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Competitiveness and governance

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Of late, we have been blessed by more than a few positive news concerning our economy and society. There has been a transformation, from being the Sad Sack in East Asia to being the object of praise, without sarcasm, from the MD of the IMF. We should celebrate the gains we have made. We thank [...]

Posted: December 30th, 2012 in Columnists | Read More »

German economic miracle leaves the poorest behind

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German Chancellor Angela Merkel attends the first session of the budget 2013 debate at the parliament Bundestag in Berlin, Germany, on Sept. 11, 2012. According to a new poverty report drawn up by the labor ministry, the gap between rich and poor in Europe's top economy continues to widen. The report is being seen by some as a covert call for a redistribution of wealth, possibly via higher taxes for the rich. But Chancellor Angela Merkel has been quick to rule out any such moves.  AP PHOTO/MARKUS SCHREIBER

The economic “miracle” that has enabled Germany to escape the worst of Europe’s debt crisis is largely passing by some of the most vulnerable people in society, critics say.

Posted: September 23rd, 2012 in Latest Business Stories | Read More »

The problem is our moral code

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For the last 40 years, the Philippines has been an economic laggard, and we perpetually blame it on our leaders. We were led by people who stole our money, we are told, and so there were Marcos, Estrada, GMA, and now, our Chief Justice, Corona.

Posted: April 16th, 2012 in Columnists,Inquirer Columns | Read More »

US poverty rate hits 15.1 percent, highest since 1993

WASHINGTON—The US poverty rate rose in 2010 to 15.1 percent, the highest rate since 1993, the Census Bureau reported Tuesday. The report showed a sharp increase in poverty from 14.3 percent in 2009, and a fourth consecutive rise in the number of people below the poverty threshold, to 46.2 million. The US definition of poverty [...]

Posted: September 13th, 2011 in Latest Business Stories | Read More »

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