University of Hawai'i at Manoa

The New Growth Drivers in the Philippine Economy:
Impact on Philippine Politics

David Llorito

About the Lecture

More than 60 percent of the country's GDP are now accounted for by remittances, electronics and semiconductors and cyberservices whose imperatives are determined largely by global events. Somehow, this has led to the "decoupling," albeit partially, of the economy's growth prospects from the country's rambunctious politics. The economy has been growing quite decently (5-6 percent in the last four years) despite all the political noises. Antigovernment forces are finding it hard to mobilize warm bodies for decisive political action. It seems that the middle and lower middle classes who were the major players in the two Edsa uprisings are now the major beneficiaries of the new economic growth drivers, thus providing a semblance of stability in the Philippines.

David Llorito has almost two decades of productive work in socioeconomic research; economic and business journalism; communications/information diessemination; social assessment; and policy analysis and advocacy in agricultural, environmental, and urban policy issues. He is the head of the research section of the Philippine Business Daily Mirror Publishing, Inc. since Oct. 2005. He also writes for Asia Times (an online magazine based in Hong Kong) on economic issues including business process outsourcing, mining and labor migration. Among Llorito’s awards include the 2005 and 2006 Jaime V. Ongpin Awards for Excellence in Journalism, and the 2006 Australian Ambassador’s Choice Awards for his articles on globalization and how it’s transforming labor-management relations. Llorito has a Masters in Urban and Regional Planning from the University of the Philippines and a Bachelor’s in Political Science from Mindanao State University in Marawi City.

Date and Venue: April 30, 2007, Monday, 12:00noon, Moore Hall 319 (Tokioka Room). Free and open to the public.

Sprringn 2007 Colloquium Series of the Center for Philippine Studies. For disability access & other info, please call Clem Montero at 956-6086, or email cps@hawaii.edu.

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