The 4-Pillar Socioeconomic Strategy

Fernando Fajardo 05/06/2020

  Due to the ongoing COVID-19 pandemic, Inquirer.net is constrained to take a step back and reassess its operation in Cebu. As a result, CDN Digital columnists were advised to end our tasks effective end of this…

COVID-19’s damage to the Philippines and Cebu economy

Fernando Fajardo 04/29/2020

  The size of the economy is usually measured by the size of its Gross Domestic Product (GDP). The GDP sums up the value of the country’s total output of final goods and services. It is also…

The face of the nation, our economy, is our people, our workers

Fernando Fajardo 04/22/2020

It is not banks, money, GDP (gross domestic product), or anything that makes up our nation or the economy; it is our people, our workers. Therefore, until the people or our workers are still being locked-up at…

The political economy of COVID-19

Fernando Fajardo 04/15/2020

  No country in the world, both rich and poor, is immune from the onslaught that comes with the recent coronavirus outbreak that began in Wuhan, China, in December 2019. Known as SARS-Cov-2, the virus has already…

Why exclude the middle class for emergency assistance?

Fernando Fajardo 04/08/2020

  The “Bayanihan to Heal as One Act” grants emergency power to the President to tackle the current crisis caused by COVID-19. This power included a provision to provide emergency assistance amounting from 5,000 pesos to 8,000…

The much-awaited emergency subsidy, is there?

Fernando Fajardo 04/01/2020

  Last Saturday, March 28, 2020, Executive Secretary Salvador Campo Medialdea, acting on behalf of President Rodrigo Roa Duterte, issued a Memorandum providing for the implementation of temporary emergency powers granted to the President. The memorandum serves…

The COVID-19 special power law: What it contains

Fernando Fajardo 03/25/2020

  The “Bayanihan to Heal as One Act” as the measure was finally called was passed first by the House of Representatives using the version coming from the Senate. The Senate version changed some of the proposals coming…

Understanding community quarantine

Fernando Fajardo 03/18/2020

  President Rodrigo Duterte has declared the entire island of Luzon under enhanced community quarantine effective yesterday. First, what is the meaning of quarantine? Quarantine is a state or place of isolation for a person (or animal)…

Impact of COVID-19 on Philippine tourism, economy

Fernando Fajardo 03/11/2020

One of the most visible impacts of COVID-19 is seen in the tourism industry. What will be the extent of losses caused by COVID-19 to the Philippine tourism industry and to the national economy? As a background,…

The economics of COVID-19

Fernando Fajardo 02/26/2020

It has been 26 days since the World Health Organization (WHO) declared coronavirus, now known as COVID-19, as a global health emergency. At that time, China was only reported to have over 200 deaths with almost 10,000…

Dutertenomics: The last 3 and a half years and beyond

Fernando Fajardo 02/19/2020

President Rodrigo Duterte now has logged three and one half years in his office, plus another month and 19 days to be exact. What has happened to the economy during his watch, that is, from July 1,…

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…

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