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 For that reason, it rendered some of the economic provisions found in the 1987 Constitution outdated.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
Language
English
Format
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
Recommended Citation
Medalla, S. C., & Yap, M. T. (2012). The antiquated provision: Protectionism on public utilities. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/5384
Embargo Period
4-25-2021
Note