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Not worth the brag

Two economic stories highlighted the past week—one, the stellar growth of the country’s gross domestic product or GDP; the other, the 50 Filipino families and individuals in the Forbes list of the world’s wealthiest for 2014.

Posted: September 2nd, 2014 in Editor's Pick,Editorial,Inquirer Opinion | Read More »

Slow rehab work to blame for GDP drop

The snail-paced and much-delayed rehabilitation work in Eastern Visayas partly took a hit with the slowing down of the Philippine GDP’s (gross domestic product) growth rate, which was recorded at 5.7 percent in the first quarter.

Posted: June 7th, 2014 in Inquirer Opinion,Letters to the Editor | Read More »

Circular economy and a new model of growth

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As delegates to this year’s World Economic Forum in Manila know, East Asia has the potential to become a powerful consumer economy. And yet, the emergence of a consumer economy in Asean, and East Asia generally, takes place against a very different backdrop than European, American and Japanese growth over the previous two centuries. This time, resources are scarcer.

Posted: May 23rd, 2014 in Columnists,Columns,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

‘Unless otherwise provided by law’

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Last Wednesday I was at a hearing of the House committee on constitutional amendments, which had asked for data on “the quality of life of the Filipinos vis-à-vis the posted economic growth of the Philippines.” There I presented the SWS surveys that show that Philippine poverty, hunger and joblessness have been disappointingly flat in the past decade, despite rapid economic growth. I pointed out that joblessness of well above 20 percent is not new, but has been around since 2005, and also that “Yolanda” victims are no more jobless than nonvictims.

Posted: February 22nd, 2014 in Columnists,Columns,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Now, to make the growth inclusive…

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The Aquino administration has every right to crow about the country’s economic performance for the first quarter of this year. A 7.8-percent growth rate in real GDP is not to be sneezed at, particularly since we outpaced our Asean neighbors and China for the period.

Posted: May 31st, 2013 in Columnists,Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

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