GDP growth

Latest growth figures confirm economy in decline under Marcos Jr
August 10, 2023
The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.

Challenge to the next administration: Stop PH structural economic decline
February 7, 2022
The economy’s problems are much bigger than presidential candidates think.They should also be asked — what will you do to fix how agriculture and manufacturing have fallen to their lowest shares of gross domestic product (GDP) in 70 years since the 1950s? Read more in the IBON Birdtalk briefing paper.

Philippines Worst in ASEAN
February 4, 2022
The economy and majority of Filipinos have hit rock bottom under Duterte, and that it is more urgent than ever for the 2022 elections to herald new economics and governance.

PH 2nd fastest ASEAN growth but worst unemployment — IBON
February 4, 2022
The Philippines is among the fastest growing economies in Southeast Asia but this does not mean that Filipinos are better off.

Jobless growth and worst in ASEAN: IBON on PH economic performance in 2021
January 27, 2022
The economic managers are overstating their performance and understating the economy’s problems. This isn’t a good starting point for finding solutions.

Jobless, sluggish growth persists contrary to gov’t hype — IBON
November 10, 2021
Economic managers shouldn’t celebrate too soon over seemingly positive third quarter growth as more and more Filipinos lose jobs and increasingly make do with informal work. Economic growth is also still slowing with many sectors years from recovery.

IBON Executive Director on the 2021 3rd quarter GDP growth
November 9, 2021

Who is afraid of degrowth?
A Global South economic perspective
October 12, 2021
Environmental scientists, economists, academics and social movements have been talking about “degrowth” as an approach in dealing with the climate crisis. The concept makes perfect sense, but it has provoked doubts and objections, even among well-meaning environmentalists.

IBON Executive Director on Q2 2021 economic growth and urgent need for ayuda
August 10, 2021
[QUOTE] The 11.8% growth figures come at the worst possible time. The economic managers will use this to justify their narrow-minded opposition to a real fiscal stimulus. Yet putting more money in the hands of millions of poor and vulnerable Filipinos is extremely effective to fix the economic damage from the ill-conceived over-reliance on lockdowns to contain the pandemic.