Friday, April 10, 2009

What's happening, Philippines?, A short talk with Prof. Solita "Winnie" Monsod

Recently, the Real Estate Brokers Association of the Philippines (REBAP) - National Chapter has invited new licensed real estate brokers, current or active members on its first General Meeting and Membership (1st GMM) Assembly held in Sulo Hotel, Diliman, Quezon City which is held quarterly It was a triumphant time for most of the real estate professionals of this organization to gather and share their thoughts, agendas, proposals, plans and other business matters that affect organization, the real estate industry and also the economic issues and global financial crisis that is currently happening .

There was a spark of light in darkness and a glimmer of hope when the invited guest speaker of the day was Professor Solita "Mareng Winnie" Monsod gave this short talk and analysis on what is happening now in the world and the Philippines. Professor Monsod is a well known figure in the media as economist, writer, broadcaster and a professor of economics in the School of Economics in University of the Philippines.

During the talk she presented her analysis on the current situation of how the Philippines is doing in the present financial crisis. Wherein the Philippines was never hit harder compared to the first world countries and neighboring countries with the stimulus package brought about by President Gloria Macapagal-Arroyo's economic planning team in the effort to lessen the impact and keep the country from vulnerability against attacks. Somehow there are good news and bad news laying ahead in this tough times and condition that the ordinary Filipinos can cope up and adapt in a belt tightening mode. I adapted some of the notes I have jotted down including the slides used in the presentation.

Below is the summarized slideshow presentation (in adapted from Prof. Winnie Monsod's presentation as a guest speaker in last month.

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