We beg to differ.
The grand-daddy of our culture-as-root-cause thesis, the late great Teddy Benigno, in his classic 2002 Star article Why investors avoid us: The trust factor highlighted what, at the time, was a very conservative forecast regarding China’s fortunes made in a Nomura Research Institute (NRI) study that foresaw a China that could “burgeon into the world’s…
Read More “Without operational excellence, capital is squandered” »
I am undoubtedly seen as a determined critic of the administration of Philippine President Benigno “Noynoy” Aquino III. But that is only because the man generally personifies much of the underbelly of the Filipino psyche that I’ve made it a personal online career to highlight over the last several years. In short his character just…
Read More “Hope for the Philippine economy lies in domestic investment and not foreign investment” »
President Noynoy Aquino (PNoy) will be giving his second State of the Nation Address (SONA) soon. Like his first SONA, his speech will most likely be full of motherhood statements similar to all the previous speeches he had delivered since he announced his plans to run for the Presidency in 2009. There is very little…
Read More “President Noynoy Aquino’s Second State of the Nation Address (SONA)” »
Last weekend Governor Joey Salcedo of the Philippine province of Albay issued what on the surface looks to be a ludicrous proposal — that Filipinos “boycott” Chinese-made products. Salcedo made this call to Filipinos to “hurt [China] where it counts” in light of recent military and diplomatic tension between the Philippines and China over the…
Read More “Philippine-China conflict: How did we come to be so dependent on Chinese imports?” »
A lot of Filipinos want to copy everything about the United States of America. From the form of government down to the style of music, Filipinos look to Uncle Sam for direction. For as long as everyone can remember, Filipinos have always viewed the home of our former colonizers as the land of milk and…
Read More “Philippines: Stuck in reverse since Independence Day” »
Seeing foreign direct investment, cash handouts, and subsidies as the silver bullet that will cure chronic Filipino poverty? Think again. Lots of lessons are to be learned in what former Malaysian Prime Minister Mahathir Mohammad said in a speech at the Harvard Club of Malaysia dinner on 29 July 2002 about how the presence of…
In my 2006 book Get Real Philippines Book 1, one of the key solutions I cited to the challenge of effecting fundamental change in the path we have (rather consciously) set for ourselves to chronic impoverishment is to re-evaluate the content of our mass media. I highlighted that it is an easy solution, because much…
Read More “Foreign capital will not solve Filipinos’ inability to apply capital profitably” »
The Iranian experience in implementing a successful population management program has become a model for many countries that seek to overcome the debilitating burden overpopulation presents to development aspirations. The most remarkable aspect of Iran’s program is in how what was once a religious directive to go forth and multiply had been repealed by the…
Read More “Iran: model of successful population control and an inspiration to Filipinos” »