The antiquated provision: Protectionism on public utilities

Date of Publication

2012

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Legal Management

Subject Categories

Business Law, Public Responsibility, and Ethics | Commercial Law

College

Ramon V. Del Rosario College of Business

Department/Unit

Commercial Law

Thesis Adviser

Mark Kristopher G. Tolentino

Defense Panel Member

James Keith C. Heffron
Rex Enrico V. Cruz
Marisa M. Buenagua

Abstract/Summary

During the late 20th century, the Philippines have concurred with the new trend globalization in its economy. It entered the global economy unprepared it has failed to assemble a policy that would have made it successful or competent in a global sense.

Since 1935, the constitution has been constantly modified to meet the changing demands of the present-day situation and twenty-five years has passed since the last revisions of the 1987 Philippine Constitution. The Philippines failed to implement policies that would prepare the country for global competitiveness. For that reason, it rendered some of the economic provisions found in the 1987 Constitution outdated.

Such issue on amending the economic provisions has been raised several times since the presidency of Fidel V. Ramos until the present. They alleged that the 60-40 equity ratio hinders more foreign investors in the country and thus, hinders the country's economic growth as well. If such economic provision would be amended, it could possibly provide more employment for the Filipinos and would provide sufficient capital that would lead to the country's economic growth and global competitiveness.

Abstract Format

html

Note


Language

English

Format

Print

Accession Number

TU19654

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

[67, 10] unnumbered leaves, 28 cm.

Keywords

Investments, Foreign—Law and legislation--Philippines; Philippines--Economic policy

Embargo Period

4-25-2021

This document is currently not available here.

Share

COinS