GDP growth

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.

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.

Strong economy? Growth slowing even pre-pandemic

July 25, 2021

The Duterte administration keeps on repeating that the Philippine economy was strong coming into the pandemic. Official statistics prove otherwise.