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Calixto Chikiamco

Where’s the Human Resource Strategy?

May 23, 2017

INTROSPECTIVE by Calixto Chikiamco Business World | May 22, 2017 One thing I’ve learned as an entrepreneur is that running an organization is 90% human resources. By that I mean people decisions and people management are keys to success. Although there are plenty of business books hyping the importance of strategy, it’s not the key to […]

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Ending ‘endo’ and the logic of collective action

November 7, 2016

INTROSPECTIVE by Calixto V. Chikiamco (Business World) November 7, 2016   The late political economist Mancur Olson taught us that concentrated interests lord it over dispersed interests, i.e. the noisy organized few can prevail over the unorganized, silent many. Why is this so? If the benefit to an organized few is large but the costs […]

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Change and uncertainty under Duterte

September 6, 2016

INTROSPECTIVE by Calixto Chikiamco (Business World) September 5, 2016   What’s the difference between risk and uncertainty? According to economists, risk is the known unknown; uncertainty is the unknown unknown. Put it in another way, risk is measurable while uncertainty is unmeasurable. To a bank, liquidity risk or the risk that it will run out […]

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What Agriculture Needs is Property Rights Reform

July 11, 2016

INTROSPECTIVE by Calixto V. Chikiamco (Business World Online) July 11, 2016   Number four in President Duterte’s 10-point economic agenda is to “provide support services to small farmers to increase productivity and improve market access. Provide irrigation and better support services to farmers.” Agriculture Secretary Manny Piñol has said that to implement President Duterte’s directive […]

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Duterte’s coming reality check

June 14, 2016

INTROSPECTIVE by Calixto Chikiamco (Business World Online) June 14, 2016   I’m not perturbed at the stream of consciousness rants of President-elect Duterte against the Catholic hierarchy, media, the judiciary, the BIR, Customs, government officials on the take from drug lords, and most everything else. To my mind, he’s only venting the people’s frustrations at […]

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A vote for systemic change

May 16, 2016

INTROSPECTIVE by Calixto V. Chikiamco (Business World Online) May 15, 2016   The electoral victory of Davao City Mayor and presidential candidate Rodrigo Duterte can’t be interpreted anything else other than as a vote for systemic change. Not just change, but systemic, radical change. It certainly wasn’t a vote for continuity. Mar Roxas, who ran […]

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Uberized!

April 18, 2016

INTROSPECTIVE by Calixto V. Chikiamco (Business World Online) April 17, 2016   I was asked recently to talk to a group of stock market investors about my take on the coming presidential elections and how the results may affect the economy and the market. I assured my audience that good fundamentals are in place: robust […]

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Government is the problem

March 23, 2016

INTROSPECTIVE by Calixto V. Chikiamco (Business World Online) March 20, 2016   When I hear candidates say that when they are elected, the government will do this and will do that, I laugh. For example, on the problem of low agricultural productivity and rural poverty, we hear that the solutions proposed by candidates are for […]

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The world’s primary economic problem

February 22, 2016

Introspective by Calixto V. Chikiamco (Business World) February 21, 2016   What is the world’s primary economic problem presently? It’s the excess of savings over investment, supply over demand. We can see this problem manifested in deflation, falling and very low oil and commodity prices, and nearly zero (in some cases, negative) interest rates. The problem […]

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Civil registration for inclusive growth

January 2, 2016

Introspective by Calixto V. Chikiamco (Business World) December 27, 2015   It didn’t dawn on me that civil registration is an inclusive growth issue until our family driver wanted to retire from the Social Security System (SSS). Our driver, who had a long-time partner with whom he had children but whom he never married, wanted […]

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