OFW Remittances Amid Crisis: Government’s Dependable Source Faces Challenges

February 21, 2009

The situation OFWs are now facing is a wake-up call for government which has mythologized overseas remittances as some kind of magic bullet for development. IBON Features – Even as overseas Filipino workers (OFW) remittances grew by 13.7% last year, the slowdown in growth in December 2008 draws attention to the possible difficulties in the […]

The Economic Folly of Charter Change

February 5, 2009

Cha-cha proponents argue that removing the Constitution’s nationalist provisions is key to reviving foreign investment flows into the country. Yet this is a weak argument for an effort that is also about Pres. Arroyo’s extension in power beyond 2010. IBON Features – Amid lack of public consultation and accusations of railroading legislative processes, the committee […]