Addressing the Pandemic in the Philippines Necessitates a New Economic Paradigm

Rodrigo_Duterte_delivers_his_message_to_the_Filipino_community_in_Vietnam_during_a_meeting_on_September_28In his late-night on 6 April, Rodrigo Duterte, the populist President of the Philippines, echoed the affirmation of leaders from rich countries in North America, Europe, and Asia: to do for the economy to survive the pandemic. The problem, however, is that, on his own admission, Duterte is incompetent in economics. His stubbornly is even more problematic when dealing with complex developmental causes and impacts of the coronavirus outbreak.

Yet the Philippine state鈥檚 inadequate institutional capacity to respond to the epidemic goes deeper. Given the national economy鈥檚 position in the hierarchical global economic system, its structural weaknesses impacts on how effective the government鈥檚 response can be. The current mainstream approaches to resolve the pandemic and the multiple crises of capitalism would fail to address the convoluted historical process of maldevelopment of the Philippines. Thus, a radical political strategy with a new economic paradigm for post-pandemic reconstruction is needed.聽聽聽聽Read More »