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Impact of 2019 coronavirus outbreak on tourism and the economy (Part 2)

Fernando Fajardo 02/12/2020

  The World Travel and Tourism Council (WTTC) reported that in 2017 the total benefits that travel and tourism gave to the Philippines amounted to P3,348 billion (US$66.3 billion), about 21.1 percent of the country’s gross domestic…

Impact of 2019 coronavirus outbreak on tourism and the economy (Part 1)

Fernando Fajardo 02/05/2020

  Up to last year or before the advent of the coronavirus, travel and tourism was seen as one of the most important and fastest growing economic activity in the world. It may not be anymore this…

Why we fail in our quest for export industrialization

Fernando Fajardo 01/29/2020

Achieving a higher level of development is closely intertwined with the industrialization of an economy, Cypher and Diets said in their book, The Process of Economic Development. Their data in the 1970s up to the 1990’s would…

The inadequacy of Philippine import substitution industrialization

Fernando Fajardo 01/22/2020

Last week, we saw how the first industrial revolution changed the level of development of the different nations of the world from being almost equal and constant in thousands of years to one where some countries managed…

Progress comes with industrialization, then why are we not industrializing?

Fernando Fajardo 01/15/2020

In a book, Empire of Debt: The Rise of Epic Financial Crisis, authors Bill Bonner and Addison Wiggin observed that in the big picture of things, it is unusual for one civilized nation to earn far more…

What is progress? Are we progressing?

Fernando Fajardo 01/08/2020

I had the chance to visit many urban centers in the country last year and talked to many people I met in the streets, in the bus, airports, hotels, and just almost everywhere including taxi drivers, salespersons,…

My wish for 2020

Fernando Fajardo 01/01/2020

Happy New Year, but before I tell you my wish for the New Year, let me narrate first what happened to me in the last five years. I lost my spouse, Ale, in October 2014 to cancer.…

The story of the birth of Jesus

Fernando Fajardo 12/25/2019

God sent the angel Gabriel to Nazareth, a town in Galilee, to a virgin pledged to be married to a man named Joseph, a descendant of David. The virgin’s name was Mary. The angel went to her…

The power of connecting: Conclusion

Fernando Fajardo 12/18/2019

I ended the story of my life in my last piece with abrupt retirement from NEDA at age 46. How did I survive after that and why I am writing this? It is a long story but…

The power of connecting: I was not good at it (Part 2)

Fernando Fajardo 12/11/2019

I got my first, second, and third job without using connection or recommendation. Luck might had been with me. Qualification matters too but qualification with luck could only get one up to a certain point. To go…

The power of connecting: I was clueless (Part 1)

Fernando Fajardo 12/04/2019

My greatest failure in life was my failure to connect. By connecting, I mean exactly what Keith Ferrazzi said in his book, Never Eat Alone, which he wrote with Tahl Raz, as “sharing knowledge and resources, time…

Regional planning and development (Part 2)

Fernando Fajardo 11/27/2019

Put into law in September 24, 1972 through Presidential Decree (PD) No. 1, the Integrated Reorganization Plan (IRP) of the Executive Branch of the Government brought many changes in the conduct of governance in the country. Among…

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