Our paper aims to 'disabuse the public of the notion that any and all forms of FDIs will be good for national development and a net contribution to economic welfare and efficiency.' Politicians, take heed.
Almost two dozen faculty members of the University of the Philippines School of Economics have urged President Marcos to reconsider the final approval of the bill creating the Maharlika Investment Fund, saying it poses “serious risks” to the country’s economy and public sector.