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By VJ Bianca and VJ Iya
Government was, reduced to a managerial function in the service of foreign creditors and giant multinational interests. To comply with its WTO commitments, the government changed 40 laws and regulations without regard for the basis of their existence, their possible consequences, or a careful long-term plan
Our country prior to joining the WTO was still trying to recover from the ravages of a twenty-year dictatorship The opportunity for reforms after the 1986 People Power uprising was wasted because government chose to uphold the same pro-U.S. policies of COLONIAL GLOBALIZATION.