Philippine Economic Society (PES)60th Annual Meeting and Conference
From Bouncing Back to Leaping Forward Towards a Future Ready Philippines
9 November 2022 | Novotel Manila Araneta City (with livestreaming)
10-11 November 2022 | Virtual
With countries around the world emerging from the COVID-19 pandemic, many lessons have been learned in efficiently and effectively organizing work environments and the labor market, providing for basic needs of households, and strengthening public institutions, all with profound effects on the delivery of health, education, transportation, housing, energy and power, travel and the design of built environments, as well as the structuring of supply chains and the organization of financial organizations. At the same time, many challenges have emerged following the relatively long period of economic inactivity and the rise of geopolitical threats in Europe. Asia and elsewhere—the rise of oil prices and subsequent inflation, disruptions in international trade, and continued menace of autocracy. Even with the threat of the pandemic receding, issues related to the political, economic, cultural and digital divide, climate change, and autocracy continue to plague the world; these developments have especially affected developing countries, such as the Philippines.
Therefore, the main challenge for the Philippines is how to develop a long-term development strategy that is sustainable, equitable, and less vulnerable to natural and social disruptions. These entail the development of policies and programs that will allow the country to be ready to meet the challenges in the coming decade and beyond.
This year's PES Conference, which also celebrates the sixtieth year of the founding of the organization, showcases policy and programmatic solutions to long-running development issues and aims to push forward fresh ideas to radically move forward in the post-pandemic world. Key speakers will highlight the importance of comprehensive responses for a dynamic and inclusive society as the country continues to move into the 21st century.
For inquiries:
The PES Secretariat
c/o Philippine Social Science Council
Tel No.: (632) 8-929-2671
Email: pes.eaea@gmail.com
Ready for BSP top position – Medalla
The Bangko Sentral ng Pilipinas’ (BSP) next governor, Monetary Board member Felipe M. Medalla, did not expect his future appointment as BSP’s highest-ranking official.
“As late as Monday (May 23), it was a zero probability event,” Medalla told Manila Bulletin when asked about the circumstances of the BSP suddenly requiring a new governor after its current chief, Benjamin E. Diokno, was named the incoming Marcos administration’s finance secretary.
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Fiscal discipline, investments fuel economic growth—economist
A prominent economist said only an improved and innovative public sector will bridge the gap and reduce inequality for inclusive growth.
Dr. Charlotte Justine Diokno-Sicat, research fellow at the Philippine Institute for Development Studies (PIDS) and president of the Philippine Economic Society (PES), underscored this in her paper “Promoting an Investment-Driven Economy Through Good Governance.”
Sicat said the reform would involve fiscal consolidation and strategic investments in physical and human capital.
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“Better sectoral partnerships bode well for inclusive growth”
MANILA, Philippines — An improved government and private sector should be in place if the Philippines wants to recover from the pandemic and grow inclusively.
Think tanks Philippine Institute for Development Studies (PIDS) and Stratbase ADR Institute both said the public and private sector should work together to reduce inequality in the country that was further exacerbated in the last two years.
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Reforms key to reduce inequality
A prominent economist on Friday said only an improved and innovative public sector will bridge the gap and reduce inequality for inclusive growth, and this should take the form of fiscal consolidation and strategic investments in physical and human capital.
Dr. Charlotte Justine Diokno-Sicat, Research Fellow, Philippine Institute for Development Studies (PIDS) and president of the Philippine Economic Society (PES), said there should be no policy reversals nor any major institutional disruptions that would affect revenue raising or spending capacity of the national government.
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Equality and prosperity through good governance
Thinking Beyond Politics
By Victor Andres C. Manhit
Reducing inequality and achieving inclusive growth are inseparable. When we narrow inequality, we reinforce the capacity of sectors and individuals to overcome structural factors that limit their mobility in society.
When we promote growth that is beneficial to all classes and encourage people’s productive participation in the economy, we not only neutralize equality barriers. We also make people capable of being upwardly mobile.
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