{
    "id": 14629,
    "date": "2024-01-26T16:20:03",
    "date_gmt": "2024-01-26T08:20:03",
    "guid": {
        "rendered": "https:\/\/www.ibon.org\/?p=14629"
    },
    "modified": "2024-02-05T07:43:52",
    "modified_gmt": "2024-02-04T23:43:52",
    "slug": "fdi-doesnt-mean-devt",
    "status": "publish",
    "type": "post",
    "link": "https:\/\/www.ibon.org\/en\/fdi-doesnt-mean-devt\/",
    "title": {
        "rendered": "Foreign investment doesn&#8217;t mean development"
    },
    "content": {
        "rendered": "<p class=\"wp-block-paragraph\">The Marcos Jr administration claims that relaxing the Philippine Constitution&#8217;s economic restrictions through charter change or Cha-cha will attract more foreign investments and bring development to the country. But will further investment liberalization do this or just worsen Filipinos\u2019 economic woes?<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6eb5c74b2ed&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6eb5c74b2ed\" class=\"wp-block-image size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"8000\" height=\"8000\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00.png\" alt=\"\" class=\"wp-image-14632\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00.png 8000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/01\/240126-fdi-devt-00-1000x1000.png 1000w\" sizes=\"auto, (max-width: 8000px) 100vw, 8000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<figure data-wp-context=\"{&quot;galleryId&quot;:&quot;6a6eb5c74b5a7&quot;}\" data-wp-interactive=\"core\/gallery\" class=\"wp-block-gallery has-nested-images columns-4 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6eb5c74b9a1&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6eb5c74b9a1\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"4000\" height=\"4000\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" data-id=\"14667\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01.png\" alt=\"\" class=\"wp-image-14667\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01.png 4000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-2048x2048.png 2048w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-01-1000x1000.png 1000w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6eb5c74bf33&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6eb5c74bf33\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"4000\" height=\"4000\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" data-id=\"14668\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02.png\" alt=\"\" class=\"wp-image-14668\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02.png 4000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-2048x2048.png 2048w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-02-1000x1000.png 1000w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6eb5c74c4be&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6eb5c74c4be\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"4000\" height=\"4000\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" data-id=\"14669\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03.png\" alt=\"\" class=\"wp-image-14669\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03.png 4000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-2048x2048.png 2048w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-03-1000x1000.png 1000w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a6eb5c74c9f5&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a6eb5c74c9f5\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"4000\" height=\"4000\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" data-id=\"14670\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04.png\" alt=\"\" class=\"wp-image-14670\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04.png 4000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-2048x2048.png 2048w, https:\/\/www.ibon.org\/wp-content\/uploads\/2024\/02\/240205-fdi-devt-04-1000x1000.png 1000w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewbox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n<\/figure>",
        "protected": false
    },
    "excerpt": {
        "rendered": "<p>The Marcos Jr administration claims that relaxing the Philippine Constitution&#8217;s economic restrictions through charter change or Cha-cha will attract more foreign investments and bring development to the country. But will further investment liberalization do this or just worsen Filipinos\u2019 economic woes?<\/p>",
        "protected": false
    },
    "author": 3,
    "featured_media": 14671,
    "comment_status": "open",
    "ping_status": "open",
    "sticky": false,
    "template": "",
    "format": "standard",
    "meta": {
        "_acf_changed": false,
        "_exactmetrics_skip_tracking": false,
        "_exactmetrics_sitenote_active": false,
        "_exactmetrics_sitenote_note": "",
        "_exactmetrics_sitenote_category": 0,
        "footnotes": ""
    },
    "categories": [
        39
    ],
    "tags": [
        355,
        1225,
        1318,
        2972
    ],
    "class_list": [
        "post-14629",
        "post",
        "type-post",
        "status-publish",
        "format-standard",
        "has-post-thumbnail",
        "hentry",
        "category-infographics",
        "tag-charter-change",
        "tag-economic-charter-change",
        "tag-foreign-direct-investment",
        "tag-marcos-jr-administration",
        "wpautop"
    ],
    "acf": [],
    "publishpress_future_action": {
        "enabled": false,
        "date": "2026-08-09 11:13:11",
        "action": "change-status",
        "newStatus": "draft",
        "terms": [],
        "taxonomy": "category",
        "extraData": []
    },
    "publishpress_future_workflow_manual_trigger": {
        "enabledWorkflows": []
    },
    "_links": {
        "self": [
            {
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/posts\/14629",
                "targetHints": {
                    "allow": [
                        "GET"
                    ]
                }
            }
        ],
        "collection": [
            {
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/posts"
            }
        ],
        "about": [
            {
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/types\/post"
            }
        ],
        "author": [
            {
                "embeddable": true,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/users\/3"
            }
        ],
        "replies": [
            {
                "embeddable": true,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/comments?post=14629"
            }
        ],
        "version-history": [
            {
                "count": 4,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/posts\/14629\/revisions"
            }
        ],
        "predecessor-version": [
            {
                "id": 14672,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/posts\/14629\/revisions\/14672"
            }
        ],
        "wp:featuredmedia": [
            {
                "embeddable": true,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/media\/14671"
            }
        ],
        "wp:attachment": [
            {
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/media?parent=14629"
            }
        ],
        "wp:term": [
            {
                "taxonomy": "category",
                "embeddable": true,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/categories?post=14629"
            },
            {
                "taxonomy": "post_tag",
                "embeddable": true,
                "href": "https:\/\/www.ibon.org\/en\/wp-json\/wp\/v2\/tags?post=14629"
            }
        ],
        "curies": [
            {
                "name": "wp",
                "href": "https:\/\/api.w.org\/{rel}",
                "templated": true
            }
        ]
    }
}