foreign direct investments
Our destructive foreign investment fetish
March 28, 2022
Is foreign direct investment the magic bullet for development that it is so often made out to be? Not really, if we look at the Philippine experience with unjaundiced eyes.
Big stimulus bill prioritizing aid more urgent than easing foreign restrictions–IBON
April 18, 2021
Every additional COVID-19 response measure over the meager amounts allotted by the administration will help the country get out of this crisis faster, whereas bills expanding foreign businesses’ profit-making will not be of any help at all.
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.
IBON Executive Director on the CREATE Bill and FDI
May 28, 2020
Opening Statement for the House Committee on Constitutional Amendments on the Proposed Amendments to the 1987 Constitution
February 13, 2020
The current global context of growing protectionism, a turnaround from investment liberalization, and eroding multilateralism make relaxing foreign equity restrictions even more inappropriate
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 […]
Federalism Cha-cha weakens nationalist provisions–IBON
August 16, 2017
Research group IBON criticized the weakening of nationalist provisions of the 1987 Philippine Constitution in the proposed federalism charter of pro-administration solons. The group said that the insertion of the phrase “unless otherwise provided by law” in portions restricting foreign participation in essential sectors threatens prospects for the Philippine economy to develop independently. Introduced by […]
