Philippine economy

Job losses despite quarantine easing may be early sign of economic contraction – IBON

November 5, 2021

The Duterte administration should not be dismissive of the significant drop in employment and rise in unemployment in September 2021. These are signs that the economy is still floundering despite quarantine restrictions easing and vaccinations increasing.

On World Food Day: Widespread hunger justifies more ayuda

October 16, 2021

Hunger and food insecurity are worsening amid the ongoing pandemic crisis. More ayuda has to be immediately given to millions of poor and vulnerable families to ensure that everyone has economic access to food.

Who is afraid of degrowth?
A Global South economic perspective

October 12, 2021

Environmental scientists, economists, academics and social movements have been talking about “degrowth” as an approach in dealing with the climate crisis. The concept makes perfect sense, but it has provoked doubts and objections, even among well-meaning environmentalists.

Worsening joblessness and informal work can be fixed with immediate ayuda, stimulus

September 30, 2021

Latest labor force data of high unemployment and increasing informal workers should be a wake-up call for government to immediately undertake stimulus measures.

Tax the billionaires

September 29, 2021

Billionaire tax can fund ayuda and health–IBON

September 27, 2021

The Duterte government’s insistence that it lacks funds for a bigger COVID-19 response does not hold water. Substantial revenues can be raised by taxing the country’s super-rich who can well afford to contribute much more to pandemic response and other needs.

Golden years?: The real long-lasting economic damage wrought by Marcos

September 21, 2021

The Marcos administration was notorious for world-beating cronyism and corruption. But this is not enough to fully explain the worst economic collapse in Philippine history and continued decline long after the dictatorship was overthrown.