The world’s converging crises: How did we get here?
October 20, 2022
The world economy is faced with converging crises – high debt levels, food and fuel inflation, weakening currencies, and a climate emergency that makes the planet’s very future uncertain. It’s a perfect storm for everyone, but it is having a disproportionate impact on poor countries and their poor populations.
High inflation confirms urgent need for real ayuda
September 8, 2022
Prices remain high, while ayuda has been slow, lacking and limited to only a few recipients. More increases are projected–it is insensitive and neglectful of the Marcos administration to make huge cuts in the ayuda budget.
Marcos should admit 3-year high inflation to propose real solutions — IBON
July 6, 2022
Inflation is at its highest in three years, but instead of offering a real solution to soaring prices, the newly-installed Marcos administration is downplaying the severity of this and saying it is beyond government control.
What’s up, pork? (Part Two)
March 19, 2021
FEATURES – The Duterte government can do a lot of things to recover domestic hog production, consumer capacity and the national economy. But it has just opted to cater to private profits, foreign pressures and whims of public officials. And they have just been hogging everything to themselves, as they have done during the pandemic lockdown and beyond.
What’s up, pork? (Part One)
March 19, 2021
FEATURES – Again, the Duterte government is proposing importation without careful consideration. A year of unscientific and irrational responses – that has been more fatal than the plague itself.
Cash subsidies for poorest households urgent as inflation reaches 21-month high
January 5, 2021
In the face of soaring prices, joblessness and meager incomes, emergency cash subsidies for the poorest Filipinos and support for small businesses need to be increased substantially. Distribute Bayanihan 2 cash assistance immediately, and a new cash subsidy program to cover several millions of vulnerable citizens should be drawn up.
High prices still burden poor despite inflation slowdown–IBON
December 5, 2018
On the release of the November 2018 inflation rate, research group IBON said that prices are still high and rising even with the reported slowdown. This remains a burden on poor families trying to live off low and precarious incomes. Substantial and longer-term solutions are still needed, said the group. Headline inflation slowed to 6.0% […]
Lowest-income households have lost as much as Php6,800 to high inflation
November 6, 2018
The incomes of the country’s poorest households have eroded after ten months of accelerating inflation. Research group IBON estimates that the poorest 60 million Filipinos have suffered income losses of anywhere from Php2,500 to as much as Php6,800 because of worsening inflation since the start of 2018. The inflation rate has increased from 3.4% in […]
Stubbornly high inflation increases risk of econ slowdown, unmanageable debt–IBON
November 6, 2018
Research group IBON said that the apparently uncontrollable inflation is fast becoming a flashpoint of the administration’s economic mismanagement. High inflation is combining with rising interest rates, slowing remittances and failing exports to dampen economic growth. The administration is desperate for a short-term infrastructure stimulus to compensate for these, said the group, but a major growth slowdown […]