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News
In This Economy? No Thanks!: When inflation is measured in sacrifices
1+ hour, 25+ min ago (203+ words) For economists, inflation is measured in percentages. For my mother, it is measured in sacrifices. Growing up, I thought this was normal. I thought every mother spent hours solving financial puzzles at the end of each payday. It was only…...
No instant prosperity
1+ mon, 2+ week ago (780+ words) Last July 1, the Philippines achieved its elusive dream of becoming an upper-middle-income economy, joining Jordan, Micronesia, Sri Lanka, and Vietnam that went up a level on the latest classification of the World Bank. The World Bank said the Philippines achieved…...
A second chance at industrialization
1+ mon, 2+ week ago (544+ words) Until the early 1980s, Filipino engineers, accountants, and executives held senior positions in many Association of Southeast Asian Nations companies. That was long before millions of Filipinos left to work overseas, in jobs below their qualifications. We once exported expertise before…...
Wages and per capita GNI
1+ mon, 2+ week ago (364+ words) This week saw two economic adjustments, one on the minimum wage, and the other on the World Bank’s class-ranking of the Philippines. Definitely, the wages of workers nationwide—not only in Metro Manila—need adjustment due to inflation of the…...
Vietnam and the Philippines: Transformation and Economic Growth
1+ mon, 3+ week ago (409+ words) Inquirer.net Vietnam and the Philippines: Transformation and Economic Growth The column of Joel Ruiz Butuyan, “Comparing Vietnam and the Philippines” (6/18/26) narrates his on-the-ground observation of how Vietnam has surprisingly leapfrogged to overtake the Philippines economically. It states that “Vietnam’s…...
What ‘sisig’ taught me about inflation
2+ mon, 3+ week ago (607+ words) There is a carinderia in the Mendiola area that, over time, became something I count on. It sits along a narrow stretch of Abreu Street, where students from the university belt and office workers nearby cross paths at noon, each…...
Fixing the leaks: How to unlock Philippine growth
2+ mon, 3+ week ago (451+ words) Recent debates on inflation, interest rates, and fiscal policy reflect growing concern about the Philippine economy amid global uncertainty and rising energy prices. The continuing tensions in the Middle East have once again exposed the vulnerability of oil-dependent economies. Higher…...
Tomatoes, pearls, and war
3+ mon, 1+ week ago (494+ words) Since my mother passed away in 2018, I frequently end up buying multiple gifts for her friends, all my “titas,” to remember her by: books, food, mementos. Mother’s Day, of course, is one of those gift-giving days. Since I buy similar…...
Our manufacturing handicap
4+ mon, 2+ day ago (797+ words) Inquirer.net After selling its product in our domestic market for over six decades, a major local manufacturer recently decided to cease production operations, and shift entirely to importing the product. It wasn’t an easy decision to make, but economic…...