Philippines in the UNSC Strategy to foster the increase in foreign aid

Philippines in Philippines in the UNSCthe UNSC

Strategy to foster the increase in foreign aid

INCREASING FOREIGN INCREASING FOREIGN AIDAID

1.Repair the damage caused by the Typhoon Megi

o Estimated cost: $176 MM

2.Continue the development of services industry without the need of raising taxes

RecommendationRecommendation

Push forward Philippines candidacy for a temporary seat in

the UNSC

Becoming a temporary member of the UNSC:

• increases the probability of receiving aid• Increases the amount of aid received

LogicLogic• “Bargain” with the permanent members of the UNSC

• Permanent members value international support = Legitimacy

• We value economic development

• “Sell out” our votes o increase in bilateral aido Increase international financial institutions’ loans to

the Philippines

Potential

153

+59%

Potential

1.5 +24%

2009

96

US bilateral grants ($ MM)

2009

1.2

Asian DB loans ($ BN)

Potential

45

+105

%

2009

22

Particip. in IMF progr. (%)

ProposalProposalChina United States