Bernardo M. Villegas
Featured Article
Reforms in Department of Education (Part 2)

            As an economist with a strong social conscience, Francis firmly believed  that one of the greatest services a society can render to the poor is to increase the quality of elementary and secondary school education that the children of the poor can attain in the public schools.  He made it his overriding mission to the make the most out of the limited budget that the Government can devote to quality public education.  As a practical business economist, he made sure that the increasing budget allocated for education under the Aquino Administration will be spent as cost efficiently as possible.   He was glad to observe the macroeconomic phenomenon that the percentage of the expenditures on public education as a percentage of GDP has been on the constant increase under the present Administration.  He made sure, however, that the larger budget would be spent as wisely as possible.  His target was always to achieve significant savings in every line budget.

   Featured Books

       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: