Bernardo M. Villegas
Recent Articles
Need to Broaden VAT Base
published: May 30, 2017

Emerging Markets Leading World Growth
published: May 22, 2017

Featured Article
Misguided Nationalism (Part 1)

            Speaker Sonny Belmonte will be remembered by posterity as the legislator who planted the seeds for the eventual triumph of authentic nationalism.  As the realistic politician that he is, he has given up in trying to convince the Executive branch about the wisdom of amending the economic provisions in the Philippine Constitution that unreasonably restrict foreign direct investments.  The election fever is already in the air and there are other priority concerns of the Government, especially to undo the great damage done by the inability of the Executive to implement vital infrastructure projects already funded by the budget, not to mention its lack of competence in rolling out numerous projects under the Public Private Partnership scheme.  I agree that President Benigno Aquino III should completely focus on spending as much as possible on public works for the remaining months of his mandate so that we can bring back the economy on track at least at 7 percent GDP growth for the rest of the year and pave the way for an 8 percent growth in 2016 and beyond.

   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: