GDP

Economic slowdown stresses urgency of boosting household purchasing power with wage hikes, ayuda– IBON
May 14, 2023
The continuing deceleration in household spending from low incomes and high prices is among the biggest factors in the slowdown, and is among issues that the administration can immediately address

Filipino workers productivity increasing but real wages falling — IBON
May 8, 2023
The gains from growing productivity are not going to workers as higher wages but to the profits of corporations and the wealth of the super-rich. Giving workers their fair share through decent wages will uplift their lives and also spur economic progress.

Filipinos didn’t feel growth because of ayuda cuts and stingy wage hikes – IBON
January 27, 2023
Millions of ordinary Filipinos did not benefit from supposedly rapid 2022 growth because the government tightened the purse strings on urgent cash assistance and only gave a negligible wage hike last year.

8.3% in Q1-2022 the end of high GDP growth rates
May 12, 2022
While economic growth in the first quarter of 2022 is welcome, this is mainly driven by base effects and election-related spending. Growth is also weak and unsustainable considering the unfavorable jobs market. Things could be even worse depending on how the volatile global economy plays out. This will likely be the last relatively high growth reported, and the next administration will have to make do with weaker growth performance.

Philippine economy suffered under Marcos
February 26, 2022
The decade 1975-1986 was actually a time of intense social crisis and economic difficulty for most Filipinos.

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.

Under Marcos, PH economy worst performing in Asia
September 18, 2021

Govt’s 7-9% growth in 2022 is just a fantasy – IBON
August 26, 2021
The Development Budget Coordination Committee has had a poor record of projecting economic growth in the last five years with their estimates always off the mark. Worse, their narrow-minded fiscal conservatism is the biggest factor preventing more rapid recovery.