PHILIP CAMARA
WILL it be easier, especially for the micro, small and medium (less than P100 million assets) enterprises to do business under a federal set-up? Since Federalism essentially means a smaller sovereign state (the region) within a larger sovereign state (the federal government) wouldn’t it make it harder for this economic sector, a sector that accounts for over 60 percent of our employment and makes up 99.5 percent of total enterprises, to do business? (These figures are a dead giveaway that MSMEs suffer from low productivity and that economic opportunities are concentrated in a few regions and a few (.5 percent) of the total number of enterprises.