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= Foundation for Economic Freedom =

The Foundation for Economic freedom is a public advocacy organization in the Philippines that aims to advance the ideals of economic and political liberty, good governance, secure and well-defined property rights, market-oriented reforms and consumer protection.

The organization counts among its members leading academicians, present and former Cabinet secretaries and undersecretaries, media personalities and opinion makers, and members of the business and finance community.

History
Foundation for Economic Freedom (FEF) is an institution established in 1999 intended both as a research center for pro-market policy solutions and network for advocacy and public education. The Foundation for Economic Freedom was established by economists, policy-makers, business leaders, and advocates of change in the Philippine economy.

https://www.ombudsman.gov.ph/UNDP4/wp-content/uploads/2012/12/GlobalIntro1.pdf

FEF was founded in 1997 by Chikiamco, Romeo Bernardo, the late Cayetano Paderanga Jr., Felipe Medalla, Mahar Mangahas, Raul Fabella, Simon Paterno, Bong Montes, the late Francis Varela and Alex Magno. They envisioned an organization that could help educate the public and decision-makers on issues of national importance affecting the economy, speak out for good governance and market-friendly reforms and support reformers in government.

The group especially wanted to raise visibility of “orphaned issues” and help counter grandstanding politicians, dogmatic militants and rightist putschists. They recognize that reform takes small steps over a long period and make sure that every position they take is backed by research and empirical evidence. They believe markets work best when institutions function and a rule of law prevails.

https://business.inquirer.net/433361/fef-bags-templeton-freedom-award-anew