Do you think Philippine economy will recover in 10 years time?

Answer 1

Ever since I can remember we've always had a 10-year economic recovery program and every year, we seem to have a newly-written one. I guess these bright minds are more concerned about planning than actually doing (or putting it to action). "hanggang plano-plano lang, kulang sa gawa"

Indeed, on paper, they always look good and very doable. Yet, we hardly see any noticeable results. "Ningas cogon" - there's always the excitement at the start and then boom, we come to a complete halt and disinterest sets in. "kulang sa follow-thru, kulang sa pukpuk, kulang sa disiplina" We just don't have the discipline to see our programs through completion. At the first sign of a stumbling block, we fold.

Yes, it is very possible for the Philippines to realize an improved economy within a 10-year period, but from what year do we start? Are we still waiting for the right president to lead us? How much longer do we have to wait for the right leadership?

"Naghinhintayan yata tayo sa wala." I dread to think that we are waiting for nothing.

Answer 2

I could tell you that the Philippines would catch up with our economically well-off neighbours in SE asia in 10-20 years time... but I would be lying.

The problem, I think does not lie solely on the leadership / government. The people has a big chunk of the blame here. In a country where the one who gets away with cheating is widely considered the smartest, it's hard to see any light at the end of the tunnel in the nearest future.

Think about it... a guy hops in a bus or jeepney. He's thinking of how he can cheat his way into paying less. The driver is busy trying to figure out how to load and unload passengers where it's not allowed. The cop on the street is preoccupied with how to get the juciest bribe. The pedestrians are checking if the cop is not looking so they could jaywalk. The streetvendor is putting a sign which says "20 pesos per kilo-bag" of calamansi on bags that contain 3/4 of a kilo. The cigarette vendor right beside the calamansi vendor is selling cigarettes to minors. The minors are cutting classes and would play video games instead. The video game attendant is operating a business without a license. The licensing people are going home from work 2 hours before they are supposed to. The tricycle driver is picking up the licensing people.... you get the point.

This chain of events / circumstances is considered somewhat an unavoidable reality in the Philippines to the point where the common Filipino no longer see the wrong in it. And this is being passed on to the next generation.

I honestly hope that our country would one day be an economic force to reckon with, such as what Thailand and soon, Vietnam, has become. I just do not believe we'll be alive when that day comes. Maybe our children would do it better than us. Let's hope so.

Answer 3

No..never in 100 years until a Filipino president is sitting in Malacanan and the same old trapos and dynasties are running in public office..

Plus, unless the Comelec and election laws are not replaced..corruption will never stop.

1. Phil presidents salary is Php 5 M for 6 year term, but a candidate is allowed to spend Php200M during campaign. where in the hell would he get the funds and how can he recover that if he will not corrupt?
2. Phil Senator salary is Php2.5M for 6 year term but he is allowed to spend Php100M during campaign..that does ont included undeclared expenses..

With those scenarios in Phil? Would you think the economy will recover in 1000 years?

Even a first grader will say NO..

Answer 4

Of course! Any country can progress in 10 years.. but in Philippines, I strongly believe so. We only need to get rid of corruption which takes decades and probably civil war! Choosing the correct president is not a complete solution.. if we check our local government employees, they do a lot of corruption too.. those who are on low level make small but huge/various corruptions. I can not even take it and because we are too stupid of not reporting and since we have few chances of correcting them we simply let it be. I think it is better to hire an independent auditor or investigator/detective then show to public. rude but what to do!

Answer 5

much faster than that, if we have the discipline as a people to do so... We are on the right path i think... we have been under scrupulous politicians for decades and now we know better. we have safeguards now, ourselves. The Filipino, although not everybody yet, has little by little began choosing its public servants that may be good for the country.
I also think its only a matter of time that the country might prosper (by eliminating poverty) if only all the Filipinos believed in themselves.

Answer 6

The problem is there is no continuity of government programs from one president to the succeeding president. The best you can do is to lobby strongly for the continuation of programs, projects that have been started half-way. Ten years is too long for a president to plan when the term of office will end in six years.
The way I see it, ten years from now, we will still be half-way of our dreams because everything will start all over again once a new president takes over.

Answer 7

Hopefully... if only there would be no corrupt officials in our government... and if all Filipinos would be educated, and would help each other then our country's economy would recover even it wouldn't reach ten years time...

Like the the Marcos era, Philippines was the 2nd richest country in Asia...

but now... )-:

Answer 8

" BRIC boom thats on-going " ---- what?
Please write in English or give the meaning of the ACRONYM BRIC.

Yes, in ten years time, if Dick Gordon becomes the President of the Philippines in 2010, and reelected again after his first term. If JDV won't push for CHA CHA and no more Coup d'etas and no more Muslim Extremist treat. Our country would have a chance in 10 years time.

Answer 9

I'm not quite certain what the Phillipine economy is recovering from. I would imagine that if they could keep a reasonably stable government, that they would be caught up in the BRIC boom thats on-going.

Answer 10

I dont think so, Philippine & Indonesia have the same worst problems. Both are the last numbers in Asia which have been listed as the most corrupted states in Asia.

http://en.wikipedia.org/wiki/List_of_countries_by_Corruption_Perceptions_Index