Preview

The Economy

Better Essays
Open Document
Open Document
17107 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Economy
NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY
The National Economic and Development Authority (Filipino: Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad), abbreviated asNEDA, is an independent cabinet-level agency of the Philippine government responsible for economic development and planning. It is headed by the President of the Philippines as chairman of the NEDA board, with the Secretary of Socio-Economic Planning, concurrently NEDA Director-General, as vice-chairman. A number of Cabinet members, the Governor of the Central Bank, the Chairman of the Metropolitan Manila Development Authority, the Governor of the Autonomous Region in Muslim Mindanao, the Chairman of the Commission on Information and Communications Technology, the Chairman of the Subic-Clark Area Development Corporation, and the National President of the Union of Local Authorities of the Philippines are members of the NEDA Board.
The present Director-General is Dr. Arsenio Balisacan of the University of the Philippines School of Economics.

History
The NEDA was established in 1973 with Dr. Gerardo Sicat as its first director general. With the exception of Sicat, the Prime Minister of the Philippines was usually the head of the agency before the First People Power Revolution. President Corazon C. Aquino re-organized the NEDA into its present form (see below) and appointed Winnie Monsod as its first director-general after EDSA I

List of NEDA Director-Generals

Name | Term Began | Term Ended | President | Third Republic of the Philippines | Sixto K. Roxas III | 1963 (NEC) | 1964 (NEC) | Diosdado Macapagal | Hilarion M. Hinares | 1965 (NEC) | | Ferdinand Marcos | Fourth Republic of the Philippines | Gerardo Sicat | 1970-1973 (NEC), 1973 (NEDA) | 1981 (NEDA) | Ferdinand Marcos | Placido Mapa, Jr. | 1970 (NEC), 1981 (NEDA) | 1983 (NEDA) | Ferdinand Marcos | Cesar Virata[2] | 1983 | | Ferdinand Marcos | Vicente Valdepeñas, Jr. | 1983 | 1986 | Ferdinand Marcos | Fifth
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Economics
    • 718 Words
    • 3 Pages

    Economics

    Name_________________________________ InelasticPartnershipCorporationSole ProprietorshipMonopolyOligopolySurplusShortageIncentiveWagner Act of 1935Collective BargainingBoycottAntitrustGross National Product (GNP)EquilibriumFree Enterprise SystemEntitlementsFiscal policyMonetary PolicyConsumer Price IndexEquilibrium PriceComplementsEffective Demand-…

    • 718 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Langer Rodin 1976 Article Review
    • 1146 Words
    • 2 Pages

    Langer Rodin 1976 Article Review

    member of the African Development Bank's High Level Panel and a Board member of the…

    • 1146 Words
    • 2 Pages
    Powerful Essays
    Read More
  • Better Essays

    The Great Recession
    • 2033 Words
    • 9 Pages

    The Great Recession

    When everyone thinks of a recession they think of the great 1930’s depression and the causes of it. However, just recently back in 2008 the United States also felt the effects of a recession that still lingers today. A recession is defined as a significant decline in activity across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP). With this definition we see that in half a year we could falter into a recession at any time. So what caused the recession of 2008? First we have to look at when it started…

    • 2033 Words
    • 9 Pages
    Better Essays
    Read More
  • Good Essays

    The Great Recession
    • 2049 Words
    • 9 Pages

    The Great Recession

    A) The United States of America is the largest and still the most important market in the world. But it did crash a couple of years ago and it’s now trying to recover from this. The Gross Domestic Product (GDP) is usually a quite good indicator of the standards of living of a country. It can be measured in two ways: The total expenditure on goods and services or by the total of income earned by producing goods and services. The actual GDP of the United States is 14 62 trillions of US dollars, that is a growth of 2.7% from last year. But to have a better idea of the standard of living of a country, it is more relevant to take a look at the GDP per Habitat, which is 47, 400$. The GDP growth is 3.1% now so it’s higher than the inflation rate. And if we take a look at the past two years, the GDP growth was always positive so the government were quite successful in this domain.…

    • 2049 Words
    • 9 Pages
    Good Essays
    Read More
  • Powerful Essays

    New Life Style Association - Strategic Planning
    • 5862 Words
    • 24 Pages

    New Life Style Association - Strategic Planning

    According to their web page NLSA started its operations 14 years ago. In 2009, the new president, Tünde Varga was put in charge. New Life Style Association has been moving towards new directions and has been developing new plans for the future. The organization now has 16 members. All the members have different specialties, including midwife, social worker, teacher, information technologist, mental hygiene specialist, nurse, nutritionist, tourism manager, pedagogic, reflexologies, social security consultant, economist and psychologist.…

