- pelf = wealth, usually obtained dishonestly
- carbon economy =
an economy heavily dependent on oil and coal - GNP vs. GDP =
http://www.nscb.gov.ph/headlines/StatsSpeak/111604_rav_gnpgdp.asp
(For Econ 11 and 101 students) - political will and moral courage =
lacking in the Philippine administrative system - 3,091,993 = tourist arrivals in 2007 in the Philippines;
compare it with Malaysia (18 M), Thailand (10 M),
Singapore (10 M), Vietnam (4 M)
Source: Sen. Gordon
