Cha-cha

Political, economic, and cultural control under charter change

April 12, 2023

Proponents in Congress and their private sector cohorts are preoccupied with pushing for charter change. But this will be to the detriment of the Philippines and its people – politically, economically, and culturally.

Cha-cha of economic provisions a smokescreen for political agenda – IBON

March 14, 2023

Rewriting the Charter’s supposedly restrictive economic provisions is just a smokescreen for the self-serving political agenda of the Marcos family and of legislators. Changing the economic provisions will not develop the economy.

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.

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.