foreign debt

PH isn’t Sri Lanka… yet

May 25, 2022

The Philippines isn’t going the way of Sri Lanka yet in defaulting on its foreign debt payments anytime soon. Which is not to say that there are no lessons to be learned from the first canary to die in the coal mine of growing global debt distress.

Anyare? Economic decline since Marcos

May 5, 2016

The Marcos dictatorship started the Philippines on a path of economic decline that remains until today. This has already had the worst consequences for tens of millions of Filipinos across two generations. Unless corrected, it will burden generations to come. The Philippine economy’s decline since the 1980s is commonly attributed to the Marcos regime’s corruption […]