Dr. Bernardo Villegas

Dire need for FDIs Part 3

The second assertion of the UP Paper reflects how academicians can sometimes be living in an ivory tower. It posits that removing foreign equity restrictions is the least significant variable in increasing foreign investment. Hence, it’s nice, but there is no need for it.

Dire need for FDIs Part 2

Despite the very obvious dire need of the Philippines for Foreign Direct Investments (FDIs) in the light of the very scarce long-term capital available domestically because of our very low domestic savings rate and our high debt-to-GDP ratio, we still hear voices that echo President Quezon’s infamous words.

Dire Need for FDIs Part  1

A recent article in the Financial Times by A. Anantha Lakshmi reported that the Philippines is pressing the U.S. (and Japan, I may add) to boost trade and investment in the country as escalating tensions between Manila and Beijing spark fears of a broader economic fallout.  

The divorce bill is unconstitutional Part 4

Assuming that practicing Catholics who want to remain faithful to their religion are the only ones who have continued reading this article, let me end this series by pointing out that when they received the Sacrament of Matrimony, Catholic couples were conscious that they were responding to a calling directly from God, to a vocation. 

The divorce bill is unconstitutional

Up until now, the arguments against divorce have been based on empirical scientific findings.  There has been no reference to religious doctrine or beliefs. On non-religious grounds alone, we can show that absolute divorce is bad for society as a whole, whatever the predominant religion.