IMF

Aid for profit undermines development

December 5, 2016

Official development aid (ODA) is increasingly becoming a tool to support private profits rather than people-centered development. This indicates the persistence of the neoliberal ways that prevent aid from meaningfully contributing to national development. The Second High-Level Meeting of the Global Partnership for Effective Development Cooperation (GPEDC) recently held in Nairobi, Kenya, concluded with a […]

Marcos ensured US-directed IMF/WB intervention in PH policy making

November 25, 2016

    “The rule of Nacionalista Party’s Ferdinand E. Marcos which began in 1965 was strong on nationalist and patriotic rhetoric. Yet Pres. Marcos was by no means a nationalist if ‘nation’ is understood as the majority of Filipinos and ‘nationalism’ as upholding their interests and asserting Filipino sovereignty over foreign powers. “Most anti-nationalist president. […]

Anyare? Economic decline since Marcos

May 5, 2016

By Sonny Africa IBON Features | #BeyondElections2016 | The Marcos dictatorship started the Philippines on a path of economic decline that remains until today. This has already had the worst consequences for tens of millions of Filipinos across two generations. Unless corrected, it will burden generations to come. The Philippine economy’s decline since the 1980s […]