Economics Department holds intl webinar on investment, post-pandemic recovery plans

As part of the Faculty of Arts and Letters’ (AB) 125th anniversary, the Department of Economics organized the 6th Economic Outlook webinar titled, “The Global Outlook: Building a stronger economic partnership with the Philippines through foreign direct investments in major industries and the role of the academe.”
The webinar discussed how foreign investors can forge stronger economic ties with the Philippines through direct investments in major industries and the crucial role of the academe in this matter.

“Now that we are entering the third year of the pandemic, creating economic recovery and growth after COVID-19 is a direction we are all hoping to take,” said AB Dean Prof. Marilu R. Madrunio, Ph.D., in her opening remarks, adding that “The government should be able to anticipate and prepare for public health crises in any form. Thus, economic recovery should be part of the agenda to enable the government to take the road to economic expansion, which affects the education and healthcare domains.”

Sharing their valuable insights on how the Philippines can recover from its present slump were three guest speakers, labor economist Dr. Alfredo R. Paloyo of the University of Wollongong, Australia, who tackled “The Post-Pandemic Recovery through a Gender Lens”; Mr. John Forbes, Senior Advisor of the Arangkada Philippines Project of the American Chamber of Commerce in the Philippines, who shared about the “Arangkada Project and the Future of Foreign Investment in the Philippines”; and Mr. Chris Nelson, Executive Director/Trustee of the British Chamber of Commerce Philippines, who discussed “Investment Outlook After a Global Pandemic”.
The webinar was publicly live streamed on the UST Artlets Economics Society Facebook page.

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