Bernardo M. Villegas
  Page last updated at 02:28 UTC, Wednesday, 02 December 2020 PH

     The MercatorNet Backgrounders are crisp and incisive commentaries written by experts on a range of hot-button issues in the news.  These include moral relativism, libertarianism, democracy, cloning, IVF, family life and TV and the internet, international debt relief, responsible parenthood, politicians and conscience, end-of-life issues, tolerance and fatherhood.

     Asian Development Bank (ADB) is an international development finance institution whose mission is to help its developing member countries reduce poverty and improve the quality of life of their people.

     The International Monetary Fund (IMF) is an organization of 186 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.