Category: economy

Will we be the West’s ‘tank man’ vs China?

Rigoberto D. Tiglao I CERTAINLY hope we won’t, or President Duterte’s term will see an economic downturn, a year or so after what this overexcited Solicitor General Jose Calida called the country’s “crowning glory,” our victory in the UNCLOS case … Continue reading

Posted in china, economy

Philippines’ City of Illusions: Time for an Economic ‘EDSA Revolution’

Richard Javad Heydarian Earlier this year, I was astonished by a commercial, which features no less than Leonardo Di Caprio, Robert De Niro and Martin Scorsese, who playfully endorse a luxurious and lavish new casino and integrated resort in the … Continue reading

Posted in economy, edsa, revolution

The economy grew—so what?

By Mahar Mangahas A week ago (8/27/2014), Socioeconomic Planning Secretary Arsenio Balisacan was pleased to report that economic growth had accelerated to 6.4 percent/year, adjusted for inflation, in the second quarter of 2014. He touted the Philippines as the second … Continue reading

Posted in economy, poverty

For my yaya and all our OFWs

By Nicole del Rosario CuUnjieng … Ana is but one of the now overseas Filipino workers (OFWs) whom our country has failed. Our political-economic system has not provided adequate resources and support to make upward mobility possible, so those without … Continue reading

Posted in economy, OFWs

Why the Philippines Failed?

… In Why Nations Fail, economists Acemoglu and Robinson provide a brilliant explanation on how progress and development is largely a function of ‘inclusive’ — as opposed to extractive — governance. Using their dichotomy, the Philippines clearly falls within the … Continue reading

Paths to change

By Calixto V. Chikiamco OUR CURRENT situation seems hopeless. Our economic oligarchy is powerful, rich beyond imagination. It controls conglomerates that reach into almost every aspect of Filipinos’ lives, its unassailable position protected by law or other barriers to entry. … Continue reading

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