Doughnut Economics: “Intentional” Economics by Crescia Lactao Theory takes care of life in Doughnut Economics. Developed by Oxford University’s Kate Raworth in 2012, Doughnut Economics is a sustainable development theory and framework visually modeled as two concentric circles, hence the dub “doughnut.” To discuss Doughnut Economics and its significance today in the Philippine context, […]
The Climate Emergency and The Economy By L. Eleazar On November 24 of 2020, the House Committee on Disaster Resilience approved House Resolution No. 535 to declare a climate emergency. The resolution aims for a whole-of-government, whole-of-society, and whole-of-nation policy response to mitigate the impacts, consequences, and causes of climate change. This then raises […]
CREATEing Relief During the COVID-19 Pandemic By Euan S. Limon The COVID-19 pandemic has brought negative impacts for the country, especially for the economy. One of the proposed remedies to combat this unfortunate event is the proposed Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill. But what does the bill do, and who […]
Philippine Economy Enters COVID-19 Induced Recession By Ma. Hanie Avery R. Andrade Last August 6, the Philippine Statistics Authority [PSA] (2020) reported the largest decline in quarterly GDP since the 1981 series. The indicator fell by -16.5 percent year-on-year* in the second quarter [Q2] of 2020. It was during Q2 that the Philippines was […]
With the COVID-19 exhausting our healthcare system, it has also taken a toll on our developing economy. In the first of four parts, we shall take a closer into the Philippine economy, and assess the factors that have led to its current state.