**FAQ**
1. **What was the purpose of the ‘knowledge sharing forum’ at the House of Representatives in Manila?**
– The forum aimed to discuss pathways to progress and transforming the Philippine economy. It was organized by the Congressional Policy and Budget Research Department.
2. **What are some key observations made by William Mitchell during his stay in Manila?**
– William Mitchell observed stark wealth inequality in Manila, with extreme wealth coexisting with crippling poverty. He also noted the neglect and potential for job creation in the city.
3. **How did William Mitchell discuss the concept of fiscal policy and full employment during the workshop?**
– During the workshop, William Mitchell highlighted the importance of utilizing the Philippines’ available real resources effectively and questioned the perception of full employment in the country.
4. **What questions did William Mitchell raise regarding the Philippines’ fiscal policy approach?**
– Mitchell raised questions about the government’s job creation programs, social security system, and management of government debt. He also challenged the idea of the government lending to itself during the pandemic.
5. **What gift did William Mitchell receive at the end of the workshop?**
– At the end of the workshop, an official from the Congressional Policy and Budget Research Department presented Mitchell with a certificate of appreciation for his contributions.
**Conclusion**
William Mitchell’s experience in Manila provided insights into the challenges and opportunities faced by the Philippine economy. The discussions around fiscal policy, job creation, and wealth inequality shed light on the importance of utilizing resources effectively for sustainable economic growth. As Mitchell concludes his visit, the exchange of knowledge and ideas between international experts and local officials serves as a step towards progress and transformation in the Philippine economy.