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An article published in the July 26, 2018 issue of BusinessWorld shows an indicator of preparedness of the country’s regions in light of the current administration’s cornerstone of shifting the form of government to federalism. Since the federal form of government grants fiscal autonomy to local governments, some economic experts are concerned that some regions may be ill-prepared for such autonomy. A region’s self-sufficiency is indicated by its reliance on Internal Revenue Allotment (IRA) - the local government unit’s (LGUs) share of the national government’s revenue.

An article published in the May 18-19, 2018 issue of Business World entitled “PHL leads Asia Pacific on gender equality in work” shows the results of a study done by McKinsey Global Institute (MGI), the research arm of McKinsey & Co. The MGI report says that an equal chance for Filipino women in the workplace and in society could translate into a 7% increase in the country’s economic growth or $40 billion a year by 2025. MGI calculated the Gender Parity Score (GPS) for all Asia Pacific countries based on 15 identified indicators. Ten out of the 15 indicators fall under the category of gender equality in society, namely: unmet need for family planning; maternal mortality; education level; financial inclusion; digital inclusion; legal protection index; political representation; sex ratio at birth; child marriage; and violence against women. The remaining five gender equality indicators under the work category are: labor-force participation; professional and technical jobs; perceived wage gap for similar work; leadership positions; and unpaid care work. The Philippines is the region’s leader when it comes to gender equality in work, having a GPS of 0.73 while the regional average is 0.44. This is a reflection of women’s participation in professional and technical jobs (F/M ratio of 1.42), and in leadership positions (F/M ratio of 0.96) in the country. The Philippines is also said to be the best in Asia-Pacific in terms of education and financial inclusion, having an F/M ratio of 1.00 on both indicators, and near best in the region on sex ratio at birth (1.06 M/F ratio) and child marriage (2% of girls and young women).


An article published in the July 12, 2018 issue of Business World entitled “Philippines ‘below average’ in regional innovation ranking” shows the rankings of 126 economies based on the annual report of the Cornell University, INSEAD and the World Intellectual Property Organization (WIPO). According to the report the Philippines maintained its ranking at 73rd place in the 2018 Global Innovation Index (GII), being described as “below average” for ranking 9th among the 30 lower-middle-income countries included in the index and for being in the 13th place among 15 countries in Southeast Asia and Oceania. The Top 10 economies in the 2018 GII are: (1st) Switzerland, (2nd) Netherlands, (3rd) Sweden, (4th) United Kingdom, (5th) Singapore, (6th) USA, (7th) Finland, (8th) Denmark, (9th) Germany, and (10th) Ireland. Meanwhile, the rankings of the ASEAN countries are: (5th) Singapore, (35th) Malaysia, (44th) Thailand, (45th) Vietnam, (67th) Brunei, (73rd) Philippines, (85th) Indonesia, and (98th) Cambodia.


An article published on July 31, 2018 in Business World Online entitled “How reliant is the Philippines on renewable energy?” showed the reliability of the Philippines on renewable energy.


An article published in the May 23, 2018 issue of Business World entitled “Which Philippine Regions Import/Export More?” shows the trade balance of the country’s different regions for the period Q4 2016 and Q4 2017. It also states that the domestic trade report, based on cargo manifests and airway bills, showed at least 99% of commodities in value passed through the country’s sea ports.