Provide your email for confirmation

Tell us a bit about yourself

country *
province *

why we ask about location

Please provide your email address

Login

To share your thoughts

Don't have an account?

Login with email

Check your inbox

We just sent a link to your inbox. Click the link to continue signing in. Can’t find it? Check your spam & junk mail.

Didn't get a link?

Sign up

Ready to get started

Already have an account?

Sign up with email

By signing up you agree to Rappler’s Terms and Conditions and Privacy

Check your inbox

We just sent a link to your inbox. Click the link to continue registering. Can’t find it? Check your spam & junk mail.

Didn't get a link?

Join Rappler+

How often would you like to pay?

Monthly Subscription

Your payment was interrupted

Exiting the registration flow at this point will mean you will loose your progress

Your payment didn’t go through

Exiting the registration flow at this point will mean you will loose your progress

The PH economy under Duterte’s watch (Year 1)

But as we enter #DuterteYear2, we need to be wary of (and prepare for) emergent economic trends: massive government infrastructure spending, higher future inflation, labor policies that could worsen unemployment and underemployment, US Fed rate hikes that could further depreciate the peso, and increasing twin deficits.

We also need to talk more about the economic repercussions of President Duterte’s favorite and most consequential policies, namely the war on drugs and the Mindanao-wide declaration of martial law.

Only time will tell the impact of such sweeping policies on growth, inflation, and unemployment. But before they cause any irreversible damage to our economy, their rationale and effectiveness should not escape scrutiny today.

It’s one thing to blame outsiders for the state of the economy. But it’s another when our very own leaders implement reckless, ill-thought policies that bring economic hardships to our people. – Rappler.com

The author is a PhD student at the UP School of Economics. His views are independent of the views of his affiliations. Follow him on Twitter: @jcpunongbayan

JC Punongbayan

JC Punongbayan is a PhD candidate and teaching fellow at the UP School of Economics. His views are independent of the views of his affiliations.

image