Bernardo M. Villegas
Featured Article
Gastronomical Tourism

           The Spanish economy is now in crisis mainly because of the collapse of the real estate sector and the construction industry.  It may take time for these two drivers of growth to recover.  From what I experience in Spain during my two-year stay as a Visiting Professor at the IESE Business School in 2007 to 2008, three sectors that can survive the ongoing crisis are the three of the four F's that I have singled out as the sunrise industries in a consumer-oriented economy:  Food, Fashion and Fun.  The fourth F, Furniture or Furnishings, may have to take a back seat because demand for this consumer durable is highly correlated with demand for housing, which is the hardest hit by the recession in Spain.  

   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: