About Per SE

Commentary and research on current events and public policy by economists from the University of the Philippines
Author archive for Gerardo P Sicat

US trade, economic policy toward the Philippines in the 1900s

Old economic problems resurrect themselves in the same form over and over. An example was the resolution of trade and protection affecting the Philippines as a colony during the early years of the 1900s.

Indonesia and the Philippines compared

At the advent of our respective political independence, we were economically far ahead of Indonesia. By the mid-1980s, they have outstripped our economic performance. We should really have done much better than they.

Provate sector 1946-1950: Who got war damage compensation?

The payment of war damage compensation to private parties formed the bulk of the US appropriations to implement the Philippine rehabilitation act of 1946.

Manuel A. Roxas, transition and rehabilitation president

The first major task of the new president was to put in place a program of economic reconstruction and growth. The country had practically no financial resources of substance to work with to undertake that reconstruction.

World economy toward slowdown?

Away from the day-to-day happenings in Manila and secluding myself in a daughter’s house in the US to finish a number of my long-delayed writing projects – I cannot fully ignore what happens in this highly connected world.

Laurel-Langley trade agreement and reparations from Japan — Magsaysay presidency (2)

During Magsaysay’s presidency, the country concluded two agreements with important economic consequences for the future.

Ramon Magsaysay – an unfulfilled presidency

Ramon Magsaysay was at the peak of his popularity when the airplane he was riding crashed off Mount Manunggal in Cebu. It was near midnight of March 16, 1957 shortly after takeoff in clear weather. That crash need not have happened. Magsaysay was just nine months and a half short of finishing his first term...

Attracting foreign direct investments: 2019 vs. 1970s

FDIs (foreign direct investments) could add further dynamism to the economy’s capacity for growth. It is worthwhile to compare the climate of foreign direct investment attraction today and those that took place in the 1970s.

Restoring Manila Bay is like unclogging Manila’s traffic

The restoration of Manila Bay’s pristine quality the way it was before, or how we want it to be, is a long-term project. It will require large private and public investment in resources.

The uncleaning of Manila Bay — historical background

The recent public outcry and demand for the cleanup of Manila Bay is the result of decades of continued deterioration of the environmental health of Metro Manila and its bay since after the Second World War.

Economic integration in East Asia — the long view

Current disruptions that happen as a consequence of the US-China trade war or Brexit will not deter the economic integration that is happening within East Asia and ASEAN.

Henry Sy: how innovative retailing for the masses built a business empire

On his passing just a fortnight ago, Henry Sy was the richest Filipino on the Forbes list of world billionaires. He started selling shoes to the masses and made it big into many directions of business.