Foundation for Economic Freedom

The Foundation for Economic Freedom (FEF) advocates for policies that empower Filipinos to participate in and benefit from a free-market economy—one grounded in economic and political freedoms, fair rules, well-defined property rights, and consumer welfare. FEF uses law and economics or the economic analysis of law and policy as its primary tool to advance economic and political liberty, good governance, secure and well-defined property rights, market-oriented reforms, and consumer welfare. FEF counts among its members top economists, former and present Cabinet secretaries and undersecretaries, leading figures in the academe, respected columnists and opinion-makers, and prominent members in the business and finance community. FEF has for its Board of Advisers National Scientist Raul Fabella, former Prime Minister Cesar E.A. Virata, former Socio-Economic Planning Secretary Gerardo Sicat, and former NEDA Director-General and Central Bank Governor Felipe Medalla. FEF is currently led by its Board of Trustees composed of former Finance Secretary Roberto de Ocampo, OBE as Chairman, and investment banker Simon Paterno as Vice Chairman. Political economist Calixto Chikiamco is FEF’s President, university chairman Bernadine Siy is its Treasurer, and lawyer Ricardo Balatbat III is its Corporate Secretary. Other members of FEF’s Board of Trustees include competition lawyer Kristine Alcantara, university president and law professor Joseph Emmanuel Angeles, urban land planning expert Arturo Corpuz, information and technology law expert Jose Jesus DIsini, government and regulatory affairs expert Christopher Matthew Ilagan, investment banker Vaughn Montes, real estate developer Jeffrey Ng, corporate lawyer Perry Pe, former Finance Undersecretary Ma. Cecilia Soriano, and former Finance Secretary Margarito Teves.