Third quarter surprise

Cielito F. Habito - @inquirerdotnet 11/23/2021

I was wrong about how the economy would fare in the third quarter (Q3) this year. And like most everybody else, I’m glad I was. Most were surprised at the unexpected strong upturn in the country’s gross…

Another lazy policy

Cielito F. Habito - @inquirerdotnet 11/16/2021

Our history is replete with policies having the effect of a shotgun that inflicts unwanted collateral damage outside of the targeted objects of the policy — even when rifle-focused solutions would have been better. The thing about…

Taming inflation

Cielito F. Habito - @inquirerdotnet 11/09/2021

Among economic issues, rising prices always tops the list of people’s worries. Surveys consistently show inflation management to yield the lowest approval rating in the list of items respondents are asked to judge the government on. There…

Wild yarns and stunted exports

Cielito F. Habito - @inquirerdotnet 11/02/2021

In all of East and Southeast Asia, the Philippines was second only to Japan in average income in the late 1950s, based on data compiled by the late British economic historian Angus Maddison. Ours was among the…

The wrong reasons

Cielito F. Habito - @inquirerdotnet 10/26/2021

It’s both fascinating and alarming to hear some reasons ordinary people have reportedly been giving for favoring the late dictator’s son as their likely choice for president in next year’s elections. Those of us who lived through…

Seven Cs of a good leader

Cielito F. Habito - @inquirerdotnet 10/19/2021

Once again, we are going into the exercise of choosing the person to lead our nation through the next six years. We must stop looking for the perfect president among the candidates because there is no such…

Wanted: A unifying president

Cielito F. Habito - @inquirerdotnet 10/12/2021

A festival of campaign colors will soon again be upon us. Yellow, long associated with President Cory Aquino and the Liberal Party that supported her and her son Benigno Simeon III through their presidencies, is unlikely to…

The great divide

Cielito F. Habito - @inquirerdotnet 10/05/2021

I recently wrote of good news on how more inclusive our economy has become. But wide gaps remain in our economy and society, particularly between the digital haves and have nots, and between the banked and unbanked.…

Big and bad?

Cielito F. Habito - @inquirerdotnet 09/21/2021

Is big business bad? Is big business dominance in our economy leading us away from inclusive growth and development, the professed goal of the Philippine Development Plan (PDP) for at least three decades now? It may look…

Pathetic laggard

Cielito F. Habito - @inquirerdotnet 09/14/2021

I had known for years how we’ve lagged behind our comparable Asean neighbors in export earnings and foreign direct investments, but didn’t realize how bad it has become until I examined the latest data. Consider these numbers…

Women: The bigger victims

Cielito F. Habito - @inquirerdotnet 07/27/2021

There is now solid evidence that the adverse impacts of the COVID-19 pandemic have fallen more heavily on women. In a recent policy brief, the International Labour Organization reported that women’s jobs worldwide fell by 4.2 percent…

What happened to jobs?

Cielito F. Habito - @inquirerdotnet 07/13/2021

Believe it or not, we have more than recovered the number of jobs killed by the pandemic last year. We now have over two million jobs more than there were before the pandemic flattened our economy. The…

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