inorder for us to progress like our successful Asian neighbors, we should focus in producing OUR OWN BRAND of products for the international market.
AUTO INDUSTRY - Korea has their Hyundai and Kia. China has their Geely. The Phils has none to speak of. We shouldn't only be satisfied by being assemblers of foreign products or suppliers of some auto parts. Are we just OK with making jeepneys?
We are also one of the best producers of natural rubber. Why don't we make our own brand of tyres?
ELECTRONICS and APPLIANCES - Japan has their Sony and Casio. The US has their Apple. Korea has their Samsung. The Phils has none. We are only assembling for them.
MOVIE INDUSTRY - we shouldn't only focus on making movies only for the local market. Look how HK and China are doing nowadays. Look at India.
FOOD and its related INDUSTRY - yes, we have mangoes, pineapples, and the like. But we should not only limit to those. AFAIK, we were one of the top exporters of rice, coconut, and abaca before. and there is an open demand for processed goods to supply. Yes, we have international names like SMB, Lactopafi and C2, but other countries are churning out more diff products than ours.
GARMENTS INDUSTRY - yes, China has more edge but it shouldn't stop us from being more creative. Let us start by making our own fabric and threads, and not mainly dependent only from China.
FURNITURE INDUSTRY - yes, in terms of low-end furnitures like rattan, we are now out-edged by our other Asian neighbors. But it doesn't mean we can't be more creative, competitive and productive.
TOYS, GIFTS, AND HOUSEWARES - we are only fond of making handcrafted toys, handcrafted gifts and housewares. why not turn up the notch a bit like employing new technologies in plastic moulding and metal castings?
------OOO--------
JUST LOOK AROUND...
TOILET: when u go take a bath, ur soap & shampoo, are actually made in Thailand nowadays. even ur toothpaste (swerte nlng kng mugamit ka ug Hapee). even ur toothbrush is from China. the floor and wall tiles too.
SALA: ur tv is made by Samsung. ur DVD player could be cheap but it's not made here. perhaps the only one made in the Phils. is ur sofa.
KITCHEN: ur microwave, fridge and oven is foreign made. ur gas stove too. perhaps the only local brand u r using are ur plates made from Lucky Tableware and Joy dishwashing liquid. even ur NFA rice in ur cooker isn't local.
BEDROOM: most probably ur bed is from Mandaue Foam, well good. but in ur closet, all u have are probably brands like Levi's, Giordano, Guess, Mossimo, or Abercrombie, etc . Swerte nlng mka Penshoppe or Bench ka.
CARPORT: most probably u have a Japanese brand car parked in there. if not, a multicab from Korea, or a bike from Honda.
Take a look with what u r wearing now. Most probably, the only local brand u r wearing right now is your face. well, at least u myt be holding a C2 drink...hehe
Last edited by giddyboy; 09-01-2008 at 01:57 PM.
I have read the theory already and had heard the discussion from the author himself Mr. Bentulan. I don't wish to put down the person behind it, but it seems he missed to see the science behind a "market-driven economy" which has been tested time and time again.
If you have read the theory well and believed it, then both of you are missing real economic concepts here. And yes, while you can't apply economic concepts most of the time, but you can apply those that are proven and tested. Thus the saying -- "If it ain't broke (accepted economic principles) why fix it?"
No.2 you and the author are not judicious in using economic data. You compare wages in affluent countries as basis why hyperwages can be applicable here. Does he know what BMI (Burger Mac Index) means? Did he ever study the impact of forex parity with reference to purchasing power between trading countries? That any adjustment in prices can dampen export markets? If he didn't, it can only mean he's just making up the theory without prudence.
No. 3 The theory plays on a skewed assumption that it will work because it invites foreign investments. This is REAL BS. How can you invite foreign investments with that if you're wages is not at par with countries offering the same job? Does your "theory" have any real data where it indicated a surge in foreign direct investment when hyperwage was applied?
I'm sorry, I don't even bite if hyperwage meets the criteria of being a theory -- it is very unintelligible, unscientific and best of it all -- it is unfounded!
the best solution ani kay stop corruption
pero ang pangutana unsaon mn?...hahayyy
maypa wla nalay politics oi para wla governo mangwarta og magbuot nato....hehe
mao ramn ghapon gud wla may kapuslanan ning mga tawhana cge lng pang hingi...
lupig pay kawatan...!!!!
agree baya ko anang suggestion na hutdon ang mga pobre...pero dili sila patyon ha...
dili lang sila tugutan na manganak...eventually, mahurot gyud na sila (mi)...hehehe
para ra pud baya na sa ilang kaayuhan, at least di na masinati sa ilang mga anak ug mga apo ang kalisod...
Last edited by nItO/pIrEnA; 09-01-2008 at 02:31 PM.
Impossible until when the poor learns that the only way to improve their lives is for them to work and get education. Rather than blaming the govt as the cause of their poverty.
grabe man sab ning inyo solusyon na patyon mga pobre ui! ma-apil ko ani ug akong angkan...dpat nato lantawon na mga datung nasud maoy nagpapurdoy mau sa Pilipinas..pautangon ta maau to fund projects na wla man napusli nato but sige gahpon ta byad nya in the process ang nka-kwarta maau kay mga foreign suppliers ug mga corrupt officials nato.Poverty is a result of a nation's inability to support its citizens..
ang tubag sa kapobrehon kay strong political will to create real income for the state and cooperation of the citizenry,esp sa mga elite and middle-class.
kuyaw sab if pamatyon ni The_Child ang pobre dutay nlng mabilin sa Pilipinas wla nay trabahante...si tommy osmena unya manglimpyo imo tugkaran nya si margot mao mag-andam sa imo pamahaw.
i dont agree. you dont have to be manufacturing to improve as a nation. take account - singapore and other countries who's not into manufacturing. they are successful but they are not into manufaturing. you can not be an island- you always need items from other countries and purchase from them. our problem are low wages which we use to purchase hi-priced import goods.
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