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The standard definition of a recession is when the gross domestic product (GDP) sinks for two consecutive quarters. The additional three months is an economist’s dispensation to initial contraction. Even for politicians and presidential appointees that should be easy enough to understand. Never mind that in the convenient colloquialism too-often applied, controversy constantly confounds. There [...]
As if the problem of catching up with the need to employ at least 1.5 million Filipinos being added to the labour force every year was already an insurmountable challenge in itself (given the inherent inability of Pinoys to create employment-generating capital indigenously), there is the other whammy now hitting our fortunes with the disappearance [...]
When we are alive, we are all equal in the eyes of the Law. As living and breathing humans, each of us is (in principle) a priceless member of society and all equally entitled to the same human rights, respect, and sanctity enshrined in the set of fundamental principles that underlie most modern democratic societies. [...]
I consider myself a lucky guy. I was a general management consultant back in the funny days of the Dot Com boom and watched bemused as all the Baan, PeopleSoft, Siebel, Ariba, Vignette, and Web consultants, among others, suddenly found themselves on the bench doing “Admin” work (and quite a number of even more unlucky [...]
I am no economist, so this post is a question. It almost seems like you’re listening to a choir. Public, private, and even foreign financial and economic experts are saying the Philippines will be able “to ride out the” the economic contagion that’s threatening to engulf the world. But will the Philippines really be able [...]
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