Philippine economy

Word-class bureaucrat capitalism under Marcos added to PH econ woes

November 24, 2016

“This narrative highlights the evils of dictatorship and abuse of power. But it falters in explaining why, over three decades after the end of the Marcos regime, the economy still remains so backward in the things that matter – job creation, poverty reduction, agricultural and industrial development, and policy sovereignty. “Bureaucrat capitalism under Marcos was […]

Marcos debt equivalent to 4x 1986 PH budget

November 24, 2016

Marcos dictatorship debt totaling Php470 billion is equivalent to 4x the national government budget of Php121 billion in 1986.

64% of Filipinos had trouble paying for electricity—IBON Survey

November 21, 2016

​IBON’s latest survey showed that many Filipinos had trouble meeting expenses on electricity and water in the recent months. Asked how their family met expenses on electricity and water in the past three months, six of ten said they had trouble meeting electricity expenses while many said they had trouble meeting water expenses. Sixty-four percent […]

IBON promotes “Economics for Filipinos” with National Book Awardee

November 20, 2016

During National Book Week, research group IBON is set to launch its 2017 “Economics for Filipinos” planner with recently-proclaimed National Book Awardee Manix Abrera. Themed “Promoting Pro-people Economics for Filipinos”, the 2017 IBON planner was illustrated by the  celebrated Philippine Daily Inquirer cartoon strip “Kiko Machine” artist and author. His recent work “News Hardcore!” earned […]

Then and now: US economic intervention in the Philippines

November 14, 2016

During the swearing-in of the new United States (US) ambassador to the Philippines in early November, US Secretary of State John Kerry stressed that the “logic” of the “indelible” US-Philippine alliance is “as compelling today as [it has] ever been”. Newly sworn-in US ambassador Sung Kim in turn highlighted the “ironclad” Mutual Defense Treaty, the […]

Three years after Yolanda: Unmet Yolanda shelter needs, government neglect

November 8, 2016

Resettlement in super-typhoon Yolanda-stricken areas continues to be characterized by substandard houses and lack of basic utilities. Shelter shortage is glaring despite the influx of funds. Slow government response in the three year aftermath of the super-typhoon has extended rehabilitation woes for the victims and survivors.  Weak shelter Rommel  Portugal, a 45-year-old mechanic-turned arbularyo at manghihilot (herb doctor) […]

2015 poverty results no reason for complacency–IBON

October 27, 2016

While welcoming the reported decrease in official poverty incidence, research group IBON said that the multi-billion peso conditional cash transfer (CCT)-driven result is no reason for complacency. The official figure hopefully reflects improved welfare among tens of millions of the poorest Filipinos, IBON said, but the signs of structural poverty from economic backwardness remain. The […]

IBON Survey – 7 out of 10 Filipinos see themselves as poor

October 27, 2016

70.8% of respondents said they are poor According to research group IBON’s latest survey, the majority of Filipinos consider themselves poor. Asked what they can say about the situation of their families today, seven out of ten or 70.8% of respondents said they are poor.  Only 25% said they are not poor, while the rest […]

US aid and imperialism

October 21, 2016

For daring the US and others to withdraw their aid, President Rodrigo Duterte has been called a “psychopath”. For those whose way of thinking has been systematically warped by colonialism and neocolonialism/imperialism, it is plain madness. As a poor country, why would we shun the “altruism” of rich countries like the US? On the contrary, […]