Thank you Cebu Daily News, Eileen and Thea

Fernando Fajardo 02/08/2018

Sometime in 1998, two ladies from the media circle, Eileen Mangubat and Thea Riñen, came to see me in my new office. Before that in 1994, I had already resigned from NEDA Region 7 to avail of…

The intended and unintended effects of Train

Fernando Fajardo 02/01/2018

The government has four major functions or objectives in the economy. One is to promote efficiency in the allocation of the nation’s scarce resources to their best and highest use. Second is to promote equity in the…

Philippine 2017 economic performance and where we are now

Fernando Fajardo 01/25/2018

Our Gross Domestic Product (GDP) posted a 6.6 percent growth in the fourth quarter of 2017. With the GDP growing by 6.4 percent in the first quarter, 6.7 percent in the second quarter and the adjusted 7.0…

The importance of health in the economy

Fernando Fajardo 01/11/2018

There’s a well-understood correlation that as the economy of a country improves, so the health of its citizens improves. What may be less obvious is that the opposite is also true — improving the health of a…

Understanding economic integration

Fernando Fajardo 11/16/2017

The 50th Asean Summit had just been concluded in Manila. It turns out that much of the news that came out of the summit were not so much about the substance of the talks that transpired in…

Federalism, shall we go for it?

Fernando Fajardo 11/03/2017

Federalism is a system of government in which power is divided between a central authority and a constituent political unit. In this case, the federal or national government is the central authority while the constituent political unit…

Remembering Ale and life in the past

Fernando Fajardo 11/03/2017

I spent the last two days in Dalaguete to remember and be near with Ale for the All Saints Day and All Souls Day respite. I had not much income from my first job as economics instructor…

Philippine political economy

Fernando Fajardo 07/06/2017

Development used to be measured in terms of the size of the country’s national output or Gross Domestic Product and its per capita equivalent. Now the preferred measure of development is seen in terms of the reduction…

Why some of us are hungry

Fernando Fajardo 02/02/2017

Last Wednesday, I took my lunch at Robinson’s Fuente Osmeña Food Court. My main purpose was to eat chopsuey. All vegetables and no meat. That’s all I ordered. No rice either. For my health. I took the…

Inequality, poverty, and the economy

Fernando Fajardo 12/01/2016

As we started the new administration, there had been some glee when the president mentioned in his first State of the Nation Address that he would continue the macroeconomic economic policies of the previous administration. To recall,…

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