    • 5862 Words
    • 24 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    The Great Recession
    • 665 Words
    • 3 Pages

    The Great Recession

    If I had to choose on even that will have significance in my life it would have to be “The Great Recession”. The economic turmoil that started in early 2008 by the fall of Bearn Stern the 4th largest Investment Banking firm in the U.S. followed by the collapse of Leman Brothers in September of 2008 has led to the worst recession since the World War II and has been called The Great Recession. Being 31 years old and having witnessed recessions before as well as transformation of our economic system to service sector over the years from manufacturing as well as outsourcing of millions of job, I personally think this recession will have significant impact in our country in respect to our economic policies, political reform, historical implications, diplomatic matters with our trading partners, and also sociological and psychological effects as well.…

    • 665 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    The Economy
    • 15851 Words
    • 64 Pages

    The Economy

    Which single company accounted for 25 percent of all the growth in U.S. economic output during the second half of the 1990s?…

    • 15851 Words
    • 64 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Economics
    • 5343 Words
    • 23 Pages

    Economics

    See how economics can be understood as a game with rules that is played by people with different roles.…

    • 5343 Words
    • 23 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    The Current State of the Economy
    • 818 Words
    • 4 Pages

    The Current State of the Economy

    Another way to know the state of the economy is by looking at the current unemployment rate. A high…

    • 818 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    The US Economy
    • 1680 Words
    • 7 Pages

    The US Economy

    The United States has one of the world’s largest economy. The GDP is valued at $17.914 trillion dollars! (World Bank)2 So how can one of the world’s largest economies belong to a country that has an increasing gap between rich and poor? Simple, the way it is run! The US government has lost control of and has virtually stopped regulating our economy. We have allowed our jobs to be outsourced in the name of profit. Politicians have allowed big business to run not only our economy, but our government. According to PBS1, only 1% of the population controls most of the wealth in America. The result is a corrupt government that resembles an Oligarchy where the rich get richer and the poor stay poor. This problem needs to be addressed at its source…

    • 1680 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Jose Diokno Brief Biography
    • 1419 Words
    • 6 Pages

    Jose Diokno Brief Biography

    As chairman of the economic affairs committee in the Senate, Diokno advocated and worked for the passage of pro-Filipino legislations, like the Industrial Incentives Law, which provides incentives to Filipino investors and entrepreneurs in order to place the control of the Philippine economy in the hands of the Filipinos.…

    • 1419 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Carlos Garcia Administration
    • 414 Words
    • 2 Pages

    Carlos Garcia Administration

    * Bohlen–Serrano Agreement. It shortened the lease of the US Bases from 99 years to 25 years and made it renewable after every five years.…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Epira
    • 4306 Words
    • 18 Pages

    Epira

    Philippine energy and electrification is a national concern. It is the National Government’s duty, responsibility and obligation. This was the primary purpose of Presidential Decree No. 40 (Establishing Basic Policies for the Electric Power Industry) which took effect in 1972. This same PD founded the National Power Corporation (Napocor) as the implementing agency of the state. Napocor acted as the regulator body providing permits to operate to cooperatives, private utilities ad local governments, and other entities. Its main task is to attain total electrification through a series of linked-up generation facilities and power distribution centers.…

    • 4306 Words
    • 18 Pages
    Better Essays
    Read More
  • Powerful Essays

    Our Economy
    • 15046 Words
    • 61 Pages

    Our Economy

    In 1995, the Central Bank of Belize sponsored a weekly radio programme series entitled "Understanding Our Economy". The programme formed part of the Bank's on-going effort to promote a greater understanding, by the general public, of economic and financial matters. The programme was aired on Tuesdays from 8:00-9:00 p.m. on Radio Belize Gold, during the period JuneDecember 1995. The topics raised in the programme formed the basis for the information contained in this publication. The Central Bank of Belize wishes to thank all those persons who contributed to the success of the radio programme. The following persons deserve a special mention: Mr. Dennis Jones for his role as moderator, Dr. Carla Barnett, the then Deputy Governor of the Bank, and Mrs. Yvette Alvarez, the then Senior Manager, at the Research Department of the Bank, for being regular panelists. Contributions by special guests on the programmes and the interest exhibited by the public were very much appreciated. They all helped to make the…

    • 15046 Words
    • 61 Pages
    Powerful Essays
    Read More
  • Good Essays

    historical events
    • 347 Words
    • 2 Pages

    historical events

    94. Oath-taking of Corazon C. Aquino, the senator’s widow, and Salvador H. Laurel as President and Vice-President of the Philippines. February 25, 1986. They were sworn into office after the snap elections.…

    • 347 Words
    • 2 Pages
    Good Essays
    Read More

Related Topics