The severity of joblessness in the country should be a grim reminder for policy makers that all’s not well in the economy. One gets the uneasy feeling that things are not benefiting a great number of Filipinos, that many are left behind in the growth process.
A careful reading of the statistical picture of income inequality among countries leads to the conclusion that income inequality is partly, but strongly a consequence of growth and development.
Instead of emphasizing how students should think of and form opinions on public issues, economics education for high school is likely better focused on helping students help themselves -- i.e., escaping or staying out of poverty.
This newspaper’s headline was “SC ruling on RH: Win-win,” based apparently on the reactions of both the pros and antis to the Supreme Court’s decision on the Reproductive Health Law, or to the announcement of the decision. No copy of the decision was released then. I decided to wait until I could read the decision...
One of the most glaringly charged of all social issues concerns income inequality. A deep chasm divides opinion on how to address this issue among those who want to reform society.
A plethora of explanations has been advanced why the Philippines (PH) has fallen well behind the other four Asean originals. This ranges from the protectionist policies for so-called infant industries from external competition, political instability particularly in the 1980s that practically shooed away Japanese FDIs to the country’s neighbors, weak governance and dysfunctional institutions,...
The New Central Bank Act of 1993 which circumscribes the monetary policy of the Bangko Sentral ng Pilipinas (BSP) is in the process of being recast. It is long overdue.
The operation of the MRT is on the hot seat, and so is its boss, Al S. Vitangcol. I may be sticking my neck out, but if this man is corrupt, I am blind, deaf and dumb.
Rizal’s use of thinly disguised references to real-life characters, places, and events in his novels is well known. But just how much Rizal revelled in deploying real-life material can be seen in his use of the device in even the most trivial and incidental details.
Raising the quality of education in all the higher private educational institutions in the country is a long term task. It takes some years for a young plant to become a tree and then to yield its first fruits. Similarly for institutions of learning.
For NGOs, having direct access to public funds is out of character. They are supposed to raise their own money to finance projects that would benefit their local constituencies.