PH soon to join 'tiger economies', claims expert

[Romeojin]

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.

well basically we are on the same page while i argue that this BRIC setback can recover in long term and investment would still flows on these nations, leaving other emerging nations a scrap of whats left of the world's investment; thereby we cant just keep on counting on BRIC slowdown, we really have to do something and the right step is a real economic reform.
While you argue that there is a window of opportunity in short term that we can become a tiger economy and the admin had to grab it, correct me if i misinterpret you. From what i know we cant become a tiger economy (rapid economic growth) in such a short time. Im not sure how you define a tiger economies.. but i define it as such that we have an economy like what those real tiger economies in Asia (HK,Singapore,SoKor and Taiwan), there's a accelerated growth and increase in standard of living. To be included in such list.. we have to had consistent high GDP growth, export driven economy or become a regional financial hub (HK) etc. Plus we need international companies like Samsung, LG, Hyundai, HSBC, ACER and the likes that you see on those Tigers that will fund our growth. In the case of Singapore; foreign investment was a key driver, and how can we attract them when theres certain provision driving them away. there was a time when the Ramos,Erap and GMA admins tried for Chacha and to no avail, there are group willing to go against this reform at any cost maybe for their own selfish interest esp those oligarch. The fact also Chacha is not Penoy priority we all know hes pro oligarchs.

==

Im not gonna have a lengthy discussion with you cause. naa duha dire mo-assume na economic expert daw ko ug ang usa genius daw ko mocomment pero way agi. Pare2xho lang man ta dire nag commment/istorya, at least unlike them naay intellectual input ako nabutang dire di padaghan post counts. di na nako i mention pud ang ilang name kay i know grabeh kaau sila nasakitan sa akong insight

[æRLO]

well basically we are on the same page while i argue that this BRIC setback can recover in long term and investment would still flows on these nations, leaving other emerging nations a scrap of whats left of the world's investment; thereby we cant just keep on counting on BRIC slowdown, we really have to do something and the right step is a real economic reform.
While you argue that there is a window of opportunity in short term that we can become a tiger economy and the admin had to grab it, correct me if i misinterpret you. From what i know we cant become a tiger economy (rapid economic growth) in such a short time. Im not sure how you define a tiger economies.. but i define it as such that we have an economy like what those real tiger economies in Asia (HK,Singapore,SoKor and Taiwan), there's a accelerated growth and increase in standard of living. To be included in such list.. we have to had consistent high GDP growth, export driven economy or become a regional financial hub (HK) etc. Plus we need international companies like Samsung, LG, Hyundai, HSBC, ACER and the likes that you see on those Tigers that will fund our growth. In the case of Singapore; foreign investment was a key driver, and how can we attract them when theres certain provision driving them away. there was a time when the Ramos,Erap and GMA admins tried for Chacha and to no avail, there are group willing to go against this reform at any cost maybe for their own selfish interest esp those oligarch. The fact also Chacha is not Penoy priority we all know hes pro oligarchs.

==

Im not gonna have a lengthy discussion with you cause. naa duha dire mo-assume na economic expert daw ko ug ang usa genius daw ko mocomment pero way agi. Pare2xho lang man ta dire nag commment/istorya, at least unlike them naay intellectual input ako nabutang dire di padaghan post counts. di na nako i mention pud ang ilang name kay i know grabeh kaau sila nasakitan sa akong insight

what I mean is, the Philippines has to make itself lucrative for the foreign investors before those other developing countries are able to entice those investors. The BRIC's slow down is not just an opportunity for the Philippines, but also other developing nations--and we have to compete with them with those possibilities. right now, I think Philippines has the potential gihapon. Akong argument is that, we will still see a boost irregardless if there is economic reform done in this country or not. We've always experienced economic boosts relative to the global economy, the problem is sustaining it--and with this current model, it is nearly impossible because we do not have the backing of foreign investors, at least compared to other countries in our tier. So a Philippines without economic reform=momentary boost (seemingly inevitable), then that's it we go back to recession/stagnation. While other Asian countries like Thailand or Indonesia get boosts into becoming "Tigers".

[Romeojin]

what I mean is, the Philippines has to make itself lucrative for the foreign investors before those other developing countries are able to entice those investors. The BRIC's slow down is not just an opportunity for the Philippines, but also other developing nations--and we have to compete with them with those possibilities. right now, I think Philippines has the potential gihapon. Akong argument is that, we will still see a boost irregardless if there is economic reform done in this country or not. We've always experienced economic boosts relative to the global economy, the problem is sustaining it--and with this current model, it is nearly impossible because we do not have the backing of foreign investors, at least compared to other countries in our tier. So a Philippines without economic reform=momentary boost (seemingly inevitable), then that's it we go back to recession/stagnation. While other Asian countries like Thailand or Indonesia get boosts into becoming "Tigers".

were on the same side but you stress naa gyud chance right now.. for me wala gyud we can expect modest growth maybe but not rapid economic growth (tiger economy). that "soon" that sharma said i dont think it will happen in 10 years time unless maybe there would be a genuine economic reform. but under this admin no chance.. they said it already its not their priority.

when im talking about economic reform i meant this list as accdng to what pro chacha group are recommending. If so madayon ning list.. i will say naa ta chance ma tiger economy.

These are:

(1) Removing the 60 – 40% equity limitations;

(2) Removing exclusive control and management by Filipinos in companies with foreign equity;

(3) Expanding the role of foreign investors in exploration, development, and utilization of natural resources;

(4) Allowing foreign ownership of industrial lands;

(5) Liberalizing media by allowing foreign investments;

(6) Liberalizing the practice of profession by allowing foreigners to practice their profession in accordance with the principle of reciprocity;

(7) Liberalizing investments in educational institutions by allowing foreign investment in tertiary education; and

( Extending the 25 + 25 land lease agreement.

di na nako i elaborate ang 60-40 or cha2x here cause naay na thread ana.

