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Why increased investments matter
Manila Bulletin
|June 03, 2025
The much-talked-about midterm elections are over, but political realities still seem to dominate our social media news feed. Of course, the attendant circumstances and political events from January to May 2025 and the election results influenced by these are worth noting, coming as they are without much precedent. Nonetheless, while they are important things needing our attention, other realities of equal importance affect our individual and collective well-being.
The economy, its growth, and how it affects each of us are important. The economy is the space in society where trade, commerce, and livelihoods exist. While textbook definitions teach that it is about allocating scarce resources, the economy is a means to enable people to make their living and thrive in the world. We strive to be a more developed economy so that more participants -producers, traders, and consumerscreate more opportunities for our people and our children.
These participants in an economy, their collective production of goods and services grows the economy, measured in terms such as the Gross Domestic Product (GDP) of a country, or the Gross Regional Domestic Product or GRDP in the case of an administrative region of the Philippines.
Dit verhaal komt uit de June 03, 2025 -editie van Manila Bulletin.
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