Global Trouble, Local Bubble

January 26, 2019

by Sonny Africa The Philippine economy is slowing amid a global economy in a new period of uncertainty, unpredictability and volatility. The country’s economic policymaking however remains stuck in an imaginary world of efficient free markets, beneficial globalization and humane capitalism. A clearer view of where the world is today compels new economics more than […]

Worst Job Generation in Post-Marcos Period

January 24, 2019

Under Duterte, econ slowing and job creation the lowest since after Marcos–IBON

January 16, 2019

Research group IBON said that the economy is slowing under the Duterte administration and that its first two full years registered the lowest level of job creation among post-Marcos administrations. The group said that these obvious signs of the country’s troubled economy should be enough to make the government reconsider its overly market-driven policies. Budget […]

Econ slowdown due to failed govt policies, may be sign of worse to come–IBON

November 10, 2018

Research group IBON said that the government should take the economy’s 3rd quarter growth slowdown as showing what needs to be improved in its economic policies instead of being dismissive about it. Its flagship Build, Build, Build will only be a short-term boost to the economy at best and direct measures to strengthen domestic agriculture […]

Poor-quality work increased amid economic growth–IBON

May 16, 2018

First quarter economic growth this year did not translate to better jobs for Filipinos, research group IBON said. This means that despite government claims that the groundwork for reforms has been laid, growth has remained essentially exclusionary, generating jobs that are insecure and low-paying, said the group. Socio-Economic Planning Secretary Ernesto Pernia recently announced the […]

A million jobs lost in agri despite Q3 growth – IBON

November 24, 2017

Research group IBON said that the economy may have had fast growth in third quarter 2017, but this was exclusionary considering that there were significant job losses during the same period. The group said that as long as economic growth remains dependent on external and unsustainable factors, this would not translate into the stable, decent […]

Amid growth: PH unemployment still worst in Asia–IBON

May 23, 2016

Research group IBON warned against overestimating the reported high election-boosted economic growth as a sign of economic success. Economic growth is important but should not be used to divert public attention from fundamental problems of chronic joblessness and poverty, the group said. The Philippine economy’s reported 6.9% growth in gross domestic product (GDP) in the […]

Jobs crisis will persist despite growing FDI if next admin retains neolib frame–IBON

April 27, 2016

#BeyondElections2016 | Research group IBON pointed out that growing foreign investment under the Aquino administration has not improved the country’s jobs situation. This, as the presidentiables vow to continue the major economic policies of the incumbent administration, which has made attracting foreign direct investment (FDI) a key strategy for inclusive growth. IBON noted that annual […]