The Philippines can be great again and did you know it was once a country that was once richer than Singapore? Yet Singapore ended up defeating the Philippines. The truth has NOTHING to do with Singapore’s ethnic Chinese population — it has to do with the political and economic policies. Lee Kwan Yew’s quote above would make sense especially with the desire of Filipino communist idiots such as that of Bayan Muna (Nation First), Anak ng Bayan (Children of the Nation), Alliance of Concerned Teachers, Gabriela and the like to continue with economic protectionism — which is a doorway to making countries “self-supporting”. Those neanderthals just know nothing to why the Philippines must engage in international marketing
Get rid of international marketing, go hermetic and poverty will skyrocket to the max…
Do I need to emphasize that foreign investors are NOT foreign invaders
all over again? I wonder where does Hilario Davide get his idea
? So how true is it that if world trade were to stop and nations become “self-supporting” or better yet termed as hermetic make everybody desperately poor? Well we can name some examples based on past and present history. Want some real historical studies? The fool Heneral Lunatic
(a mascot created by Bayan Muna using Heneral Luna to forward their cause) tells people to study history (in order to justify his love for protectionism) so let’s shove it to his face, shall we? The difference between Japan’s seclusive Tokugawa era and the Meiji era showed a difference in performance. Japan only got progressive again after they opened their doors to the world during the Meiji era. China has the example of how Mao Zedong’s protectionist and welfare state poverty brought China to ruin, how Taiwan managed to outdo China
first after it started as a very poor nation and how Deng Xiaoping’s opening up of the Chinese economy
changed the way things were.
Today, we’ve got Venezuela going poor not because of federalism but because of economic protectionism. The stupidity is that they still refuse to open up the country. The “solution” to their problems is with printing more money — which ends up devaluing money. Why does printing more money make it devalued in its own country? Currency depreciation is good for attracting foreign investors but it’s also bad when your country is buried in so much debt! Venezuelan peso may be higher than South Korean won and Japanese yen
yet it couldn’t save an impoverished country. Protectionist countries (as well as underdeveloped islands
) and their high poverty rates are proof that self-industrialization is just a sick man’s fantasy
While not everybody can be rich but nobody wants to be indigent. One of the biggest problems of the Philippines today with poverty is not only because of not learning simple life lessons on how not to be poor but also because of poor economic policies. So how can poor Filipinos who are learning the simple life lessons get out of miserable poverty (and at least be a middle class citizen) if there is hardly any employment opportunity in the Philippines? The answer is none. There is still the need for employment opportunities for the poor because conditional cash transfers are but short-term solutions. Sure, they can at least finish high school but what’s next? Is there a job offering when the conditional cash transfer program ends?
You’ll have an excess of food which nobody wants to eat…
You know that there’s such a thing as a surplus yet what if there’s too much supply and too little demand? Let’s think about apples in the Filipino context where you can have bananas or mangoes as the next example. So how can there be an excess of apples or whatever food item in the Philippines there is when you get rid of international marketing?
Why do you think need to do import and export? You import stuff that’s not available in the Philippines and you ship out items that’s not available in other countries. Do you think the Philippines can grow apples and non-tropical countries can grow mangoes? Mangoes require a warm climate and apples require a cold climate. The moment the Philippines becomes hermetic then it should stop exporting to other countries. So what happens when the Philippines eventually stops to engage in import and export? The Philippines doesn’t only risk overusing its resources but also overproducing food that nobody wants to eat.
Food is a perishable item. Why do you think there’s the use of basic calculus (that is the use of basic derivatives) and statistics by businessmen and economists to determine the optimal amount of inventory and orders? It’s because they want to optimize yet they have to realize that they are dealing with shelf life at a daily basis. They know that they have to dump waste and they want to reduce the dump as low as possible. You may want to consider how culinary related bachelor courses such as Hotel and Restaurant Management are trained to manage perishable items aside from use basic calculus in managing optimization. We know the fresher the item — the better it is for production. Yet, what would we do with an excess hoard of rice, corn, mangoes, bananas and the like when they get piled up yet nobody wants to eat them because they either have taste fatigue or can’t consume them all?
And an excess of manpower nobody wants to use
Let’s think about the problem of having too many Filipinos needing jobs vs. Filipinos who can provide them jobs. There may be big time and small time businessmen yet you can think of it that do you think that they can employ every single Filipino needing jobs? You can think about it that sure there are big time Filipino businessmen such as Henry Sy, Lucio Tan, the Gokongweis, the Ayalas, the Aboitizes and other big time Filipino tycoons (regardless of descent or ethnicity) are indeed big time businessmen but I doubt it that they can employ all Filipinos needing jobs. This results to an excess of manpower in the Philippines.
The problem of trying to force more Filipinos to create more jobs is stupid. Not every Filipino is called to be a businessman. Sure, you’ve got Filipinos who are businessmen but if everyone were businessmen then who would work for the businesses? The logic is almost like this — if it’s not season for something in the Philippines to fill in the demand for agricultural or forest products then don’t you think you need to also do importation? The same can be true for the jobs. If there’s too few Filipino businessmen then don’t you think opening up the economy to foreign investors will be the solution? It’s because foreign investors will employ more Filipinos aside from provide for revenues in the form of income taxes for the Philippine government.
This is also true for the labor export policy. The Philippines is sending Filipinos overseas abroad to work because of a lack of jobs. A good example is that many Filipinos who are nursing graduates ended up not finding their desired jobs and ended up as salesmen, banking employees and other commerce-related work. Many countries may have all their staff from their very own countries that they won’t accept labor export from other countries. If the excess labor can’t even be absorbed by their own country then other countries aren’t obligated to absorb the excess of manpower in the Philippines.