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Showing posts with the label Philippines

A Tale of Two Economic Policies: Why Vietnam's Doi Moi BEATS the Filipino First Policy

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Last July 7, 2026, I read an article from ABS-CBN called " A tale of two economies: Why the Philippines now lags Vietnam ". I found this art above on Facebook; perhaps this is an AI art, which demonstrates the Philippines' lagging behind Vietnam. The Philippines used ot be ahead, but what happened? Speaking of ABS-CBN, I'm still reminded of how the network has the tendency to be hostile to constitutional reform. Now, putting that aside, I'd like to share an excerpt from the article, for a start: The Philippine Department of Economy, Planning, and Development (DEPDev) admitted that the Philippines has been on a slow growth pace for the past decades. Secretary Arsenio Balisacan said many ASEAN neighbors have outgrown the country, including Vietnam. “If you’re asking why we are poor, the big part of the story is the country has not grown as fast as our neighbors,” Balisacan said. Comparing the Philippines to other ASEAN neighbors, Singapore’s GNI per capita is $81,76...

IBON Foundation's FLAWED Proposal in "Follow the Money"

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Bilyonaryo News Channel It's time for me to address IBON Foundation yet again. I often receive comments that I'm not an economist like the IBON Foundation writers. I can cite authoritative sources to support my criticism. It's easy to accuse me of ad hominem. However, I'm focusing on the argument of IBON because how can an economic think-tank even keep suggesting proven,  outdated economic plans? Recently, the Bilyonaryo News Channel has featured Jose Enrique "Sonny" Africa. Here's something that Africa said that Lee Kuan Yew would've called third-world  mentality : “ We have to get over this thinking that foreign capital will save us ,” he said. “We also have to get over this thinking that we can’t produce enough food and therefore have to import everything. More household purchasing power means more aggregate demand. More aggregate demand means a bigger market for Filipino agriculture and Filipino industry. If Filipino agriculture and Filipino indus...

School Violence and the Broken Windows Theory

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Credit: Verywell / Dennis Madamba Some time ago, I wrote about the Broken Windows Theory and school insults . Whenever I remember the vicious cycle where the insulter usually gets a free pass (out of the name of "kids just being kids"), I also get more violent despite the interventions done. It wasn't until I was in another school that both sides were usually mediated, even if teachers could often lapse into just "dealing with the bigger offense". It made me think that several fights I got into in high school, even if the conflict wasn't resolved immediately, eventually fizzled because when I got scolded for overreacting, the aggressor still had the punishment that met the offense. For example, I got the harder scolding for overreacting,  while the other person got scolded also for triggering the offense. I even felt that reconciliation with some of my former enemies may have been much harder without mediating between the  two sides of the conflict. I mean, ...

Was Benigno Aquino III's One-Term Presidency Enough to Go Beyond Rising Tiger Philippines?

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GMA News Online Today is the fifth year of Benigno Simeon "Noynoy" C. Aquino III's demise . The Philippines can be too easily divided. Honestly, I can admit that I didn't vote for or support Noynoy, or that I actually got caught in between one-sided political debates . As always, I will confess there would be biases,  and I'm not free from them. Now, to make an assessment, it's easy to see tributes for Noynoy can go from what deserves credit ot actually crediting him beyond his power . Whether we want to admit it or not, Noynoy's legacy should be viewed as a complicated legacy . Even good kings made terrible decisions too! We must give credit where credit is due. In fact, even former Singaporean prime minister Lee Hsien Loong actually wrote this on his X account: Saddened to hear of the passing of former Philippine President Benigno Aquino III yesterday. Had the pleasure of meeting him many times over the years, including when he visited Singapore in 2014....

Celebrity Zhang Yingfei's Visit To The Philippines Proves Mandarin Chinese (華語) Is Becoming More Important in the World Market

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Chinoy TV This is a viral Facebook post right now. Zhang Yingfei, who was dubbed as "Linda Walker "in a micro-drama  The Heiress Who Won With Brains . Sure, there are tensions right now between the Chinese government and ASEAN countries. Back then, I remember I was "outstanding" in the Chinese class, in the sense of being disconnected from the Chinese language classes and getting bad grades . It's because the classes were taught in Hokkien , where your only reward was actually passing; the siansi (teacher) didn't spank you with a ruler or do any absurd punishment for compliance, and the foundations were built on dead repetition . Thankfully, the Chinese School Association shied away from the mandatory Hokkien to the  open-house approach . It's because the open-house approach would mean, "You learn Mandarin in the language you already know. Let's teach Mandarin using English or your local dialect." It's like one of our Chinese siansis a...

The Economic Tale of Two ASEAN Youth Unions: Kabataan Partylist and Doan Thanh Nien

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Foreign Trade University Some time ago, I remember writing two posts addressed to Kabataan Partylist. The first was where I addressed that  Kabataan Partylist needs to learn economics from Doan Thanh Nien aka the Ho Chi Minh Communist Youth Union . Doan Thanh Nien literally means Youth Union, which makes it nearly synonymous to Kabataan Partylist . It was followed up by a post where KPL should also learn economics from the HCYU . KPL was established on June 19, 2001, while the HCYU was founded on March 30, 1931 . Both the KPL and the HCYU wear blue shirts or use the color blue. Both groups are engaged in community services, with their recruits like disaster outreach programs, cleaning services, and tree planting. However, one group updated its ideology while the other was left in the dust with outdated ideology . The KPL ideology examined  KPL's ideology can be found written in this KPL Laguna   WordPress blog: It believes that the Philippines, as a semi-colonial and...

School Insults and the Broken Windows Theory Applied

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Vecteezy The 1990s may be over, but there are times I feel like reviewing them. Many times, I feel like the teacher is often the enforcer and the victim of a bad system. You can have a smart teacher, but the same person  is constrained by the work culture of that day. There's this irritating mentality that says, "Sticks and stones may break my bones, but words will never hurt me." mentality. This is like saying insults supposedly have no lasting impact . This reminds me of some incidents growing up. For the privacy of the people, I will not mention their names or the names of the institutions where they took place. In one incident when I was seven years old, a girl taunted me and wagged her tongue at me. I got mad, and I punched her in the eye in front of the whole class. The teacher comforted her and scolded me severely. I said I was insulted and I told the teacher, "Come on, you saw it ." However, the more I look at the work culture of that day, people were ex...