Cha-cha

IBON debunks economic Cha-cha movers’ claims on FDI

January 19, 2021

Charter change proponents claim that removing economic protections against foreign investments is needed for economic recovery. But FDI liberalization will instead have long-term adverse impacts on national economic development.

Economic cha-cha is no vaccine for recovery or development

January 13, 2021

The economy’s development lies in using the protections in the Constitution to gain from foreign investment, not in taking away the protections and giving self-interested foreign investment free rein over the domestic economy.

Global crisis even less reason for charter change

September 28, 2019

BY SONNY AFRICA

The policy question is not how to attract foreign investment at all costs. Rather, it is asking what needs to be done for foreign capital to genuinely contribute to the country’s long-term economic development.

Neoliberal Charter change: foreign control of PH economy

September 2, 2019

Decades of economic liberalization has weakened domestic agriculture and Filipino industry, as is happening with the rice sector today. Yet Congress is still proposing to remove the last remaining protections for the economy in the 1987 Constitution.#MalalangEkonomiya #MayMagagawa #PeopleEconomics

Stop over-relying on foreign investments, government told

June 4, 2018

Soon after the enactment of the Ease of Doing Business and Efficient Government Service Delivery Act, research group IBON said that the Duterte government should not depend on foreign investments for economic progress and job generation. For expediency, the Ease of Doing Business Act or Republic Act (RA) 11032 simplifies the application process for the […]