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Philippine Economic Society (PES)

59th Annual Meeting and Conference

Building Back Better: Harnessing Digitalization Towards a Transformed Philippines

11-12 November 2021 | Virtual Conference

In view of the restrictions on mass gatherings due to the COVID-19 pandemic, all plenary and breakout sessions of the 59th PES Annual Meeting and Conference will be held online.

Already marking a year of the COVID-19 pandemic, but with brighter prospects owing to the development of a vaccine, the world faces two major challenges: (1) continuing to manage COVID-19 and its emerging mutations; and, (2) jumpstarting the global economy.  Measures taken to control the spread of COVID-19 took its toll on market economies, while the necessary shift to a digital economy reshaped the way goods and services are provided and magnified the existent digital divide across income groups in society. This digital divide impacts social, economic and financial inclusion, causing scarring and affecting human capital and infrastructure development, investments necessary for inclusive growth.  This year's PES Conference showcases these issues and aims to turnout ideas to pave the way for social, economic and financial inclusion, under a new fiscal and monetary consensus.

For inquiries:

The PES Secretariat

c/o Philippine Social Science Council
Tel No.: (632) 8-929-2671
Email: pes.eaea@gmail.com

Partners and Sponsors of the 59th PES Annual Meeting and Conference

PES Board elects officers for 2021

The Philippine Economic Society (PES) Board of Trustees elected its new set of officers for this year on 15 January 2021. The Board elected the following:

  • President: Dr. Faith Christian Q. Cacnio, Bangko Sentral ng Pilipinas
  • Vice President: Dr. Charlotte Justine Diokno-Sicat, University of the Philippines-Diliman/Philippine Institute for Development Studies
  • Secretary: Dr. Sarah Lynne S. Daway-Ducanes, University of the Philippines-Diliman
  • Treasurer: Dr. Kevin C. Chua, World Bank

Also comprising the PES Board are:

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Philippine Institute for Development Studies – Supervising Research Specialist

The Philippine Institute for Development Studies (PIDS), a nonstock, nonprofit government corporation engaged in the conduct of long-term policy-oriented research, is now considering applicants for Supervising Research Specialist for the project Analysis of the 2022 President’s Budget Fiscal Viability of LGUs National Tax Allotment and Public Management Development Program (PMDP).

The deadline of submission of applications is 29 March 2021.

For more information on the job posting, view file attachment.

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Experts list what to track, tools to keep ready as ‘S’ word follows inflation data

WITH the economy still in recession and millions still looking for jobs, the recent spike in inflation in January sounded off alarm bells for what could be a very bad economic omen: stagflation.

However, local economists interviewed by the BusinessMirror disagree with this saying that without runaway inflation, or inflation rates of above 50 percent, there could be no stagflation.

Still, most experts interviewed agreed on the need to track the risks that could fan more inflation upticks this year, including global oil markets.

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New lockdown nixed amid 9.5% contraction

THE economy can no longer stay on lockdown, and prolonging the mobility restrictions would condemn even more Filipinos to poverty and hunger, according to the National Economic and Development Authority (Neda).

In a briefing on Thursday, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said this is the economic team’s stance despite the presence of a new Covid-19 strain in the country.

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More help needed from banks, fiscal sector vs. pandemic's impact

MANILA – Banks need to further increase their lending activities and fiscal measures should be expanded to help boost economic recovery, a former central bank official said.

During the first day of the week-long Philippine Economic Society (PES) annual meeting Monday, former Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo said the central bank has done the heavy lifting to help buoy the domestic economy from the impact of the pandemic.

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Motorcycle taxis seen back on streets soon

MOTORCYCLE taxi operators are set to resume their operations in Metro Manila, Cebu and Cagayan de Oro once minimum health and safety protocols that will guide the use of the modern mode of public transportation are put in place by the National Task Force (NTF) against COVID-19 and the Department of Transportation (DOTr).

Under Memorandum Circular No. 03 issued by the NTF, the DOTr has been authorized to resume the pilot study on the viability of using motorcycle units as a mode of public transportation to ease public commuting woes of the riding public.

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3 provinces in state of calamity

President Rodrigo Duterte will most likely place the entire Bicol region, Mimaropa, and Calabarzon under a state of calamity due to the damage caused by super typhoon “Rolly,” Malacanang said Monday, enabling them to tap emergency funds.

The National Disaster Risk Reduction and Management Council (NDRRMC) earlier recommended placing the three regions under a state of calamity, after Rolly did at least P14 billion in damage to agriculture and infrastructure.

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Q2 GDP contraction adjusted to -16.9%

State statisticians on Monday lowered the official second quarter gross domestic product (GDP) contraction to -16.9 percent from the earlier -16.5 percent.

“Major contributors to the revision were real estate and ownership of dwellings, from -20.1 percent to -29.7 percent; wholesale and retail trade; repair of motor vehicles from -13.1 percent to -13.9 percent; and financial and insurance activities from 6.8 percent to 5.4 percent,” said the Philippine Statistics Authority (PSA) in a report.

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