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DuterteNomics
DuterteNomics is a catch-all term referring to the socioeconomic policies of Rodrigo Duterte, the 16th president of the Philippines. A significant part of these policies include the development of infrastructure and industries in the Philippines. Background Finance Secretary Carlos Dominguez III has said that the government required what he describes as an "audacious" economic strategy in order for the Philippines to "catch up with its more vibrant neighbors" by 2022 and help it achieve high-income economy status within a generation. The term ''DuterteNomics'' was coined to describe the economic policy of the Duterte administration. The term also refers to the series of forums where Duterte's economic team pitches the administration's plan to help the country become a high-middle-income economy by 2022. The policy was unveiled on April 18, 2017, by the Department of Finance and the Presidential Communications Operations Office (PCOO), in cooperation with the Center for Strate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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DuterteNomics is a catch-all term referring to the socioeconomic policies of Rodrigo Duterte, the 16th president of the Philippines. A significant part of these policies include the development of infrastructure and industries in the Philippines. Background Finance Secretary Carlos Dominguez III has said that the government required what he describes as an "audacious" economic strategy in order for the Philippines to "catch up with its more vibrant neighbors" by 2022 and help it achieve high-income economy status within a generation. The term ''DuterteNomics'' was coined to describe the economic policy of the Duterte administration. The term also refers to the series of forums where Duterte's economic team pitches the administration's plan to help the country become a high-middle-income economy by 2022. The policy was unveiled on April 18, 2017, by the Department of Finance and the Presidential Communications Operations Office (PCOO), in cooperation with the Center for Strate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rodrigo Duterte
Rodrigo Roa Duterte (, ; born March 28, 1945), also known as Digong, Rody, and by the initials DU30 and PRRD, is a Filipino lawyer and politician who served as the 16th president of the Philippines from 2016 to 2022. He is the chairperson of PDP–Laban, the ruling political party in the Philippines during his presidency. Duterte is the first president of the Philippines to be from Mindanao, and is the oldest person to assume office, beginning his term at age 71. Born in Maasin, Leyte (now in Southern Leyte), Duterte moved to Davao as a child where his father, Vicente Duterte, served as provincial governor. He studied political science at the Lyceum of the Philippines University, graduating in 1968, before obtaining a law degree from San Beda College of Law in 1972. He then worked as a lawyer and was a prosecutor for Davao City, before becoming vice mayor and, subsequently, mayor of the city in the wake of the 1986 People Power Revolution. Duterte won seven terms and s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Dominguez III
Carlos "Sonny" García Domínguez III (born September 16, 1945) is a Filipino businessman and former chief executive of Philippine Airlines who served as the Secretary of Finance under the Duterte administration. He had previously held the position of Secretary of Agriculture and Minister of Natural Resources under the Corazon Aquino administration. Prior to his appointment to President Duterte's Cabinet, he had served as executive director of PTFC Redevelopment Corp., as independent director of Alsons Consolidated Resources, and as director of United Paragon Mining Corp. His family owns Marco Polo Hotel in Davao City, one of the top hotels in southern Mindanao. Early life and education Domínguez comes from a prominent Zamboangueño family in Davao City. Born on September 16, 1945, in Zamboanga, he is the son of Carlos Domínguez II and Virginia Ubeda García. His grandfather Carlos Domínguez Sr. was a pre-World War II manager of the Bank of the Philippine Islands (BPI) in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AmBisyon Natin 2040
AmBisyon Natin 2040 (literally "Our Ambition 2040") is the twenty-five-year long term vision developed by the Philippine government as a guide for development planning. It is designed to overcome the challenges brought by the Philippines' current political system, which is bound to the limits of the country's six-year presidential terms. Conceived by the senior government officials before the 2016 Philippine presidential election, it was picked up by the Duterte administration and put into force by Executive Order No. 5, series of 2016. See also * DuterteNomics DuterteNomics is a catch-all term referring to the socioeconomic policies of Rodrigo Duterte, the 16th president of the Philippines. A significant part of these policies include the development of infrastructure and industries in the Philippin ... References {{Philippines-stub Government of the Philippines Philipines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metro Manila Dream Plan
