liberalization

Marcos-initiated “globalization” led to PH economic decline

November 26, 2016

  “In 1980, the Marcos regime actually made the Philippines the first country in Asia and the second country in the world, after Turkey, to be at the receiving end of a World Bank structural adjustment loan (SAL). The conditionalities of the US$200 million loan included among others tariff cuts, removal of import licenses and […]

Challenge to Real Change

July 25, 2016

On the day of the State of the Nation Address, IBON explains why the 10-point economic agenda hangs like a dark cloud over pro-people economics prospects and even the chief executive’s recently-affirmed popularity   #SONA2016 #justpeacePH | IBON Features  The unorthodox candidate and eventually President Rodrigo Roa Duterte made a flurry of announcements before and […]