The Philippine Institute for Development Studies was created on September 26, 1977. PIDS was established to respond to the critical and growing need for research for planning and policy formulation. In general, PIDS research is envisioned to help government planners and policy-makers in the executive and legislative branches of government. Its primary clientele consists of the network of agencies which make up the National Economic and Development Authority. PIDS was established by virtue of Presidential Decree No. 1201. PIDS is organized as a nonstock, nonprofit government corporation.