Thoughts about our Economy and the State of the World
I attended the Center for Research and Communication’s (CRC) 1967 – 1990 homecoming last February 22, 2025. And it was so great to see friends, batchmates, and the country’s leading economists in one venue! The highlight of the event, of course was listening to the messages of two of the founders of CRC – Jesus “Jess” Estanislao and Bernardo “Bernie” Villegas. They brought up very interesting points for reflection of the economic situation of the Philippines (and the world), which we all could learn a lot from. Let me share with you some snippets of their messages. *** From Jess Estanislao’s Message to the CRC (Jess Estanislao is a Filipino economist, and the Secretary of Finance of the Philippines during the time of President Corazon Aquino). “But we