By Solita Collas-Monsod
It was a disastrous third quarter for agriculture, hunting, fisheries and forestry (AHFF), according to the latest National Income Accounts estimates—a minus 2.7 growth rate (meaning a contraction). Disastrous for whom?
By Mahar Mangahas
The late Vicente “Ting” Paterno had very many talents—mechanical engineer; business school graduate; private-sector executive; government technocrat in portfolios of investments, industry, and public works; business entrepreneur. He worked with the National Movement for Free Elections and the Bishops-Businessmen’s Conference for Human Development. He revived the Medium and Small Scale Industries Coordinated Action Program (as Masicap II, independent of the government).
By David L. Balangue
The Philippines registered a gross domestic product (GDP) growth rate of 5.3 percent in the third quarter that ended on Sept. 30. It dropped from 6.4 percent in the second quarter; nevertheless, it is second only to China’s 7.3 percent in the region. While the growth rate is commendable (despite the drop), for which the government rightfully deserves credit, the criticism continues that economic growth is uneven and the marginalized sector has not benefited from it, with the gap between rich and poor even getting worse. (This is consistent with the Philippines’ 45.8 Gini score—or a measure of the inequality of the distribution of wealth: the higher the score, the higher the inequality—which makes it the 35th country with the most uneven distribution of wealth in the world.)
By Roy P.M. Perez
I understand the bitter resentment and popular perception of my fellow “Yolanda” survivors that the national government is handling the rehabilitation efforts with the speed of a turtle dying of the combined affliction of cancer (stage 4) and Ebola.
By Neni Sta. Romana Cruz
It’s almost the end of November, which is Philippine Book Development Month as mandated by law and the Department of Education’s National Reading Month. And happily, many book-related events continue to take place.