Tag Archives: economics

John Maynard Keynes or Friedrich Hayek

For decades, two opposing theories of economics have been causing heated debates — those of John Maynard Keynes and of Friedrich Hayek. For many years, it seems that John Maynard Keynes was more influential to economic managers. Keynes was big … Continue reading

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The mystery of the shrinking wallet: How to combat rising prices, part 2

con’t. I realize that the preceding paragraph (in part 1) shows such a defeatist attitude so let me try to redeem myself and offer some enlightenment on the subject matter. When prices rise steeply, there are two things we can … Continue reading

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Exports and Foreign Direct Investments

Update as of Jan. 2010 Philippine exports break losing streak–rises in November ·       Exports in November hit $3.69 billion, up 5.1% from a year earlier ·       This is also +0.6% higher  from October levels. ·       For the January-November period, exports were down 24.6% … Continue reading

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Economics 2009; Deficit & Inflation

Philippines to incur Php 300 Billion in deficit for 2009 · According to the Department of Finance, the Philippines will likely report a budget deficit for 2009 of below PHP300 billion ($6.56 billion). · One of the reasons for the … Continue reading

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John Maynard who? (part 2)

… con’t. The Philippine government tried to copy the same cheap money scenario but the local game was played very differently. The government pegged the interest rate very low, yet the bank’s borrowing rates were still stiff and did not … Continue reading

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Remittances, growth forecast for developing Asia

Philippine Remittances reach highest level A new record high for remittances was seen this Oct, reaching $1.53 bln. This was up by 6.7% Yoy and was better than the previous high of $1.49 bln established in the month of  June. … Continue reading

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Philippine Economy Update, 11.26.2009

Philippine economy is expected to see some minimal growth — still good news considering many economies are still in recession. However, inflation is becoming to be a concern, let’s pray it is a temporary situation. Inflation per se is not … Continue reading

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