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Trade lib ideas outmoded, says Ibon

by
Apr 26, 2009

Changing the charters economic provisions to further open up the country to foreign investment and capital will further weaken the Philippine economy. It will worsen joblessness, undermine long-term growth, and strip the country of our natural resources as foreign corporations and local counterparts continue plundering the countrys mineral, forestry and marine resources. Opening up land to foreign ownership will drive land prices up and displace our small peasant farmers. Land inequities, land monopolies and rural unemployment will worsen. Read on