Common use of DEVELOPING THE NATIONAL ECONOMY Clause in Contracts

DEVELOPING THE NATIONAL ECONOMY. This part outlines how agricultural and rural development with national industrialization forms the bedrock of the national econ- omy. This is done with due consideration of the environment to ensure favorable conditions for the present and future generations. A. AGRARIAN REFORM AND RURAL DEVELOPMENT The largest number of Filipino producers are peasants and the single largest sector of the domestic economy is agriculture. Real agrarian reform corrects historical injustices against the peasantry. It is also the key to ending rural poverty and the starting point for rapid development of the Philippine countryside. Agrarian reform shall break land monopolies through expro- priation with selective compensation. It covers all private and public agricultural land, fishing grounds, fisheries, and aquacul- ture while recognizing ancestral domain. Land shall be distributed for free with measures against reconcentration. The rights of the peasantry, including farm workers and fisherfolk, to living wages, humane work conditions, benefits, and to be free from usury shall be upheld and promoted. Agricultural production shall be developed with ample budgets for developing agricultural science and technology, agricultural credit, irrigation, post-harvest facilities, farm-to-market roads, and marketing support. The conversion of land producing food shall be prohibited. The country shall achieve food self-sufficiency. Rural industries shall be fully developed in: coconut, sugar, cacao and coffee, meat processing, fish processing, fruit, spices and vegetable processing, salt and seaweeds processing, dairy products, leather processing, abaca products, bamboo and rattan, clothing and textiles, pottery, furniture, and agricultural by-prod- ucts processing. The peasantry shall have real democratic participation in decision-making and the economy. The revolutionary mass orga- nizations and New People’s Army (NPA) shall have key roles in implementing agrarian reform. Peasant cooperatives and associa- tions shall be set up. A Joint Monitoring Committee on Agrarian Reform and Rural Development (JMC-ARRD) shall be established and a New Agrarian Law enacted. B. NATIONAL INDUSTRIALIZATION AND ECONOMIC DEVELOPMENT The NDFP has always considered national industrialization essential for economic development. It is needed to create jobs and livelihoods, raise incomes, meet the people’s basic needs, ensure rapid and sustained economic growth, and achieve economic inde- pendence from imperialist domination. Filipino producers and domestic capital shall be developed as the driving forces of national development. The state shall actively promote, protect and support large, medium, small and micro ▇▇▇▇- ▇▇▇▇ enterprises. The economy shall combine public sector firms, joint public-private ventures, and individual entrepreneurship. Industrial cooperatives shall be encouraged. Filipino industries shall be developed across a wide range of consumer, intermediate and capital goods. These shall be phased over a number of years and include: mineral processing; steel; agri- cultural and industrial tools, machinery and equipment; transport especially rail, buses, and shipping; electrical power equipment; electronic components and equipment; precision instruments; construction materials; chemicals and chemical products; pharma- ceuticals; food and beverage; textiles, clothing and footwear; and biotechnology. Utilities shall be nationalized to ensure electricity, water, tele- communications and transport services for the people and overall development. Mining shall likewise be nationalized to ensure rational extraction and use of the country’s mineral resources. Enterprises in these vital and strategic industries shall be 60-100% state-owned. Regions and sectors shall be interlinked. The rights and welfare of workers shall be protected and the impact on the environment managed properly. Filipino science and technology shall be aggres- sively developed with large investments and linkages among firms, universities, and mass organizations. The domination of big capitalists that exploit the economy and keep it backward shall be broken. Foreign monopoly capital in vital and strategic industries shall be expropriated and nationalized. Foreign equity can go up to 40% of equity in allowed enterprises but shall be regulated to ensure real contributions to national development. Big comprador capital and assets shall be re-directed towards national industrialization and rural development. Ill got- ten wealth of of bureaucrat capitalists shall be confiscated. Workers shall participate in democratic decision-making to pro- tect and advance their rights and welfare. There shall be unions and workers councils in industrial enterprises and capitalist farms. Financing for industrialization shall be raised from industrial bonds, landlord compensation, progressive taxation, government savings, reinvested government industrial surpluses, and confis- cated assets. A Joint Monitoring Committee on National Industrialization and Economic Development (JMC-▇▇▇▇) shall be immediately formed to ensure the effective implementation of the ▇▇▇▇ provisions. C. ENVIRONMENTAL PROTECTION, REHABILITATION AND COMPENSATION The NDFP shall ensure a healthy natural environment in the course of economic development. A national policy on the exploration, conservation, rehabilitation and development of the country’s natural resources, including those in its territorial waters and exclusive economic zone, shall be drawn up. Urban and rural environmental planning shall ensure the least possible congestion and pollution across the country. The utilization of the country’s resources shall first and foremost be reserved for the Filipino people. Agricultural production, rural development and national indus- trialization shall increasingly use ecologically sound production methods. This is to ensure the most efficient use of the country’s renewable and non-renewable resources. Appropriate measures shall be taken to address pollution and waste disposal. The neces- sary programs for climate change adaptation and mitigation shall be carried out. The nation’s land, ▇▇▇▇▇▇, ▇▇▇▇▇, fauna and other natural resources shall be protected. Programs to genuinely rehabilitate and develop resources that have been depleted, polluted and destroyed shall be developed, pursued and promoted with adequate funding from the national government and from compensation paid for causing environmental damage. Mining and marine wealth extraction shall be strictly regulated. Foreign appropriation through intellectual property schemes shall be banned and patenting, where allowed, shall be exclusively for Filipinos with preference for collective ownership. The reckless profit-driven exploitation of the nation’s natu- ral wealth by foreign and domestic capitalists shall be stopped. Grossly destructive activities in mining, agriculture, industry, land clearing, reclamation, and the like shall be prohibited. Foreign toxic waste, dirty goods, pollutant industries, war materiel and such shall also be prohibited. All perpetrators of environmental destruction shall be held accountable including the US and other governments, corpora- tions, government officials and others. Communities, victims and surviving relatives shall be compensated. There shall be genuine democratic participation and consent of affected communities especially of the national minorities. Envi- ronmental consciousness shall be widely promoted through the educational system, mass organizations, mass media, and commu- nity environmental organizations. The people shall be mobilized to protect and manage the environment. The Joint Monitoring Committee on Environmental Protection, Rehabilitation and Compensation (JMC-EPRC) shall be imme- diately constituted to ensure the effective implementation of the provisions of the EPRC agreement.