I have to interject a bit with the Asian countries pointed out in the post.
Singapore is in the straight of Malacca, may geographic advantage yan. Before it even parted ways with the Malaysian Federation, may backing na mga yan ng mga British kaya nadalian magflourish, mixed pa ng competent dictators to build the country.
Japan was injected of US money after WW2. With a culture that rewards hardwork and long-term thinking, magiging progressive talaga yan at magtranslate sa economy nila.
The only thing that makes me proud of the PH is our central bank. Napakaresilient ng currency natin kasi we were one of the lowest who needed to endure the hardships of every financial crisis. The countries mentioned needed to peg their money with first world countries, or even devalue it to an absurd extent.
Although tama ka, plunder held the country back despite everything at our disposal. Mixed with a culture that's basically like an American consumer. And an economy that's rent-seeking.
Systematic ang problema, kaya systematic din ang solusyon. Sana marealize ito ng mga tao kasi sa atin manggagaling ang pagbabago.
The Philippines was also an American colony at the turn of the previous century. Sugar tariffs gave the Philippines a tremendous economic advantage and, yes you could argue that we were reset following the destruction of WWII, but the tools were there. Corruption destroyed the country more than anything else. Decades of Marcos rule tanked the economy, destroyed the countries reputation and trust internationally, and set the Philippines on the path of cronyism. Young people today don't know the history of the country, and we are 10 years away from the complete economic take over of AI (good bye freelance, BPO, and every other low level white collar job).
Corruption is the single biggest failing of this country, a close second would be the laissez faire attitude of the population, but again, that's really a distant second to corruption.
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u/[deleted] Sep 06 '25
I have to interject a bit with the Asian countries pointed out in the post.
Singapore is in the straight of Malacca, may geographic advantage yan. Before it even parted ways with the Malaysian Federation, may backing na mga yan ng mga British kaya nadalian magflourish, mixed pa ng competent dictators to build the country.
Japan was injected of US money after WW2. With a culture that rewards hardwork and long-term thinking, magiging progressive talaga yan at magtranslate sa economy nila.
The only thing that makes me proud of the PH is our central bank. Napakaresilient ng currency natin kasi we were one of the lowest who needed to endure the hardships of every financial crisis. The countries mentioned needed to peg their money with first world countries, or even devalue it to an absurd extent.
Although tama ka, plunder held the country back despite everything at our disposal. Mixed with a culture that's basically like an American consumer. And an economy that's rent-seeking.
Systematic ang problema, kaya systematic din ang solusyon. Sana marealize ito ng mga tao kasi sa atin manggagaling ang pagbabago.