gross domestic product

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 […]