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CIELITO F. HABITO

No Free Lunch: Thunberg vs Trump

January 28, 2020

With the theme "Stakeholders for a Cohesive and Sustainable World," billionaires, world leaders and other movers and shakers gathered last week at the ski resort town of Davos, Switzerland, for the 50th World Economic Forum (WEF). The annual meeting has been described as the place where billionaires tell millionaires how the middle classes should live their lives. It is remarkable that WEF's organizers chose to focus this year's discussions on cohesion and sustainability, even as its participants tend to be seen as the very impediments to the chosen themes. They even invited Greta Thunberg, the now-famous Swedish youngster who has gained worldwide prominence for scolding world leaders in various forums for lack of meaningful action on climate change.

Read more: https://opinion.inquirer.net/126968/thunberg-vs-trump#ixzz6JpINOHM5


SAMIRA GUTOC

A Girl from Marawi: Job-Hunting is an Art

January 26, 2020

Cash is hard up for many this January, start of the year after December shopping and parties. Incoming graduation ceremonies in Mindanao such as Mindanao State University- Main campus are sending off many youngblood anew to the jungle of job-hunting and joblessness. To compound the hardship for those affected by calamity like Taal, there are no more documents or anything to help one recover financially.

Read more: https://thephilbiznews.com/2020/01/26/a-girl-from-marawi-job-hunting-is-an-art/


CIELITO F. HABITO

No Free Lunch: Think local, act gobal?

January 24, 2020

The global economy, which is characterized by an integration of market economies, is facing fragmentation," observes the government think tank Philippine Institute for Development Studies (PIDS) in its "Understanding the New Globalization" report. It further notes that disenchantment with globalization has led many large countries to turn inward. But this seeming tendency is undermining the world's ability to provide for global public goods, or counteract global public "bads," now so essential in the contemporary world that is the product of the "old" globalization and rapid technological change. What are global public goods, and what are examples of them? We must first distinguish between "public goods" and regular or "private" goods. Two attributes are critical in this distinction: nonrivalness and nonexcludability. A good is "rival" when those consuming it prevent others from doing so. That is, consumers are "rivals" in consuming the same specific good or service. When you buy and enjoy a hamburger or a massage, no one else can consume that same hamburger or massage. But for nonrival goods and services-like street lighting, a nice scenery or national defense-one can enjoy them without keeping others from simultaneously enjoying them as well.

Read more: https://opinion.inquirer.net/126858/think-local-act-global#ixzz6JpIG0a6l


CIELITO F. HABITO

No Free Lunch: Trust and social cohesion

January 21, 2020

"Much of the economic backwardness in the world can be explained by the lack of mutual confidence," once wrote the late Nobel laureate economist Kenneth Arrow. This would imply that countries where the level of trust is low are likely to have low economic performance. This is in fact upheld by data for 100 countries compiled by the World Values Survey (WVS), a global network of social scientists studying changing values and their impact on social and political life. Among the values the group examines is trust, which they have found to be correlated with cultural, social and economic dimensions of human well-being.

Read more: https://opinion.inquirer.net/126769/trust-and-social-cohesion#ixzz6JpI73AtU


CIELITO F. HABITO

No Free Lunch: The new globalization

January 20, 2020

As we enter a new year and a new decade, is our country equipped and prepared for the challenges of a rapidly transforming world under a new and different phase of globalization now transpiring? Last year's World Economic Forum dubbed it Globalization 4.0, or the fourth wave of globalization, noting peculiar circumstances and trends surrounding it quite unlike the previous waves the world has seen.

Read more: https://opinion.inquirer.net/126356/the-new-globalization#ixzz6JpGveRao


SAMIRA GUTOC

A Girl from Marawi: We are one in crisis

January 19, 2020

As a volunteer in humanitarian responses for calamities such as Sendong and Yolanda, as well as conflicts such as Zamboanga and Marawi, I see the valuable need for stakeholder collaboration in disaster response. We can never be ready without learning lessons from the past.

Read more: https://thephilbiznews.com/2020/01/19/a-girl-from-marawi-we-are-one-in-crisis/


CIELITO F. HABITO

No Free Lunch: Taal's fury and the economy

January 17, 2020

So early in the year, we are beset with a major natural disaster yet again. Two major typhoons just ruined the Christmas season for large numbers of our fellow Filipinos, and now this-and the disaster isn't even over. A major explosive eruption is still anticipated from Mt. Taal as of this writing, and based on the nature of the expected "magmatic" versus the recent "phreatic" or steam-induced eruption, it could well be that the worst is yet to come. What do all this hold for Filipinos in general?

Read more: https://opinion.inquirer.net/126674/taals-fury-and-the-economy#ixzz6JpHybe5A


CIELITO F. HABITO

No Free Lunch: Widening and narrowing gaps

January 14, 2020

Good news: Inequality among countries has improved, as poor countries have managed to narrow their gap with the rich ones in recent decades. Bad news: Income inequality within individual countries has generally worsened. Good news (for us): The Philippines has been an exception to this, with evidence showing income gaps to have narrowed since 2000. Poverty incidence has also lately declined faster than it has in decades, especially after it actually increased in the last.

Read more: https://opinion.inquirer.net/126592/widening-and-narrowing-gaps#ixzz6JpHPvJRR


SAMIRA GUTOC

A Girl from Marawi: Why War is a Waste

January 12, 2020

When I was in Saudi Arabia as a child, I experienced the Gulf War. We at the Philippine School were taught drills on falling flat on floors in case there would be aerial bombings. It was natural for Dad who worked at the Consulate to see our house teemed with OFW visitors . It was common to see some of them sleep over. One vivid memory in our small jam-packed sala is tiptoeing over one sleeping body to another.

Read more: https://thephilbiznews.com/2020/01/12/a-girl-from-marawi-why-war-is-a-waste/


EDILBERTO C. DE JESUS

Business Matters: Babies and bathwater

January 11, 2020

How did water concessionaires unjustly exploit the onerous provisions the Duterte administration discovered in their agreements? The original contracts, crafted by the Ramos administration, had been in force for over two decades, overseen by the Metropolitan Waterworks and Sewerage System (MWSS), a government regulatory agency. Also unclear is why their extension by the Arroyo administration was deemed "irregular" enough to deserve cancellation.

Read more: https://opinion.inquirer.net/126525/babies-and-bathwater#ixzz6JpBJ8gVK