Features

On changing the economic provisions of the 1987 Constitution: More foreign investment does not mean more development

January 26, 2023

As the House Committee on Constitutional Amendments considers proposed amendments, IBON raises five major points on why economic provisions in the 1987 Constitution should be retained.

Bongbong will be tested on the economy in 2023

January 21, 2023

The binding constraint to steadier progress and development is the outdated faith in market forces. The blindness to the state’s responsibility to intervene will mean worse times in 2023. It will also reopen lockdown wounds that were hidden by last year’s rebound but haven’t really healed yet.

Will World Economic Forum folks believe Bongbong?

January 16, 2023

The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.

Maharlika Fund: Dubious, pretentious and self-serving

December 2, 2022

Something’s wrong. We asked for a wealth tax which would have been paid by a few and could have helped the many. Instead, we’re getting a wealth fund which is paid for by the many and will enrich a few.

It’s an emergency: Help millions of Filipinos in crisis now

November 2, 2022

The government’s spending priorities need to be fixed. Social protection needs to be expanded to help families and sectors in need. It is also never too early to start taking steps to develop the national economy and make Filipinos less vulnerable to external economic shocks.

The world’s converging crises: How did we get here?

October 20, 2022

The world economy is faced with converging crises – high debt levels, food and fuel inflation, weakening currencies, and a climate emergency that makes the planet’s very future uncertain. It’s a perfect storm for everyone, but it is having a disproportionate impact on poor countries and their poor populations.

Marcos Jr’s first 100 days: The truth is out

October 8, 2022

The first 100 days are arguably the most crucial moment to make a break from the past – not just from the past administration but from poverty, inequality and underdevelopment. The Marcos Jr administration failed to do anything with this moment and, if anything, confirmed that it is unable to even imagine any real fundamental change.

PH Peso: Catch Me I’m Falling

October 6, 2022

The Philippine peso has been hitting record low after record low. This will be among the main drivers of accelerating domestic inflation which will burden Filipinos with rising prices of basic needs on top of their floundering incomes and earnings.

What Marcos Jr’s US trip was really for

October 5, 2022

The real success of Marcos Jr’s trip to the US was the rehabilitation of his family’s justifiably tarnished name and rebuilding foreign policy bridges that former Pres. Duterte burned. However, the trip did not really bring back anything beneficial for the people especially in terms of solving the country’s long-standing economic crisis.