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‘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 »

Prosperity without growth

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The rise in the number of unemployed Filipinos in the midst of economic growth has made our government officials take a serious look at the current economic strategy. This pattern of jobless growth partly explains why the level of mass poverty in our country has remained unchanged even as the economy seems to be growing.

Posted: May 4th, 2013 in Columnists,Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Focus on sharing the growth

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The big news this week was the Jan. 31 report by the National Statistical Coordination Board that the real Gross Domestic Product (GDP) for the full year 2012 was 6.6 percent above the GDP for the full year 2011.

Posted: February 1st, 2013 in Columnists,Columns,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Weaknesses turned strengths

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Confidence in the Philippine economy, whether from within or from outside, appears to be catching on. Various analysts are consistently coming out with positive predictions on how our economy will shine among others in the years ahead. We haven’t seen this level of confidence in our economic outlook since the 1990s, when President Fidel V. Ramos succeeded in attracting a lot of foreign investor attention for the country, leading to booming stock markets and accelerating production and incomes.

Posted: September 17th, 2012 in Columnists,Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Growth gains didn’t trickle down

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Philippine economic performance during the past decade came under close scrutiny at the annual meeting of the Asian Development Bank (ADB) and was found wanting.

Posted: May 7th, 2012 in Columnists,Columns,Editor's Pick,Inquirer Opinion | Read More »

PLDT-Digitel deal

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MANILA, Philippines—For more than half a century, the country’s telecommunications sector was dominated by a private monopoly, Philippine Long Distance Co. (PLDT). During this period, our telecommunications sector was in a dismal state as indicated by the long waiting time of up to more than 10 years for owning a telephone. Due to underinvestment in [...]

Posted: May 14th, 2011 in Inquirer Opinion,Talk of the Town | Read More »

Divergent paths

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Some years back, I wrote about how the economies of Thailand and the Philippines had been virtual identical twins in 1970, but have since dramatically parted ways. The numbers tell the story quite clearly. In 1970, both countries had the same populations of 36 million each, growing at the same rate of 3.1 percent per [...]

Posted: May 10th, 2011 in Columnists,Columns,Inquirer Opinion | Read More »

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