarding of Best Papers

    Breakout Session: Strategies in Publishing: Conversations with Journal Editors

    (Slots are limited. Click here to register.)

    Panel Speakers:

    Calla Wiemer

    Editor-in-Chief, Journal of Asian Economics


    Jesus Felipe

    Managing Editor, Asian Development Review


    Tereso S. Tullao, Jr.

    Editor-in-Chief, DLSU Business and Economics Review


    Emmanuel S. de Dios

    Immediate former Editor-in-Chief, The Philippine Review of Economics



    Majah-Leah V. Ravago

    Associate Professor, Ateneo de Manila University Department of Economics


    1:30-3:00 PM

    Parallel Sessions A

    Session A1. Innovative Approaches in Measuring Poverty and Poverty Impact Assessment (DLSU-sponsored session)

    Session A2. Labor Market Characteristics of the Disadvantaged Sectors (NEDA-sponsored session)

    Session A3. Trade, Capital Flows, and Macroeconomic Fluctuation (BPI-sponsored session)

    Session A4. Socioeconomic Researches in Agriculture, Aquatic, and Natural Resources (AANR) Sector (PCAARRD-sponsored session)

    Session A5. Economics of the Household: Theoretical and Empirical Perspectives

    Session A6. Issues and Possibilities in the Economics of Innovation

    Session A7. Institutional Economics, Law and Order, Liability Rules

    Session A8. Human Capital, Education, and Social Mobility


    3:00-3:20 PM

    Break and Poster Session

    3:20-4:50 PM

    Parallel Sessions B

    Session B1. The Fourth Industrial Revolution in Finance and Insurance: Issues and Challenges (DLSU-sponsored session)

    Session B2. Local Econ-spatial Planning (NEDA-sponsored session)

    Session B3. Digital Economies, Productivity, and Efficiencies (FNF-sponsored session)

    Session B4. Bangko Sentral ng Pilipinas Session (BSP-sponsored session)

    Session B5. Assessing Human Capital Outcomes in the Philippines

    Session B6. Technological Change and the Philippine Labor Market

    Session B7. Fisheries

    Session B8. Agriculture


    4:50-6:00 PM

    PLENARY SESSION IV. Dynamic Markets, Growth, and Inequality: Can Antitrust Crack the Code?

    (Sponsored by the Philippine Competition Commission)

    Panel Speakers:

    Arsenio M. Balisacan

    Chairman, Philippine Competition Commission


    Stella Luz A. Quimbo

    Member, House of Representatives


    Kelly Bird

    Country Director (Philippines), Asian Development Bank


    Raul V. Fabella

    Professor Emeritus, University of the Philippines School of Economics


    Guillermo M. Luz

    Chairman, Liveable Cities Challenge



    Ronald U. Mendoza

    Dean, Ateneo School of Government


    Induction of Young Economists Honor Society 2019

    Announcement of PES Election Results

    Closing Ceremony


    Disclaimer: This listing includes only the presentations whose authors gave us permission to make available to the public.
    (Click on the titles to access a PDF copy of the presentation files.)

    Keynote Presentation

    PH New Industrial Policy i3S: Embracing Innovation and Industry 4.0 (Undersecretary Rafaelita M. Aldaba, Department of Trade and Industry)


    Plenary Presentation

    Estimating Climate Change Impacts in the Philippines (Stephen Ling, World Bank-East Asia and Pacific Region)


    Breakout Session: Labor Market Characteristics of the Disadvantaged Sectors

    Out-migration in Philippine Agriculture (Ritchelle J. Alburo, National Economic and Development Authority)

    Determinants of Female Labor Force Participation (Rosemarie G. Edillon, National Economic and Development Authority)


    Breakout Session: Socioeconomic Researches in Agriculture, Aquatic, and Natural Resources (AANR) Sector

    Role of Cooperatives in Technology Adoption for Improved Production and Market Efficiency in Dairy Buffalo (Agham Cuevas, University of the Philippines-Los Baños)


    Breakout Session: Local Econ-spatial Planning

    Economic Impact of Pedestrianization of an Urban Space in Metro Cebu (Crispin Diaz, UP Planades)

    Estimating the Urban Carrying Capacity of Baguio City (Donna Tabangin, CERTEZA)


    Breakout Session: Agriculture

    The State of Selected Agri-tourism Venture in Bohol (Rosemary G. Zacal, Holy Name University)

    How to Register

    Step 1. Fill out the online registration form.

    Online Registration Form

    Step 2. Pay the corresponding registration fees:

    Regular rate PhP 3,000
    Early bird rate PhP 2,400 (only until 30 September 2019)
    PES Members  PhP 1,500
    Paper Presenters PhP 1,500
    Students PhP 1,000

    Payment options:

    Pay online:


    Registration Categories


    Pay through bank deposit and send a clear copy of the deposit slip to

    Account name: Philippine Economic Society, Inc.
    Account number: SA 408 009 8378
    Bank branch: BDO West Avenue-Del Monte Branch


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