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Nationalism in the age of globalization

Globalization is perhaps the most important of the long-run forces
driving world development today. (In the 20th century it may have been the independence movements of the colonized peoples in Asia and Africa – which, by the way, is an indication of how advanced politically the Philippines was in the second half of the 19th century, when Filipinos began their agitation for national sovereignty ahead of most other countries in the region).

Crossing norms

Early one morning in late November, on my way to De La Salle University for an important appointment, I hit a traffic jam that, hyperbole aside, stretched for at least a mile on Zamora Bridge, that flyover-bridge infrastructure complex that connects Valenzuela Street in Sta. Mesa and Quirino Avenue in Pandacan. The cause of the bumper-to-bumper snafu: gridlock at the Tejeron Street intersection, where cars refused to give way to those going crosswise relative to their direction. Ruing my choice of route for the day, as the minutes ticked away I tried to make the best of a bad situation by devising an economic model that offered an explanation for my predicament. What follows is the game-theoretic parable that came out of my ruminations.

Farm sector strategy one year after EDSA 2

This piece was written on Jan. 24, 2001 – at the time that President
Gloria Macapagal-Arroyo assumed office in the wake of EDSA 2. It is
useful to revisit the recommendations outlined here for the recovery
and growth of the rural and agricultural sector, one year after the
entry of the post-Estrada administration.

OilEx again?

Gasoline prices have been making news again. Prior to the recent
rollbacks, oil companies had hiked their prices, precipitating much
protest and renewed calls for repealing oil deregulation Meanwhile,
Cong. Enrique Garcia of Bataan has re-filed his Oil Exchange bill in
the current Congress as House Bill No. 300. It is essentially a toned
down version of last year’s bill that no longer provides for taking
over private oil firms’ physical storage facilities and terminals.
However, HB 300 Sec 4 still provides for an oil exchange…

Oops, they did it again

During those weeks or months when road construction is ongoing, each time I hit Quirino Avenue and become one of the snarling mass of slow-moving vehicles on it, the question that inevitably rises out of my guts in between prayerful ejaculations (not curses, mind you) for politicians (whose CDFs fund the infrastructure project), DPWH bureaucrats, and contractors’ is WHY THE ANNUAL RESTORATION OF VIRTUALLY THE SAME PATCH OF REAL ESTATE?

The need to focus on tax administration in the near term

Two factors make tinkering with the tax code irresistible. One, the
BIR’s tax effort, contributing roughly 75% of National Government tax
revenue, has slid down to pre-CTRP (Comprehensive Tax Reform Package) levels. After peaking at 13% in 1997, it went down to 10.9% in 2000, lower than the 1994 BIR tax effort of 11%. Two, the revenue “crisis” comes at a time when prospects for economic recovery are bleak, and all sectors look to government to stimulate economic activity.