Economic Briefing and Investment Opportunities in the Philippines

You are invited to a forum featuring Secretary Ernesto Pernia, PhD, on the Philippine economy, a bright spot in the East Asia-Pacific region. This presentation for investors, academe, policy analysts and others will provide an overview of the Philippines’ fast growing economy, with projected GDP growth of 6.4 percent in 2019 and an annual average of 6-8 percent through 2022. Many factors – an infrastructure agenda BUILD BUILD BUILD with a $160 billion budget, resurging manufacturing sector and strong consumer consumption – underscore a robust economy and offer investment opportunities for American firms. In addition, USG initiatives in support of U.S. business offer new and exciting opportunities. This forum is co-sponsored by US-Philippines Society and the Stimson Center.This event will follow Chatham House Rules.

Featured Speaker:

Dr. Ernesto M. Pernia is the Secretary of Socioeconomic Planning, National Economic and Development Authority, Philippines. He is also Professor Emeritus of Economics, University of the Philippines. Dr. Pernia was Lead Economist at the Asian Development Bank. His work experience covered investment climate and productivity, economic growth and poverty reduction, education and health, population and development, and regional economic cooperation in Asia. He has served as chair of the board of trustees of the University of San Carlos, and a director on the board of the Philippine-American Academy of Science and Engineering. He is a former President of the Philippine Economic Society. He obtained his PhD degree from the University of California Berkeley on a Ford Foundation scholarship. He has been inducted to the Philippine-American Academy of Science and Engineering (PAASE)Hall of Honor as of April 2018. Dr. Pernia has authored several books and articles in national and international journals. He was an occasional contributor of public-interest commentaries in major Philippine and some international dailies.

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