4economic liberalization ver4

8/6/2019 4economic Liberalization VER4

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29 July 201129 July 2011 Joji Ilagan BianJoji Ilagan Bian 11

National Patrimony National Patrimony

and Economic and Economic

ReformsReforms

Joji Ilagan BianJoji Ilagan Bian




More Filipinos are HungryMore Filipinos are Hungry

More Filipinos have little or noMore Filipinos have little or nofood in their tablefood in their table




More Filipinos cannot affordMore Filipinos cannot afforddecent education for their decent education for their

childrenchildren




More Filipinos cannot affordMore Filipinos cannot affordhealth care serviceshealth care services




More Filipino professionalsMore Filipino professionals

are leaving the country toare leaving the country to

work abroadwork abroad




NO JOBS, NO WORKNO JOBS, NO WORK

Business is slowBusiness is slow

Investments are decliningInvestments are declining




Country 1995 2000 2003

Indonesia 4346.0 -4550.0 -596.9

Malaysia 4178.2 3787.6 2473.2

Philippines 1478.0 1345.0 319.0

Singapore 7123.7 11400.4 5625.5Thailand 2068.0 3366.0 1949.3

Source: ADB, Key Indicators 2005

Foreign Direct Investment

(US$ million)




Poverty incidence isPoverty incidence is

increasingincreasing




National PatrimonyNational Patrimony

The State may explore, develop, utilizeThe State may explore, develop, utilize

natural resources, or enter into conatural resources, or enter into co--

production, joint venture, or production production, joint venture, or production--sharing agreements with corporationssharing agreements with corporations

fully owned (no longer 40%) by fully owned (no longer 40%) by

foreigners.foreigners.




Alienable lands of the public domain shall be Alienable lands of the public domain shall belimited to agricultural and reclaimed landslimited to agricultural and reclaimed lands

Private corporations or associations, including Private corporations or associations, including

corporations fully corporations fully--owned by foreigners, may hold owned by foreigners, may hold

such alienable lands of the public domain by such alienable lands of the public domain by

lease; but only Filipino citizens may acquirelease; but only Filipino citizens may acquire

alienable lands.alienable lands.




I ndustrial, commercial or I ndustrial, commercial or

residential residential

may be transferred or may be transferred or conveyed to foreignconveyed to foreign

individuals or corporationsindividuals or corporations

with foreign ownershipwith foreign ownership




yParliament shall define the

conditions for ownership of

allowable lands by foreignindividuals and by corporations with

foreign ownership.




The State shall protect the rights of The State shall protect the rights of

indigenous peoples to their ancestral landsindigenous peoples to their ancestral landsto ensure their economic, social and to ensure their economic, social and

cultural well cultural well--being being




Parliament may allow foreignParliament may allow foreign

ownership in ADVER T I S INGownership in ADVER T I S ING

and in M A

SS M EDIA

and in M A

SS M EDIA

in recognition of globalization of in recognition of globalization of

information, and of capital information, and of capital

needed to achieve international needed to achieve international standards for operation .standards for operation .




Lifting of Restrictions for Lifting of Restrictions for

LARGE SCALELARGE SCALEPUBLIC UITILITIESPUBLIC UITILITIES




Liberalization in the Ownership

TERTIARYL

EVEL

Educational Institutions




National Economy National Economy





Preferential use of Filipino labor, domestic Preferential use of Filipino labor, domestic

materials and locally produced goods and materials and locally produced goods and

adopt measures that will make themadopt measures that will make them

competitive.competitive.





Promote sustained development of SM E¶ sPromote sustained development of SM E¶ s

Filipino scientists, inventors, high level Filipino scientists, inventors, high level

technical and skilled manpower technical and skilled manpower





The practice of all professionals in theThe practice of all professionals in the

Philippines shall be limited to Filipinos,Philippines shall be limited to Filipinos,

save in cases prescribed by law.save in cases prescribed by law.




PEOPLE POWERPEOPLE POWERChange the Constitution Now!Change the Constitution Now!

4economic liberalization ver4

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