The Leaseback Mode of Agrarian Reform: Strengths, Weaknesses and Options

This policy paper is an assessment of the strengths and weaknesses of the leaseback agreement (LBA) as an agrarian reform (AR) modality based on a comparative study of the LBA experiences of worker-beneficiaries of Dole Philippines (DOLEFIL) in South Cotobato and Filipinas Palmoil Plantations, Inc. (FPPI), the Filipino-Malaysian corporation which has taken over the operations […]

Drawing Lessons To Put In Place Poverty-Sensitive Responses To Macro Shocks

Undoubtedly, a macroeconomic shock–resulting in an economic slowdown or worse, a recession–aggravates poverty which could lead to irreversible effects on capabilities of the poor. Based on lessons drawn from past crises, this paper attempts to develop a guide for policy-making that is sensitive and responsive to the welfare and interests of the poor. It describes […]

Payola, Efficiency and Electricity Industry Reform

The legislation to privatize the National Power Corporation (Napocor)
along with the more sensational pay-by other earth-shaking news:
full-blown war in Mindanao, the kidnapping of Filipinos and foreigners,
the spate of urban bombings, etc. All these events have undermined
confidence in the Philippine economy. The Napocor controversy remains a
critical issue; a derailing of the electricity industry reform will be
interpreted as another blow to business confidence. In this light, the
Senate deliberation is very crucial.

Rebuilding Society, Rebuilding the Economy

The tasks facing the post-Estrada Administration are awesome. It will
be presiding over a devastated economy – deserted stock market,
debased currency, weakened domestic sector, cash-short treasury and a public sector debt almost equal to the gross domestic product. To get the economy going, it has to fast track the repair and renovation of collapsing infrastructures while building new ones. But more importantly, it has to create jobs for over three million unemployed and in the long term, decent and regular jobs for over seven million underemployed.

Cronyism Wins Over Reforms in Espiritu’s Exit

Finance Secretary Edgardo Espiritu’s decision to resign from his plum
cabinet post is a just position and a courageous action. When so-called
peers undermine his authority and when the President condones cabal
schemes to oust him, the honorable option then is to resign. The
conspiracy to remove Espiritu is a repeat of the tragedy that befell
Karina David, something that is becoming a regular occurrence in the
Estrada Cabinet.