Bernardo M. Villegas
 
Featured Article
Infrastructures: The Key to Competitiveness

            The boldness of President Rodrigo Duterte should be addressed especially to the building of more efficient infrastructures, in which the Philippines pitifully lags behind its East Asian neighbors.   With the support of a Budget Secretary that is equally bold in macroeconomic terms, we should be able to go beyond the average of 5 percent of GDP spent on infrastructures in the region.  Because of our backlog, the Duterte Administration should even consider raising that percentage to 7 percent of GDP, as was suggested by Senator Grace Poe during the presidential campaign.  There is great need to accelerate an integrated infrastructure program by focusing on interconnectivity of regions, and from source to market, both nationally and globally.  The new Administration should build on what former President Gloria Macapagal Arroyo accomplished through the Philippine Nautical Highway.  We should interconnect even more some of the major islands, replicating what Imelda Marcos did in building a bridge between Samar and Leyte.  Possible candidates are Batangas and Mindoro, Iloilo and Guimaras, Dumaguete and Siquijor, among many others.  These bridges can facilitate even more the domestic travel of close to 40 million Filipinos who are among the first tourists in their own land.

   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
Inside Business: Critique on RH Bill

ANC Interview by Coco Alcuaz regarding the RH bill and the Philippine economy.