Wednesday, July 13, 2011

The Philippines Now A Year After The P-Noy Aquino Presidency

An analysis of the Philippine situation now should be at once social, economic and political.
Let me start with the economy as it is the infrastructure of society according to still relevant classic sociologists.

 Aquinomics, according to economist Cielito Habito can be summarized into two & I quote,
“economics of business confidence and economics of fiscal responsibility.”

 As explained by C. Habito, the Philippines posted a growth in private domestic investment from zero in 2002-2007 to 37% now, with a corresponding drop in foreign direct investments and local government spending. The growth from investments is from the private sector and across all sectors, urban and rural, including the farming sector. The explanation for the drop in foreign investments is the U.S. flat economy and the earthquake and tsunami in Japan.

These two economies are our biggest foreign investors. Still, the increase in domestic private investment is a positive one. The “economics of fiscal responsibility,” accordingly is our budget surplus or under spending in government construction, for instance, which at first glance would mean a low absorbent capacity of this administration but not so because the 2011 budget was made by the Arroyo administration as the P-Noy crafted budget begins in 2012 yet.

 Last year registered the creation of about half a million jobs from the Business Process Outsourcing (BPO) Industry which also registered a U.S $9 billion Philippine income from the services sector. According to Ms. Marife Zamora, Philippine country manager of Convergys, there is still a lack of qualified human resources in this field who are good in English, computer savvy and logical thinkers.
 Still, about eleven (11) million Filipinos are still unemployed.

 On the political front, during the year, we have been a recipient of advisories against travel to the Philippines by foreign countries. The Manila Hostage Crisis became a symbol of sorts of the incompetence of our chain of command to handle a crime situation involving foreigners as victims.

That the tourism sector is into a “re-branding” of the Philippines is of positive note.

 Politics is mainly the stuff of our three branches of government.
According to P-Noy himself, the chief achievement of his administration, so far, is his policy of good governance and the restoration of public trust.
But, perhaps the snail pace pursuit of this “Ang Daang Matuwid,” may have been responsible for P-Noy’s drop in his net satisfaction rating by the SWS polling operation from a high of +64 in November 2010 to a low of +46 in June 3-6, 2011.

 Various committees in Congress are into investigations galore in aid of legislation : to name a few, the fertilizer scam, AFP scam, and lately the Philippine Charity Sweepstakes scam involving the clergy.

 The pillars of our justice system have not been able to resolve both old and new heinous crimes : Ninoy Aquino murder, Visconde massacre, Dacer-Corbito, Maguindanao massacre, etc.

 Last, but certainly, not least is the social services sector.

For women, the lingering delay in the passage of the Reproductive health bill is the ultimate test of the impotence of the lawmaking & policy making branches of our government. This is also a commentary on the failure of the P-Noy administration to muster political support for this piece of legislation from various political parties in Congress.

 That we are the last nation - state in this post modern world that does not have divorce for the majority speaks a million words of indictment of how feudal our leaders in position of power and authority are.

 As someone, who personally heard direct testimonies of about a hundred empowered parent leaders of the Pantawid sa Pamilya Pilipino Program or the Conditional Cash Transfer (CCT) program, I am adopting the view that this centerpiece program of the PNoy Administration is an investment in human resources to arrest poverty of the poorest of the poor of the current generation so that these children now in school will take care of the next generation.

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