GMA should listen to FTA

Columnist Julius Fortuna of Manila Times said PGMA should listen to FTA. In his ‘East and West’ column, Fortuna wrote:

The Fair Trade Alliance (FTA) held a conference on Tuesday at the Club Filipino to come up with certain recommendations to the President about the economy. Implement nationalist policies—is what this group is suggesting to GMA.

I notice that the suggestions of Mr. Tañada are really scaled down, compared to the economic positions of the nationalist movement of the 60s and 70s. But it seems that the earlier ideas have become so “radical” in the face of the government’s almost total adherence to globalization and unhindered free trade.

Tañada’s reform ideas include fair trade, tariff reforms, building of the nation’s productive capacity, how to resolve the debt crisis and promote industrialization. The ideas of FTA run counter to the instinct of government where every little or big crisis is resolved by opening the economy wider for foreigners.

I wonder if the President really believes in total adherence to globalization or if she has just been set up by her free-trade ideologue friends. Some observers say she might just opt one day to become like his father—who became an exponent of industrialization later in life. Let us see how she fares in the last three years of her term.

Kudos to Mr. Fortuna for featuring FairTrade on his column. It seems we just have to wait and see whether GMA’s policies  in the last three years of her term will be inclined in developing our local industries. After all, in one FairTrade dialogue with GMA, she religiously said that she is not married to ‘unbridled liberalization.’

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