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One little piece of advice I have for our government, particularly in steering our agriculture sector toward greater dynamism, is simply to copy our neighbors. Once upon a time, these neighbors were the ones copying us, and…
I have one fervent hope for our next leader, whether it’s the one I pray for every night, or the one whose popularity rides on falsehoods systematically planted in unquestioning minds. I hope s/he will not look…
Oil prices have always been volatile since the early 1970s when the Organization of the Petroleum Exporting Countries began flexing its global muscles. In the last two years alone, the crude oil price per barrel has spanned…
In my recent economic briefings, I outline five things we must do as we navigate our way to the post-pandemic global economy from our little corner of the world. I state these as follows: (1) Put people…
Those who cannot remember the past are condemned to repeat it,” wrote George Santayana well over a century ago. I quote the Spanish philosopher here not in the context of the coming elections (though it very well…
Just when we thought our economy was finally getting over the deep pandemic shock, now comes the Russian invasion of Ukraine, whose shock waves have yet to be clearly understood and assessed. Our direct economic linkages with…
Someone I know half-seriously claims that we could elect a dog as president, and the economy (and the country) will go on anyway—as if saying that it doesn’t really matter who wins the coming presidential elections in…
Two years of the COVID-19 pandemic have fundamentally changed our economy. I came to see the extent of the change upon poring over the latest economic data much more closely than usual. Understanding these changes could help…
Many well-meaning people think that we should go slow or even retreat in joining the Regional Comprehensive Economic Partnership (RCEP), the world’s largest-ever economic bloc. Let me explain why not joining RCEP, and not joining now, is…
It’s that time of year again when many a small entrepreneur is led to throw up his/her hands in anguish over all the paperwork and legwork they must do to renew their business permits and update tax…
As of today, our government owes money equivalent to nearly two-thirds of all incomes generated in the economy in a year. The total debt owed by the national government as of the third quarter stood at P11.92…
I always feel discomfort when I hear talk about the need for “voter education,” usually in the context of lamenting the nature of the candidates who tend to get the strongest support from the Filipino voting public.…
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