Charter change
Executive Director on economic Charter Change
February 7, 2024
The spectacular errors of economic cha-cha proponents
February 4, 2024
COMMENTARY
It has become Cha-cha etiquette to always sugarcoat political changes with promises of a bright economic future once the charter’s economic provisions are fixed.
Foreign investment doesn’t mean development
January 26, 2024
The Marcos Jr administration claims that relaxing the Philippine Constitution’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’ economic woes?
Econ Cha-cha will not develop PH nor solve livelihood crisis — IBON
January 18, 2024
Cha-cha will only bring more of the same foreign investment liberalization that has stranded the country’s development for decades and left millions of Filipinos struggling amid a jobs crisis.
Executive Director on renewed calls for Charter Change
January 16, 2024
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.
Millions of Filipinos still poor despite foreign investments
March 23, 2023
Some politicians claim that more FDI after charter change will reduce poverty. However, poverty has stayed high over the years of increasing FDI.
Unemployment worsened even with more foreign investment
March 23, 2023
Proponents of charter change insist that more FDI from changing the Constitution’s economic provisions will create job opportunities and decrease unemployment. Has unemployment decreased as FDI increased?
Job creation weakened despite rapid FDI growth
March 23, 2023
One of the key arguments of charter change proponents is that liberalizing the economy to FDI will create more jobs. But job creation has actually weakened even as foreign direct investment inflows increased.