* You are viewing the archive for the ‘Economics’ Category

If I were the chauffeur of the President (Part 2)

Let’s take a closer look at some indicators. The incidence of poverty is high because the per capita income is already low and wealth is concentrated to only a few. The wealthiest 20 percent of our population have over half of the national wealth, and the poorest 20 percent have less than one-twentieth. The gap between the rich and the poor has been increasing through the years and the Philippines is one of the top developing countries which have high income inequality.

Disparity in income is not only true among households and families. Disparity also … Continue Reading

If I were the chauffeur of the President (Part 1)

After the successful elections last May 10, 2010, it’s time for our chosen leaders to flex their muscles and embrace the great challenge that lies ahead so that when July comes they would be ready to do the right things for our nation. I don’t really know their development agenda, except the fight against corruption and poverty, the most common themes during the campaigns. Simple as they seem, these two (2) concerns have more than what meets the eye, and if they were used as the sole barometer for a successful performance after 6 years, any of those … Continue Reading

Time is ticking (Part 1)

With barely a month to go before the May 2010 election and more than a couple of months before the President leaves Malacanang, people have started to cast their own individual judgment on the performance of her administration for the past 9 years.

Year in and year out since she assumed the Presidency in 2001, the government always presented facts and figures on her accomplishments. The yearly State of the Nation Address (SONA) had been delivered highlighting the administration’s achievements and with much hopefulness on what the government could further do to improve the plight of every Filipino. … Continue Reading