PPPs
Unsolicited projects for favored business interests to rise under Pres. Duterte?
March 2, 2018
By Arnold Padilla When President Duterte said last month that “all projects of the Philippines would be something like a Swiss Challenge”, media attention has focused on the Swiss Challenge and its implications. But what the presidential statement implied was that in order to supposedly fast track his ambitious Build Build Build program, the administration […]
Building destruction? Foreign creditors gain more from Duterte’s infra plan
July 21, 2017
by Arnold Padilla #PeoplesSONA2017 / IBON Features — One of the anticipated highlights of President Rodrigo Duterte’s second State of the Nation Address (SONA) is his grand infrastructure plan dubbed Build! Build! Build!. There are concerns that it would result in a heavy debt burden. The issue is valid. After all, the price tag of […]
More glitches of privatized MRT3 in 2016 bared
July 12, 2017
#PeoplesSona2017/ Research group IBON attributed Metro Rail Transit Line 3’s (MRT3) more frequent breakdowns to the privatization of the rail transport. The group reminded government that passing on to corporations the State’s role to provide the people with a rail transport system, as with other basic utilities, has by experience been at the expense of […]
Rehashed neoliberal policies: One year of Dutertenomics
June 28, 2017
The Philippines is in a worsening socio-economic crisis. The direction of economic policies under the Duterte administration is alarming and in urgent need of correction. The government’s economic team still uses the anti-development policy framework of past administrations which will mean greater economic distress for the majority of Filipinos. The economy’s poor performance since June […]
‘Dutertenomics’: golden age of oligarchic and foreign interests in infrastructure?
April 20, 2017
“Build, build, build” is said to be the foundation of the Duterte administration’s development plan, which his economic managers are packaging as “Dutertenomics”. The plan is supposed to usher in a “golden age of infrastructure”. But despite the attempt at branding, Dutertenomics is neither new nor unique. Its cornerstone of massive infrastructure development is still […]
While poor remain homeless, private business gains from “socialized” housing
March 22, 2017
As the National Housing Authority serves eviction notices to members of urban poor organization Kalipunan ng Damayang Mahihirap (KADAMAY) who have occupied long-vacant and dilapidated relocation units in Pandi, Bulacan, research group IBON said that the so-called socialized housing largely benefits private developers through public-private partnerships (PPPs). These private realty and construction firms garner profits […]
These issues and more at the IBON 2016 Yearend Birdtalk
January 2, 2017
Join us on January 13, 2017 1-5m for a discussion on these issues and more at the IBON Yearend 2016 Birdtalk! #WeLearnChange #EconomicsForFilipinos. – https://www.facebook.com/IbonFoundation/videos/10157987318205162/
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 […]
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 […]