Bernardo M. Villegas
 
Featured Article
To Do List for Government

            In the euphoria surrounding the high GDP growth in the first quarter (the highest in East Asia) the Philippine Government may become complacent and fail to address some of the challenges still facing the Philippine economy in the coming decade or so.  The next three years will be crucial if we are to take advantage of the growth momentum coming from rising domestic consumption, the revival of manufacturing, the continuing high growth of such services as BPO and tourism, the housing boom and the sterling performance of the Department of Public Works and Highways in accelerating the construction of vital infrastructures, especially in the regions outside of Metro Manila.  Before these engines of growth run out of steam, it is important that the Government address the still very low rate of investments to GDP (the lowest in East Asia), the mediocre level of Foreign Direct Investments (FDIs), and the very slow process of implementation of transport and communications projects (the Department of Transport and Communications is the weakest link in the government bureaucracy). 

   Featured Books
POSITIVE DIMENSIONS OF POPULATION GROWTH

       The historical trends, empirical findings, and policy updates are discussed in detail in the essays compiled in this book. The most convincing argument that supports the thesis of the book, i.e. that population growth is a poitive factor in attaining sustainable human development, is found in the foreword to the book, which is adopted from an article written by Mr. Roberto de Ocampo, former Finance Secretary of the Philippines and multi-awarded finance official in Asia. Thanks to the continuing growth of the Philippines population, Filipinos are in more than 100 countries all over the world, contributing much-needed foreign echange and purchasing power to the Philippine economy and fostering the human and spiritual development of the most diverse of peoples and cultures on this planet.

   Featured Video
Antigua Forum Interviews 2012

 An interview with Dr. Villegas about the PH economy in Antigua Forum, Universidad Francisco Marroquín, last January 2012. See Link: