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Showing posts with the label economiccrisis

Philippine Inflation

Inflation in the Philippines ✏️ Glenn Junsay Pansensoy  ·  📁 National Affairs  ·  ⏱️ 7 min read Philippines: Inflation, Corruption & the Cost of Government Capture Philippine Inflation, Corruption, and the Cost of Government Capture Inflation is more than a macroeconomic statistic; it is an everyday reality measured in empty plates and unpaid bills. Today, the Philippines faces inflation rates that often exceed those of neighboring Southeast Asian economies. Behind the numbers lies a painful distributional truth: the poorest Filipinos—those who spend the lion's share of income on food—bear the brunt, while an eroding middle class struggles to stay afloat. Much of this pressure is avoidable. The position of businesses with close ties to political power, regulatory capture, and opaque public procurement have inflated costs, blunted policy responses, and put profit ahead of public welfare. The recent Senate crisis is n...