OPINION | Guidebook for the next administration [Human Side Of Economics By Bernardo M. Villegas] READ:
A Guide to Economics for Filipinos
As mentioned in the Foreword written by banker Francis Sebastian , one generation from now — the decade spanning 2040 to 2050 — the Philippines will attain an annual per capita income of more than $12,000 in today’s prices which will bring its economy to the high-income level from the upper-middle-income status in which we will find ourselves in 2024, as recently announced by the Secretary of Economic Planning, Arsenio Balicasan.
That is why, although the book is mainly on economics, the first chapter is replete with articles about fundamental philosophical, moral, and theological truths in which should be rooted authentic integral human development. As we increase the amounts of goods and services available to every individual or society, we must also grow in truth, justice, peace, charity, respect for life and the family, etc.
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