• 00:00    |    
    Initial credits
  • 00:06    |    
    Introduction
  • 00:15    |    
    Protectionist policies from Latin America
  • 00:49    |    
    Presidents Ferdinand Marcos and Corazon Aquino
  • 03:06    |    
    Deregulation and privatization under President Fidel Ramos
  • 03:54.5    |    
    Impact of the new reforms in the Philippines
  • 04:07    |    
    Build-operate-transfer approach to power generation
  • 05:58    |    
    Consequences of inward-looking import substitution approach
  • Public-private partnerships for infrastructure
  • 07:24    |    
    What have you learned at the Antigua Forum?
  • 10:13    |    
    Final credits


Rescuing the Philippines

Bernardo Villegas explains how the Philippines became the "sick man of Asia” after adopting what he refers to as the Latin American formula for economic disaster. He briefly explains the protectionist policies that prevailed during several administrations as well as the positive impact of deregulation and privatization under President Fidel Ramos in the 1990s. Villegas also examines the role of public-private partnerships for building much needed infrastructure in the country’s rural areas.

This video has been made possible thanks to support from the John Templeton Foundation, Global Philanthropic Trust, and the Earhart Foundation.

This interview was recorded as part of The Antigua Forum 2012 gathering.

Visit the complete Antigua Forum interview series.
 
Visit the website for the Antigua Forum project.
 

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