Results 1 to 2 of 2
  1. #1

    Default Philippines ranked 6th in world for Marcos era-like crony capitalism


    Kung nagbasa mo ani karon nga thread, usa na mo sa daghan Pilipino parehas nako nga nagpuyo gihapon sa kalisod. Kung ganahan mo masayod nganong nagka leche2 ni atong gobyerno karon bisan ug hapit na 30 ka tuig kapin na ang milabay sukad ang People Power. Padayon mo ug basa. Pero sagulan sad nako sa akong opinyon kini nga issue.

    Nganong 6th na man ta? Tungod kay wala mibanaw ang dugo sa panahon sa EDSA People Power. Kung adunay mga nakalas nga kinabuhi sigurado ko wala pay 30 ka tuig milambo na ning atong nasod. Lisod ang aftermath kung adunay bloodshed pero dili ingon niana kadugay ang pagbalik ug barog sa atong ekonomiya post-Marcos.

    Nagpabilin kitang pobre kay ang mga crony wala man nangamatay. Nigamot sila ug pag ayo sa mga dagkong pwesto sa gobyerno ug mga dagkong kumpanya. Ilang giusab ang constitution para sa ilang kaugalingong interes. Ug kintahay nangamatay sila, puros mga young blood ang nagdominate unta karon sa gobyerno. Ug kung bata pa, mga radical, gusto ug pagbag.o ug dinalian kini.

    Karon kay naa pa sila diha, ang kwarta magtuyok ra na sa ila. Kita sinsilyo ra atong madawat. Mao na nga dapat atong bukhon atong mga mata. Let's push for charter change. Allow foreign investors to obtain 100% ownership for businesses here in the Philippines. Luoy kaayo kitang mga uyamot, maningkamot lang maka abroad ug biyaan pa ang pamilya kay dili kuno kasuporta ang atong ekonomiya sa ato. Dako kining bakak. Ug kahibaw ba mo unsa gipasweldo sa mga senator aron matak.om na ilang baba gikan sa mga lobbyists? Mao nang Malampaya, Fertilizer fund scam, pork barrel etc. Ug kita? Sige lang ta ug tan.aw sa TV nga murag nagsubay ug teleserye sa kaso nilang jinggoy, revilla, nga kung bright pa lang mo sa tinuod lang wa nay kahumanan. Maayo pa mutan.aw na lang mo ug sine kay masulit pa inyong kwarta nalingaw pa mo. Your vote will not count and will never be. You need to wake up.

    "The Economist ranked the country in its list for having huge crony-sector wealth, created by rent-seeking practices of the wealthy.

    "In technical terms, an economic rent is the difference between what people are paid and what they would have to be paid for their labour, capital, land (or any other inputs into production) to remain in their current use," The Economist's print edition explained.

    It also simplified the behavior of rent-seekers as "grabbing a bigger slice of the pie rather than making the pie bigger."

    The results revealed that the Philippines rose to sixth from ninth in the world since 2007 for a rising share of crony sectors in its Gross Domestic Product, currently at about 13 percent.

    The Philippines recorded an economy heavily fueled by rent-heavy industries and wealth of dollar billionaires invested in such rent-seeking sectors, including the following:

    Casinos
    Deposit-taking banking and investment banking
    Infrastructure and pipelines
    Real estate and construction
    Oil, gas, chemicals and other energy
    Steel, other metals, mining and commodities
    Utilities and telecoms services
    "The higher the ratio [of billionaire wealth to GDP], the more likely the economy suffers from a severe case of crony-capitalism," the report noted.

    The industries are also said to be vulnerable to monopoly or requiring state licensing, which makes them a likely venue for graft and bribery, it added.

    " quoted from philstar and the economist
    To improve the country's ranking, The Economist suggests that government tightens antitrust rules, improve regulation and boost competition among rent-heavy industries.

  2. #2
    haha wla pa cla nakamatngon na gi plastar na tanan paghawa FM gi pahimuslan lang sa ni puli.

  3.    Advertisement

Similar Threads

 
  1. Replies: 532
    Last Post: 03-17-2012, 11:52 AM
  2. NAIA voted worst airport in Asia, ranks 5th in world
    By stew_griff in forum Politics & Current Events
    Replies: 29
    Last Post: 04-15-2011, 09:05 PM
  3. Philippines ranked 85th among world’s most networked economies
    By ian_1983 in forum Politics & Current Events
    Replies: 0
    Last Post: 04-02-2009, 11:57 PM
  4. Philippines further down in world economic competitiveness
    By ian_1983 in forum Business, Finance & Economics Discussions
    Replies: 3
    Last Post: 11-24-2008, 11:52 PM
  5. Replies: 6
    Last Post: 03-13-2008, 08:45 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
about us
We are the first Cebu Online Media.

iSTORYA.NET is Cebu's Biggest, Southern Philippines' Most Active, and the Philippines' Strongest Online Community!
follow us
#top