by Gerrich Aldin BABANTO
(L-R Prof. Lady Lou M. D’lonsod, Prof. Martha Joy Abing, Maria Quina Mirasol, Jamimah Macada-ag, Resa Mae Laygan, Benz Louise Genelazo and Mr. Gerrich Aldin Babanto)
Four faculty members from the Economics Department of the College of Business Administration and Accountancy together with four BSBA-Business Economics students participated in the annual Philippine Economic Society Conference held at Novotel Hotel, Araneta Center, Quezon City last November 8, 2017.
(L-R Prof. Aljanet Jandoc from ADMU, Dr. Maria Rizalia Y Teves, Prof Lady Lou D’lonsod, former NEDA Secretary Dr. Arsenio Balisacan, Benz Lousie Genelazo, Resa Mae Laygan and Jamimah Macada-ag)
This year marked the 55th annual meeting and conference of the Philippine Economic Society with the theme “Growing Amidst Risk and Uncertainty.” As the country propel towards achieving its long-term vision commonly known as AmBisyon Natin 2040, the Philippine Development Plan (PDP) 2017 – 2022 was crafted to provide the framework for sustainable development to enable Filipino families to enjoy a matatag ( strongly rooted), maginhawa (comfortable), at panatag na buhay (secure life) by 2040. The PDP is a medium term plan of the economy that aims to build a “ solid foundation for more inclusive growth, high-trust and resilient society, and a globally competitive knowledge economy.” With this, the 55th PES annual meeting and conference was an avenue to discuss issues and challenges that relates to risks and uncertainties that the economy has been facing or will soon be facing by the growing Philippine economy. The event was joined by the National Economic Development Authority (NEDA) Secretary Ernesto M. Pernia, Department of Budget and Management Secretary Benjamin E. Diokno as well representatives from Department of Finance, Bangko Sentral ng Pilipinas, Department of Labor and Employment, Philippine National Statistics Authority to name a few. Other universities also showed their support and were present during the event such as the University of the Philippines- Diliman, University of the Philippines- Los Banos, Ateneo de Manila University, De La Salle University, University of San Carlos, MSU-Marawi and MSU-IIT to name a few.
Professor Martha Joy Abing (shown above left) from the Economics Department of MSU-IIT presented her research paper in one of the event’s parallel session. She presented her paper entitled “ Determinants of the Per Capita Out-of- Pocket Health Expenditure of the 4Ps Families in the Philippines”.
Also, Benz Louise Genelazo*, Jamimah Macada-ag*, Maria Quina Mirasol* (above middle) and Filbert M Tabudlong (not in the picture), senior students of BSBA- Business Economics of the Institute presented their research paper entitled “ Effects of Deforestation on the Risk of Climate Change”. Aside from paper presentation, Resa Mae Laygan (above right) presented their research by poster entitled “ The Effect of Environmental Quality on Philippine Agricultural Productivity” in behalf of the absence of her groupmates Marlou U. Abdul, Sittie Ashia Gani, and Ruhn Johnson Sebial.
The closing keynote speech was given by the Hon. Chief Justice Maria Lourdes P.A. Sereno .