Partnership between the public and private sectors, the main constituents of the economy, is not only logical but seems like a natural institutional arrangement. It can be a symbiotic relationship which brings about mutually beneficial processes and outcomes that redound to the economy and...

The administration of President Ferdinand Marcos Jr. is pushing for the creation of the Maharlika Investment Fund (MIF). Originally proposed as a sovereign wealth fund, the MIF later on morphed into what can be called a sovereign investment fund (SIF): a state-owned investment fund that aims to...