Draft 12-08-09.docVIP

International Labour Office Policy Integration Department Crafting Coherent Policy Responses to the Crisis in the Philippines Fernando Aldaba and Reuel Hermoso Paper for the Policy Coherence Forum Overcoming the jobs crisis and shaping an inclusive recovery: The Philippines in the Aftermath of the global economic turmoil 11 – 12 March 2010, Makati City, Philippines March 2010 Table of Contents Content Page Abbreviations 3 Introduction 4 Background and Objectives of the Study 5 A Framework for Analysis: Transmission Channels and the Response 5 The Macroeconomic and Labour Impact of the Crisis 8 Government Responses to the Crisis 39 Assessing the Government Response 43 Responses of the Other Major Stakeholders 53 Recommendations for Coherent Policy Response and Addressing Decent Work Deficits 56 Selected References 62 Key Officials Interviewed 63 Annex A: Timeline of the Government Response 64 Annex B: Key Policies and Programmes in the Government Response 65 ABBREVIATIONS 4Ps Pantawid Pamilyang Pilipino Program ADB Asian Development Bank APL Alliance of Progressive Labour BPO Business Process Outsourcing BSP Bangko Sentral ng Pilipinas CLEEP Comprehensive Livelihood and Emergency Employment Program CAS Cabinet Assistance System CFO Commission on Filipinos Overseas DepEd Department of Education DILG Department of the Interior and Local Government DOH Department of Health DOLE Department of Labour and Employment DSWD Department of Social Welfare and Development DTI Department of Trade and Industry ERP Economic Resiliency Plan FFW Federation of Free Workers FGD Focus group discussion FIES Family Income and Expenditure Survey GFC Global Financial Crisis GDP gross domestic product GNP gross national product GRIM Global Recession Impact Monitor GRIN Global Recession Impact News ILO International Labour Organization IPD Institute for Popular Democracy KALAHI-CIDDS KALAHI Comprehensive and Integrated Delivery of Social Servi