gross domestic product
A million jobs lost in agri despite Q3 growth – IBON
November 24, 2017
Research group IBON said that the economy may have had fast growth in third quarter 2017, but this was exclusionary considering that there were significant job losses during the same period. The group said that as long as economic growth remains dependent on external and unsustainable factors, this would not translate into the stable, decent […]
2nd quarter growth weakest in five election years: Bold new economic policies needed
August 18, 2016
Research group IBON said that the 7.0% growth in the second quarter of 2016 and 6.9% growth in the first semester are the weakest in the past five election years and challenge the Duterte administration. Bold changes in economic policies are needed to achieve sustained higher growth, said the group. According to IBON, the […]
Elitist politics and economics: the real Aquino legacy
July 1, 2016
The next presidency is challenged to tackle a worst-ever jobs crisis, heightened inequality,and pro-foreign and pro-business policies sown under Aquino’s leadership Towards the end of its six years in office, the Aquino government boasted its legacy of inclusive growth. Indeed for its neoliberal thrusts the Aquino administration may have achieved certain economic outcomes. But for […]
Amid growth: PH unemployment still worst in Asia–IBON
May 23, 2016
Research group IBON warned against overestimating the reported high election-boosted economic growth as a sign of economic success. Economic growth is important but should not be used to divert public attention from fundamental problems of chronic joblessness and poverty, the group said. The Philippine economy’s reported 6.9% growth in gross domestic product (GDP) in the […]
