PH soon to join 'tiger economies', claims expert

[M@rv|n]

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mas maau man paman ning mga dli pinoy nga expert naka panglantaw man ug nindot sa atong nasud pero kining mga pinoy nya cebuano/bisdak pajud nga nagpaka expert konohay wala man

[æRLO]

well the notion that the catalyst of Philippines to become a tiger economy is hanging on the demise of BRIC.. thats unacceptable if not laughable, growth should start from within. Yes its true that the BRIC nations had hard time these days cause of several factors Euro crisis, political instability, labor costs, questionable economic policies etc but still the BRIC nations can adjust/correct problems. Its been echo a lot of times that the BRIC nation will surpass the G7 nations in decades, it just tells you were the monies will be going. Investors maybe be cautious this time around cause of this short term cyclical slowdowns but in long term trend and basing form past performance this BRIC or even BRICS will do well.

as for our country we shouldn't be rellying on other countries misfortunes/failures but rather we work on our problems directly, boost investors confidence backed by sound economic fundamentals. Growth is really expected as we even grow during the global crisis in 2008, the question of us having a tiger economy will still depend on how this admin and the future admins handles things. Right now we aren't faring well, our OFW remitances beats out FDI; we are lagging behind our ASEAN neighbors in FDI. If oppurtunity will be knocking when BRIC is lagging, sadly it will knock on other countries door.

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I like to be optimistic but people already mention several things here why this event wont take place.. 60-40, discipline, corruption etc... honestly we are far away from what this analyst claims; in fairness to him he was bullish to other countries than us.

Basically, yes.

If I have to reword the author's most poignant basis why apil ang Pilipinas sa TIP nations is because: Our economic pool (which has remained relatively the same since the early 2000s) appears lucrative for foreign investors who are looking outside the 'ailing' BRIC economies (take note: economic pool, this does not encompass our economic model according to law). So the success of the Philippine economy mainly hinges on the decline of BRIC. We will see a boost in our economy soon (if dili masulbad sa BRIC ilang dilemma run); The question is: will this current leadership make the right steps and enable our country to have a decade+ long growth, or are we just going to ride out the boost without changing our economic provisions (resulting in a short-term economic growth, then stagnation/recession nasad). It would be haphazard to trumpet this as any administration's achievement as it is basically something served to us in a silver platter. The Philippines has always had a pretty competitive economy, some years more so than other years--that's a fact. But honestly, our provisions is partly what prevents this country from going to its full potential.

It's alright to be optimistic pero optimism does not solve the problem. Too much optimism can often lead to inaction, as do too much pessimism. Success is often determined by opportunity and the right decisions. Now, according sa projection, opportunity is definitely there. Will this administration have the 'right decisions'? I'm trying not to inject optimism or pessimism into this, but what the administration will do about this issue is crucial and will affect the following decades. Either we rise up and by (not-so-conservative projections) 2050, mahimu nata ug 'real' Tiger/Dragon, or we rise then suddenly fall back into obscurity, again, within less than a decade.

Philippines has been long considered a tiger cub economy. There is a distinction between a "Tiger cub" and a "Tiger" economy.

[itunes]

it's an expert's claim so it would mean it has a high probability of arising. come on, believing this wont here us, right?
it actually a good thing. we, Filipinos, have something to look forward to.

[whiteKelso]

tiger economy? i dont think so...We have a puppet govt that always lurks for money...

[NapoleonBlownapart]

it's an expert's claim so it would mean it has a high probability of arising. come on, believing this wont here us, right?
it actually a good thing. we, Filipinos, have something to look forward to.

If we seize the opportunities then we have something to look forward to but if we're not doing it right then anha ra na diha kutob "expert's opinion" ra na..

[psyche54]

well this is good news.. iv never been a hater of noynoy.. i just hope he'd be extremely determined to eliminate our corrupt officials so Phil could move forward to become a tiger economy!

No, noynoy isn't pursuing corrupt officials. He is chasing those whom he hates. Kanang kang Noynoy, hatred na na...

wehehehehehe...

Back to topic, I think we should all be optimisitic nga improve atong country economically. Kay if we don't believe in ourselves na molambo pa ta, then who else does...

No wonder naa japon ta sa ingon ani nga situastion kay pati sa atong kaugalingon, di ta motoo nga molambo pa ta...

[PaYaSo]

optimism of Filipinos depends on who's in the Govt

[amingb]

Remove Economic Hindrance like repealing the 60/40 Law those encourage foreign capital .... Bisan kinsa panang presidentiha basta will protected ang mga oligarch wa jud tay asenso .... puros ra mga taipan nag control sa economiya .... puros ra SM atong makita ani ...


Ask A Filipino!: Shouldn't the Philippines repeal the "60/40 Law" (and change its Constitution) to encourage investments?

[SioDenz]

mas maau man paman ning mga dli pinoy nga expert naka panglantaw man ug nindot sa atong nasud pero kining mga pinoy nya cebuano/bisdak pajud nga nagpaka expert konohay wala man

kay nabatasan naman gud natu nga nagtuo tah nga kita ray insakto ang uban sayop, Nga kita ray expert nya ang uban wa nlan juy alam - unya ang nakapait kay kadtung cge pagarpar nga Expert daw sila, murag ang colon ray nasuroy nya the rest nga info gikan sa jud tawn sa Newspapers, wa gani saktong actual nga data ika support.

Isa ka pugyot ray gihuptan nga Information/data nya kinopya pa jud - Nya Expert na daw sila, conclude dayun

[amingb]

Kana nga expert nag ingon mahimo tang Tiger Economy para na sa SONA ni pnoy ..