Tag: Philippine economy
With among the highest joblessness and inflation in Southeast Asia, PH needs bold econ reforms–IBON
Hulyo 20, 2022
The Philippines has among the highest unemployment and inflation rates in the region, underscoring the country’s worsening conditions and the urgent need for radical economic measures.
Persisting jobs crisis belies gov’t claims of growth momentum
Hulyo 8, 2022
The increase in May 2022 unemployment and informal work shows that the jobs crisis persists despite government’s opening up of the economy and hype of economic growth.
Marcos should admit 3-year high inflation to propose real solutions — IBON
Hulyo 6, 2022
Inflation is at its highest in three years, but instead of offering a real solution to soaring prices, the newly-installed Marcos administration is downplaying the severity of this and saying it is beyond government control.
Neoliberal Bongbonomics
Hulyo 1, 2022
New admin needs new policies to fix old problems — IBON
Hunyo 30, 2022
As the next president is inaugurated and the new administration is ushered in, new policies are desperately needed to fix old economic problems that worsened under the Duterte administration.
Is it time to move on?
The resiliency myth
Hunyo 29, 2022
The Philippines recently ranked as one of the five worst places to be as the ripples of COVID-19 continue. This is contrary to the outgoing Duterte administration’s repeatedly built narrative – that it did well on the pandemic and is leaving behind an economy that is on a quick rebound.
No Mavericks Among Economic Top Guns
Hunyo 15, 2022
The next administration’s economic agenda will be fully presented at the state of the nation address in July. There are hardly any specifics yet. Still, the tidbits already emerging can be interpreted against the incoming economic team members’ individual track record and especially in the context of the long arc of neoliberal thinking that has defined Philippine policymaking over the last half century.
PH among worst performers in Southeast Asia
Hunyo 13, 2022
The government hypes the Duterte legacy but comparing growth, jobs, inflation, trade and debt figures with other Southeast Asian countries shows the Philippine economy as among the poorest performers. This is due not only to its poor COVID response, harsh lockdowns and refusal of economic stimulus but to pre-pandemic mispriorities.
