Tag: protectionism

Global crisis even less reason for charter change

September 28, 2019

The Duterte government argues that the protections for the economy in the 1987 Constitution are outdated, and that removing them will increase foreign direct investment (FDI) and improve competitiveness. This is however oblivious to the reality of growing protectionism worldwide amid slowing growth, trade and investment. Adverse global economic conditions undermine the arguments for economic […]

From stalled WTO to a new world order

December 18, 2017

Trade deals were stalled mainly due to large developed countries’ differences at the recently concluded World Trade Organization (WTO) 11th ministerial conference (MC-11) in Buenos Aires, Argentina. The bigger powers especially the United States (US) and the European Union (EU) pushed their own development agendas and set aside that of the lesser economies, while accusing the […]

Protect PH economy, thwart RCEP

November 20, 2017

  Research group IBON said that the Philippine government should promote and protect Filipino industry instead of pursuing one-sided free trade agreements (FTAs). This is after Regional Comprehensive Economic Partnership (RCEP) participating countries recently said that the regional trade deal would continue their strong economic performance. According to IBON, the government should only enter economic […]

Rising US, China protectionism: Philippines still on losing end

November 14, 2017

By Audrey De Jesus Free trade agreements (FTAs) is a major agenda item for countries attending the 31st Association of Southeast Asian Nations (ASEAN) Summit. whether at the meeting proper or the sidelines. Contrary to the projection that FTAs promote partnerships for development, however, these FTAs are becoming more and more one-sided. As the world […]

Trump presidency bodes ill for smaller nations like PH

January 28, 2017

America’s inauguration of its 45th President sent jitters across the world as to the future of foreign policies, said research group IBON. For the Philippines, whose economy has been influenced largely by the US for many decades, this is an opportune time to rethink its economic policies and its relations not only with the superpower […]