The Metro Manila Dream Plan, formally titled the Roadmap for Transport Infrastructure Development for Metro Manila and Its Surrounding Areas, refers to a 2014 integrated plan for improving the transport system in Metro Manila, Philippines, with the hope of turning it into a focal point for addressing Metro Manila's interlinked problems in the areas of transportation, land use, and environment. The Metro Manila Dream Plan is a short- to long-term strategy (2016, 2020, and 2030 milestones) whose objective is to formulate a transportation infrastructure roadmap for the sustainable development of Metro Manila and its surrounding areas Regions III and IV-A (also known as "Mega Manila" or "Greater Metro Manila"). Under President Benigno Aquino III's leadership of the National Economic Development Authority (NEDA), the study was done from 2013 to 2014 with a grant from the Japan International Cooperation Agency (JICA) in cooperation with the Department of Transportation and Communication ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Finance (Philippines)
The Department of Finance (DOF; fil, Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public sector debt, and the rationalization, privatization and public accountability of corporations and assets owned, controlled or acquired by the government. History The Department of Finance was established on March 17, 1897, at the same time that the Revolutionary Government was founded in Naic, Cavite. General Baldomero Aguinaldo was appointed Director of Finance by General Emilio Aguinaldo. The Finance Director became the Secretary of the Treasury under the first constitutional republican government, the Biak-na-Bato Republic. In 1901, the Department of Finance and Justice was formally organized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series ''The Apprentice (American TV series), The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Repu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The Philippines
The president of the Philippines ( fil, Pangulo ng Pilipinas, sometimes referred to as ''Presidente ng Pilipinas'') is the head of state, head of government and chief executive of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in-chief of the Armed Forces of the Philippines. The president is directly elected by the people, and is one of only two nationally elected executive officials, the other being the vice president of the Philippines. However, four vice presidents have assumed the presidency without having been elected to the office, by virtue of a president's intra-term death or resignation. Filipinos generally refer to their president as ''pangulo'' or ''presidente'' in their local language. The president is limited to a single six-year term. No one who has served more than four years of a presidential term is allowed to run or serve again. The current president of the Philippines is Bongbong Marcos, who wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abenomics
refers to the economic policies implemented by the Government of Japan led by the Liberal Democratic Party (LDP) since the December 2012 general election. They are named after Shinzō Abe, who served a second stint as Prime Minister of Japan from 2012 to 2020. Abe was the longest-serving prime minister in Japanese history. After Abe resigned in September 2020, his successor, Yoshihide Suga, has stated that his premiership will focus on continuing the policies and goals of the Abe administration, including the Abenomics suite of economic policies. Abenomics is based upon "three arrows:" monetary easing from the Bank of Japan, fiscal stimulus through government spending, and structural reforms. ''The Economist'' characterized the program as a "mix of reflation, government spending and a growth strategy designed to jolt the economy out of suspended animation that has gripped it for more than two decades". During Abe's tenure, the rate of Japan's nominal GDP growth was higher, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2020 Luzon Enhanced Community Quarantine
The enhanced community quarantine in Luzon was a series of stay-at-home orders and ''cordon sanitaire'' measures implemented by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) on the island of Luzon and its associated islands. It is part of the COVID-19 community quarantines in the Philippines, a larger scale of COVID-19 containment measures with varying degrees of strictness. The "enhanced community quarantine" (ECQ) is the strictest of these measures and is effectively a total lockdown. There were three instances of the ECQ being implemented in Luzon. The first ECQ and first MECQ were implemented between March 17 and May 31, 2020. This was announced on March 16, two days after the government of the Philippines under Rodrigo Duterte placed Metro Manila under a "community quarantine" on March 14. It was implemented throughout Luzon from March 17 until May 15, and remained in areas with a moderate to high risk of infection until May 3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale Anthropogenic hazard, anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as monetary policy, incr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Philippines
The economy of the Philippines is the world's 32nd largest economy by nominal GDP according to the International Monetary Fund 2021 and the 12th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand. The Philippines is one of the fastest-growing emerging markets, and the 3rd highest economy in Southeast Asia by nominal GDP, following Thailand and Indonesia. The Philippines is considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more on services and manufacturing. As of 2021, its GDP by purchasing power parity was estimated at $1.47 trillion, the 18th largest in the world. The country's primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Its major trading partners include Japan, China, the United States, Singapore, South Korea, the Netherlands, Hong Kong, German ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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