[æRLO]

were on the same side but you stress naa gyud chance right now.. for me wala gyud we can expect modest growth maybe but not rapid economic growth (tiger economy). that "soon" that sharma said i dont think it will happen in 10 years time unless maybe there would be a genuine economic reform. but under this admin no chance.. they said it already its not their priority.

when im talking about economic reform i meant this list as accdng to what pro chacha group are recommending. If so madayon ning list.. i will say naa ta chance ma tiger economy.

These are:

(1) Removing the 60 – 40% equity limitations;

(2) Removing exclusive control and management by Filipinos in companies with foreign equity;

(3) Expanding the role of foreign investors in exploration, development, and utilization of natural resources;

(4) Allowing foreign ownership of industrial lands;

(5) Liberalizing media by allowing foreign investments;

(6) Liberalizing the practice of profession by allowing foreigners to practice their profession in accordance with the principle of reciprocity;

(7) Liberalizing investments in educational institutions by allowing foreign investment in tertiary education; and

( Extending the 25 + 25 land lease agreement.

di na nako i elaborate ang 60-40 or cha2x here cause naay na thread ana.

I think we're in agreement too, ang kalahi-an lang ky lain tag definition sa "growth" depending on BRICs economy. Don't get me wrong, I think most developing countries will have (relatively) stronger growth periods when this projection about the BRIC comes true--but I believe it will be less-than-a-decade in length (for us) which is S.S.D.D. in Philippine context, that is, IF nothing is done to entice these investors. whereas other economies will probably flourish for a significantly longer time frame. Ang main reason: our constitution.

tl;dr-aligned ra ta ug idea.

[hayden]

LOL I was not born yesterday. I was naive once, I did my part, did the govt do the same to its people? A big NO gigatasan ra nuon ang mga tao.

Kadungog naman cguro ka ani nga line "history repeats itself", mao nay nahitabo ani nga nasud. And don't compare the assension of EU/US through its civil war ky dili pareha ug will/vision ang mga tao dri. People were brought up to be afraid of God the wrong way.

And if indeed PH will be a tiger economy then good! Until then this proclamation makes no sense as I've heard the same line before....

dear, that was history. different things can happen with this present generation, especially today nga dali ra kaayo mu-spread ang ideas sa internet.

kung aware ka sa history sa europe ug sa US, wa man sila nagsugod pagkadato. niagi gani sila civil war ug sauna gina-control sila sa simbahan atong Dark Ages. Dirt poor kaayo sila atong mga panahona. Pero sa ingon pa nila, change is inevitable. Kadugayan mapul-an ra man jud ang mga tao. It can take years or even decades, but it will happen.

[hayden]

just this year, kapila na nag-upgrade atong credit rating. soon ma-upgrade na ta to "creditor" status. pasabot ana pwede na ta magpa-utang imbes kita gapangutang, heheh...

Wouldn't it be ironic for a country to be a creditor to other countries yet ang iya mga tao naglisud sa kahimtang sa kinabuhi?

[jack_bauer]

Until then this proclamation makes no sense as I've heard the same line before....

clarify lang ni nako brad ha.. dili ni PROCLAMATION from any government agency nor from Malacanang.. this was from a book of some supposed economist/expert talking about emerging economies..

..unya na apil man intawn tag mention didto oi... ahaka nlang gyud...

[M@rv|n]

"tiger cub" economy tingali murag katoohan

tinuod ni bai
tiger cub ta karon ; puhon mo dako nata mahimo nata tiger

Tiger Cub Economies - Wikipedia, the free encyclopedia

[ambrt]

LOL I was not born yesterday. I was naive once, I did my part, did the govt do the same to its people? A big NO gigatasan ra nuon ang mga tao.

Kadungog naman cguro ka ani nga line "history repeats itself", mao nay nahitabo ani nga nasud. And don't compare the assension of EU/US through its civil war ky dili pareha ug will/vision ang mga tao dri. People were brought up to be afraid of God the wrong way.

And if indeed PH will be a tiger economy then good! Until then this proclamation makes no sense as I've heard the same line before....

"history repeats itself". *WE* have the power to change it. Saying ra man ng "history repeats itself". And notice the emphasis on *WE* because it is not the president, not the public officials, but kita tanan dapat magtinabangay.

"dili pareha ug will/vision ang mga tao dri" - are u sure about that? Kay sauna daghan sad kaayo marginalized ug mangmang sa US and EU. Those few enlightened ones simply had the courage to speak up and dared to change the system. Don't you think similar ra ang situation nato karon? Remember, it took years for Europe to get enlightened. Gitawag gani to nga Dark Ages kay it happened for years. So you cannot expect nga dali ra sad kaayo mag-change ang Philippines. But I've seen a lot of good role models sa Pilipinas karon ug gina-treat nako sila nga modern heroes. Hopefully sila ang mag-bring about sa change.

[ambrt]

Wouldn't it be ironic for a country to be a creditor to other countries yet ang iya mga tao naglisud sa kahimtang sa kinabuhi?

Dear, it only highlights one glaring problem in our country and that is unequal distribution of wealth. But the fact that we can become a creditor means we have enough financial resources as a country. Please know the difference between macroeconomics and microeconomics.

Now, you might ask, nganong magpautang man ta kung daghan pobre? well, it's an investment daw as they say. Kay dako sad na ug interes kay millions or even billions gud ipautang. Alangan ipanghatag lang ng kwarta sa mga pobre? It just doesn't work like that.