poverty

Economy returning to pre-pandemic slowing growth hits poor the worst – IBON

January 31, 2024

Most recent GDP figures puts the economy on the same trajectory of slowing growth that plagued it prior to the pandemic.

PH starts 2024 on weak footing: Jobless growth and deindustrialization

January 12, 2024

FEATURE

The Marcos Jr administration knows that we all want good news because, well, who doesn’t. Unfortunately, it is taking advantage of this to manage citizens’ perception of the economy.

Latest growth figures confirm economy in decline under Marcos Jr

August 10, 2023

The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.

The expensive and harmful ‘Build Better More’

June 2, 2023

The Philippine government has a repetitive narrative when it comes to infrastructure – that it will “revitalize the economy” and “create more jobs” or that the government is “Building more for better lives” — claims so-repeated that they seem like obvious benefits. But history shows that this is not always the case.

Growing global economic distress as G7 meet ends

May 22, 2023

The global economy is being dragged down by fundamental forces that even the mighty US is still captive to. It may be the world’s dominant imperialist power but it is still merely monopoly capitalist and as such subject to the deeply-ingrained contradictions of capitalism.

Millions of Filipinos still poor despite foreign investments

March 23, 2023

Some politicians claim that more FDI after charter change will reduce poverty. However, poverty has stayed high over the years of increasing FDI.

Will World Economic Forum folks believe Bongbong?

January 16, 2023

The administration’s trip is a self-serving junket at the people’s expense. If Marcos Jr speaks about so-called economic gains, he will be speaking untruths.

Invisible poverty, trivial solutions

August 22, 2022

The most fundamental cause of poverty is in how the overwhelming majority of Filipinos only have low value-added and low productivity work. This is not for lack of individual effort or capacity but because of the structure of the economy distorted by neoliberal policies.