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You know agriculture is in great trouble when so many op-ed columns are being written on the sector, even from writers who don’t normally deal on the subject. The attention is well deserved, as I consider agriculture…
It seems hard to believe now, but Filipinos on the average were twice richer than South Koreans back in 1965. Data from countryeconomy.com show average income (GDP per capita) in the Philippines then at $211, and $108…
Last week brought welcome news on the economy, as the Philippine Statistics Authority reported that our gross domestic product (GDP) in the third quarter grew by 7.6 percent over the same quarter last year. Many argue that…
What’s the difference? Both the gross national product (GNP) and the gross domestic product (GDP) are sum totals of the money-value of goods and services produced over some period of time. The former refers to what is…
Now that the first-quarter growth figures are out, I thought I’d take a closer look at how the economy is growing. The report was a surprise to many, as most analysts had expected the gross domestic product…
It is always interesting to analyze political economy especially during election time. Political economy is about how politics affects the economy and the economy affects politics. Economic conditions have a powerful impact on elections. Voters on different…
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 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…
Is the 11.8 percent growth of GDP in the second quarter of 2021 an indication that the Duterte administration has managed the COVID-19 situation really well, and has achieved the correct balance between lives and livelihood?…
PNoy was not my candidate for President in the 2010 elections, but he was certainly head and shoulders above the rest of the “frontrunners”—former president Joseph Estrada and Sen. Manny Villar. The smell of corruption surrounding these…
Repayments and a stronger peso slightly tempered debt accumulation in December last year, but the record recession coupled with a jump in borrowings to fight COVID-19 jacked up the share of unpaid obligations to the Philippine economy…
Finally we end the worst year the world has experienced since the world wars, and in some ways beyond maybe. The impact on our lives has been, quite simply, horrendous. The impact on national economies disastrous. It…
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