Charter change and the common good

BusinessWorld B-Side

With every change of administration comes the question of what needs to change and what needs to be retained. B-Side takes a look back at how the 1987 Philippine Constitution was drafted with Bernardo M. Villegas, an economist and one of its framers, who speaks to BusinessWorld reporter Patricia B. Mirasol about foreign ownership liberalization, the additional factors driving foreign direct investments, and the key area the next administration needs to focus on.

“Except for vital issues like the right to life and the family as a foundation of society, all other issues are debatable and should not be enshrined in the constitution,” Mr. Villegas said in response to possible drawbacks to the recent constitutional amendments pertaining to foreign ownership and liberalization.

Recorded remotely in April 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.