Tag: labor

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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‘More on ‘endo’ and employment’

October 28, 2016

CROSSROADS (Toward Philippine Economic and Social Progress) By Gerardo P. Sicat (Philippine Star) October 19, 2016   Removal of “endo,” or contractualization, is not as simple as proponents want it to be. It has major implications on the employment situation and, hence, on poverty. Some workers who are normally working under the current labor contractual […]

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“Endo, wages, poverty and employment-labor market issues”

October 28, 2016

CROSSROADS (Toward Philippine Economic and Social Progress) By Gerardo P. Sicat (Philippine Star) October 12, 2016   Upon his election to the presidency, President Rodrigo Duterte promised to get rid of “contractualization,” the practice of short term employment contracts and labor outsourcing that has become a tool for supplying labor services to enterprises within the […]

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‘Options to improve labor market policies and mulitply the ‘good’ jobs’ — Part II

June 23, 2016

CROSSROADS (Toward Philippine Economic and Social Progress) by Gerardo P. Sicat (The Philippine Star) June 22, 2016   In last week’s column, I presented the discouraging aspects of employment generation in the country using a recent World Bank analysis of the problem. If these facts are recognized at the start of a new president’s term, […]

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Employment market policies under the incoming Duterte government

June 7, 2016

Gerardo P. Sicat (The Philippine Star) June 1, 2016   Employment creation is the most effective weapon against poverty eradication. There are very hopeful signs that the incoming government of president-elect Duterte will move well on this front. However, the practice of contractualization, which president-elect Duterte wants abolished, requires a broader study of the inconsistencies […]

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Think sensibly, amend the Labor Code

June 7, 2016

LIKE IT IS by Peter Wallace (Philippine Daily Inquirer) June 2, 2016   It’s easy to say, “Let’s stop contractualization.” But I wonder how many people know what that requires. It’s not the “5-5-5” arrangement of contractualization that’s the problem, it’s the abuse of it. And it’s the abuse that needs to be stopped, not […]

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Five arrows for the next President

June 23, 2015

Introspective by Calixto V. Chikiamco (Business World) June 21, 2015   When Japanese Prime Minister Shinzo Abe took power in December 2012, he promised three arrows to cure the ailing Japanese economy. The three arrows are: (a) a monetary policy characterized by quantitative easing; (b) a fiscal policy characterized by robust fiscal spending while at […]

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Categories: Calixto Chikiamco / Investment / Opinion / P-NOY

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Is there any progress in real wages?

March 23, 2015

Social Climate By Mahar Mangahas (The Philippine Daily Inquirer) March 21, 2015   The title of this piece has a question mark due to the near-absence of data by which to determine how real wages—i.e., adjusted for inflation—are changing, if at all, over time. The scarcity of data on real wages contrasts with the abundance […]

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Categories: Mahar Mangahas / Opinion

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Roundtable Discussion on the Economy on the Occasion of the Launching of Dr. Sicat’s Book

November 2, 2013

“…we economists must increasingly engage in politics because the ultimate binding constraint is politics. This isn’t economic imperialism, just political economy.”

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Categories: Calixto Chikiamco / Economics / Gerardo Sicat / News / P-NOY

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The Philippine ‘labor surplus’ story

August 7, 2013

Crossroads (Toward Philippine Economic and Social Progress) by Gerardo P. Sicat (The Philippine Star) August 7, 2013   As discussed in last week’s column, the impressive economic growth of East Asian countries like Japan, China, South Korea, Taiwan, Hong Kong and the three ASEAN countries of Thailand, Singapore, and Indonesia could be explained by the […]

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