{"id":13798,"date":"2023-03-23T18:06:30","date_gmt":"2023-03-23T10:06:30","guid":{"rendered":"https:\/\/www.ibon.org\/?p=13798"},"modified":"2023-03-23T18:18:56","modified_gmt":"2023-03-23T10:18:56","slug":"trade-deficit-worsened-as-fdi-increased","status":"publish","type":"post","link":"https:\/\/www.ibon.org\/tl\/trade-deficit-worsened-as-fdi-increased\/","title":{"rendered":"Trade deficit worsened as FDI increased"},"content":{"rendered":"<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"4000\" height=\"4000\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit.png\" alt=\"\" class=\"wp-image-13799\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit.png 4000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-2048x2048.png 2048w, https:\/\/www.ibon.org\/wp-content\/uploads\/2023\/03\/230323-fdi-vs-indicators-04-trade-deficit-1000x1000.png 1000w\" sizes=\"(max-width: 4000px) 100vw, 4000px\" \/><\/a><\/figure>\n\n\n\n<p>Charter change advocates hype FDI as a way to strengthen the economy, particularly the manufacturing sector. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.ibon.org\/tl\/fdi-ph-econ-chacha\/\" target=\"_blank\">Manufacturing already overwhelmingly dominates the country&#8217;s exports<\/a>.<\/p>\n\n\n\n<p>However, in the absence of Filipino industrialization, FDI dominates domestic manufacturing. Foreign manufacturers and foreign investors in general have very low local content and their import-intensive operations are fueling the country&#8217;s trade deficit. This has widened over the years reaching a record US$43.5 billion in 2018.<\/p>","protected":false},"excerpt":{"rendered":"<p>In the absence of Filipino industrialization, FDI dominates domestic manufacturing. Foreign manufacturers and foreign investors in general have very low local content and their import-intensive operations are fueling the country&#8217;s trade deficit. This has widened over the years reaching a record US$43.5 billion in 2018.<\/p>","protected":false},"author":3,"featured_media":13799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_expiration-date-status":"","_expiration-date":1680171527,"_expiration-date-type":"draft","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[39],"tags":[355,1225,253,2881,1477],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts\/13798"}],"collection":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/comments?post=13798"}],"version-history":[{"count":3,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts\/13798\/revisions"}],"predecessor-version":[{"id":13806,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts\/13798\/revisions\/13806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/media\/13799"}],"wp:attachment":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/media?parent=13798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/categories?post=13798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/tags?post=13798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}