CROSSROADS (Toward Philippine Economic and Social Progress)
World War I: Our limited participation
by Gerardo P. Sicat - November 14, 2018 - 12:00am
The program commemorating the 100th year after the ceasefire, or the end of the first World War last Monday (Nov. 11) in Paris mesmerized and resonated for those who remember the symbolism and danger of war.
US-China trade war will be settled
by Gerardo P. Sicat - November 7, 2018 - 12:00am
The trade war between the US and China has been escalating step-by-step since the beginning of this year. The trade war also causes greater risk and uncertainty to world commerce and development.
Forex controls in the 1950s: Philippine economic history
by Gerardo P. Sicat - October 24, 2018 - 12:00am
The 1950s were an era of foreign exchange and import controls for the Philippines. This lasted for a solid one decade during which the country undertook to rehabilitate from the war and move toward political and...
Two pesos per dollar unsustainable after independence: Phl economic history
by Gerardo P. Sicat - October 17, 2018 - 12:00am
Philippine independence was on schedule to be delivered on July 4, 1946 just a few months after the end of the Second World War.
The peso and Philippine economic history
by Gerardo P. Sicat - October 10, 2018 - 12:00am
The story of the peso is inextricably linked with our economic history as a nation. It is also part of Philippine political history.
Inflation: Toward moderation?
by Gerardo P. Sicat - October 3, 2018 - 12:00am
Inflation continues to be the concern of the moment. Actions that are designed to tame it are being undertaken by the fiscal and monetary authorities.
The Fourth Industrial Revolution: What it could mean for us
by Gerardo P. Sicat - September 26, 2018 - 12:00am
The frontier of technological and scientific developments arising out of the digital and computer revolution – which is summarized by the oncoming convergence of smart phones, robotics, artificial intelligence,...
The trade deficit and the balance of payments: What need be done
by Gerardo P. Sicat - September 19, 2018 - 12:00am
In the previous column, I referred to the deficits in the balance of trade (earnings from exports over imports) as partly responsible for the understanding of the complex problem of rising prices (inflation), the...
Philippine growth: Wages, employment, and poverty reduction
by Gerardo P. Sicat - September 5, 2018 - 12:00am
Two current World Bank studies dealing on the Philippine economy provide a useful framework for reviewing the status of economic development and of labor market issues in the country.
The US trade wars: An update
by Gerardo P. Sicat - August 29, 2018 - 12:00am
The US trade wars that were initiated by President Trump early this mid-year are playing out their expected path. There is a high level of tension in the future of trade affecting the major powers, and as a consequence,...
The fiscal cost of shifting to a federal structure
by Gerardo P. Sicat - August 22, 2018 - 12:00am
The draft federal constitution of the ConCom (Constitutional Committee) submitted to the Congress for adoption has huge budgetary implications on government operations which may likely cause a fiscal crisis.
The draft federal constitution: the case against a long, complex constitution
by Gerardo P. Sicat - August 15, 2018 - 12:00am
The draft federal constitution for the Philippines presented by the Constitutional Commission is a long, 82-page document, presented in single-spaced typed text, coming to a total of 30,516 words.
No pain, no gain: The physical fitness game
by Gerardo P. Sicat - August 1, 2018 - 12:00am
One way to characterize most economic decisions is to invoke the rule: “No pain, no gain.”
The Duterte administration after two years: Assessing prospects for higher growth
by Gerardo P. Sicat - July 25, 2018 - 12:00am
In conjunction with this year’s SONA (State of the Nation Address), which is the third for the Duterte presidency, we focus our commentary today on the administration’s accomplishments during the first...
Lessons from KISS!, Wimbledon and football 2018, and the draft federal constitution
by Gerardo P. Sicat - July 18, 2018 - 12:00am
Management experts tell us about the virtue of KISS! –”Keep It Simple, Stupid!” In short, this advice or admonition means “the simpler, the better.” Perhaps, wisdom epitomizes the phrase,...
Economic risks of the Build Build Build program
by Gerardo P. Sicat - July 11, 2018 - 12:00am
Even if there were no external and political risks facing the Build Build Build program of infrastructure, economic risks present themselves in several forms.
Effort, opportunity and the standard of success: A commencement address
by Gerardo P. Sicat - June 27, 2018 - 12:00am
I addressed the commencement ceremony of the 2018 graduates of the UP School of Economics last June 22 at the University Theatre of the University of the Philippines in Diliman, Quezon City.
Trade war: Consequences on nations
by Gerardo P. Sicat - June 20, 2018 - 12:00am
At the end of my column last week, I said, “The trade war has started.”
Opportunity and danger: Trade war and summit
by Gerardo P. Sicat - June 13, 2018 - 12:00am
A contradiction of opportunity and danger summarizes three major current events that are shaping the geopolitical and international trade scenario.
The minimum wage and economic progress
by Gerardo P. Sicat - June 6, 2018 - 12:00am
Concern about rising prices has led to renewed demand to raise the minimum wage. In fact, it has led to proposals to radically raise the country’s already high national minimum wage.
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