Bernardo M. Villegas
Recent Articles
It All Begins At Home (Part 3)
published: Nov 28, 2017


It All Begins at Home (Part 2)
published: Nov 20, 2017

Need to Amend SOGIE Bill (Part 2)
published: Nov 17, 2017

It All Begins At Home
published: Nov 13, 2017

Need to Amend SOGIE Bill (Part 1)
published: Nov 10, 2017

 
Featured Article
No Longer A Basket Case (Part I)

            Without trivializing the loss of even one human life, one can be glad that the tragedy that struck the islands of Central and Eastern Visayas of the Philippines last November 8 happened in 2013 when the country has finally shed its notoriety as the "sick man of Asia."  The Philippine economy is in a much better position to meet the challenge of helping the stricken communities in the arduous task of rehabilitation, reconstruction and recovery.  The Government has a very healthy fiscal position, with its deficit much below the prudent limit of 4% of GDP.  The private banking sector is awash with liquidity, thanks to the quantum leap of the savings rate from the low levels of 18% in the 1990s and early 2000s to more than 30% of GDP, owing mainly to the remittances of overseas Filipino workers (OFWs) of more than $20 billion yearly.  Inflation is below 3% and the international reserves are at an all time high of 11 months of import coverage, enabling the Central Bank to manage the volatility of the foreign exchange rate that is expected to hover at the P43 to 44 to a US dollar for the next year or so.

   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: