About Per SE

Commentary and research on current events and public policy by economists from the University of the Philippines
Posts tagged "world economy and international economics"

How the industrial import-substitution policy became more entrenched — the Magsaysay years

When Ramon Magsaysay was elected president in 1954, the country was already in the midst of import and exchange controls.

Finding our balance in modernizing our rice industry

Public support is shifting from rice consumers in 2018 to rice farmers this year. Last year, the country’s inflation rate breached Central Bank’s upper band. Analysts blamed that on rice price inflation, which carries among the largest weight in the consumer’s price index.

GDP growth 2019 — factors to consider

A lingering question for the whole year is whether the year’s growth target of around six percent for 2019 is achievable.

The Chinese invasion

I don’t know what those offshore gaming workers do, but it doesn’t sound like they are an asset for the Philippines. More like liabilities.

Why China is unlikely to go away any time soon — 2

The administration's specific conception of a China strategy, however, leaves much to be desired.

Why China is unlikely to go away anytime soon

Chinese persons already make up 40 percent of the world's adults who middle class or richer. The US and Europe together constitute less than 30 percent.

Winners from the US-China trade war

The Philippines does not appear to be gaining much from these developments that are profoundly transforming some of our Asian neighbors, especially Vietnam.

Why are we so craven?

It’s really an open invitation for China to do whatever it wants with us, and we will welcome whatever it dishes out.

Mexico and the Philippines: economic relations with the US compared

Of all countries that I often cite about missing many economic opportunities in the past, Mexico comes close to being in our image.

The worsening US-China trade war

The big economic news today is the failure of the US and China to end the trade war with an agreement. While initially there was widespread optimism about a deal in the works last week, a rude awakening came.

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.