Through the infusion of technology and high quality management from successful countries like Japan, the NIEs, America and Europe their goods and services became internationally competitive. The big problem is that taxes especially income taxes are not collected. Diagrams that Explain the Parliamentary System, Proposed Malolos-style New Constitution Draft, Title II on The Filipinos and their National and Individual Rights and Duties, US Government Shutdown: The Presidential System Sucks, No Parliamentary System, No LKY & No Mahathir, Problems of Presidentialism & the US Exception. Occasion: CONFERENCE/EXHIBITION/MEETING. But if the people understand what economic liberalisation means to them in jobs and wages there will be counterpressure on Congressmen, cabinet ministers and officials. Having suffered at the hands of King George III of England, they wanted the opposite of a strong monarch. 25. To bring myself up to date, I asked for the latest press reports on the Philippines. Rigoberto Tiglao in the Far Eastern Economic Review 3 September 1992, wrote: “There were two waves of Japanese capital investment, both driven by the yen’s strengthening: in 1985 and then in 1987. Share Tweet Email Whatsapp . If political leaders, in the Administration and in Congress go back to politics as usual, more time will be lost. With foreign investors closely monitoring the country for a stable political transition, the infrastructure problem is publicity it can ill-afford.” I understand that the brown-outs have got worse and Makati is back to 5-6 hours a day of brown-outs. The Centre for Research and Communications predicts that in the dry summer months, brown-outs could last as long as eight hours a day in Metro Manila and Luzon. It is possible to weed out corruption provided the top political leaders must set the example and the pace. 2 Filipinos: A Football Legend & A Spanish Prime Minister, Sen. Claro M. Recto on the Presidential System, Crowdsourced Malolos-Style Proposed Constitution, Read This Before Registering to this Site, Dismissing Gridlock: A Case for Parliamentary Systems, How I Came to the Conclusion that the Phils Needs Constitutional Reform, Parliamentary Systems Offer Better Representation, The Anti-People Constitution (from PhilStar), Chan Robles' Copy of the 1987 Constitution, The Parable of the Good Father and National Five-Year Plans, Please read this first before registering. He had been a British subject in colonial Singapore. In the second period, the kidnapping of a Japanese executive in the Philippines, which took six months to settle, was enough to abort more Japanese investment plans.” He went on: “The country lost nearly a decade of growth, and as a result, faces so many problems that some people, even some Filipinos, have started to believe that there is a deep-seated self-destructive combination of political and cultural factors cursing the country.”. 7. Women are equal to men in intellectual capacity.” “Societies which do not educate and use half their potential because they are women are those which will be the worse off.” Speech at … 29. The London Economist said, “Democracy’s future is waiting to be confirmed.” There is absolutely no assurance that the American-style Constitution will produce wealth for the Philippines as it has for America. All Rights Reserved. ‘, 8. 17. Yahoo is part of Verizon Media. 23. This photo taken on April 28, 2006 shows the late Kwa Geok Choo, wife of Singaporean Minister Mentor Lee Kuan Yew, attending at the Foreign Correspondents gala dinner in Singapore. LEE KUAN YEW, DURING THE DEBATE IN THE FEDERAL PARLIAMENT, ON THE MOTION OF THANKS TO THE YANG DI-PERTUAN AGONG FOR HIS SPEECH FROM THE THRONE, MAY, 27, 1965 Lee Kuan Yew | 27/05/1965 I knew Filipino politics in the Marcos era as rumbustious. What do they get for that? Unless these kidnappings stop, most investors will stay away. This has been the experience of Singapore where the Prime Minister is in charge of the CPIB (Corrupt Practices Investigation Bureau). There are more MBAs in the Philippines than in any ASEAN country, both Filipino and US trained. Therefore investors fear that the Government cannot control future budget deficits and inflation. Text of the late Mr. Lee Kuan Yew’s speech taken from the National Archives of Singapore. Second : Concentrate on economics not politics or more accurately, politicking . The Philippines must press forward with fiscal reforms which President Aquino began in 1991 under IMF conditionality. It found that while Singapore paid its civil servants one of the highest salaries in the world, they also had the least amount of money in their bank accounts among politicians in the region. Products were poor and growth was slow because there were monopolies and no competition. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Constitutional Reform First before claiming Sabah! Even Vietnam will overtake the Philippines. One problem is the Philippines has an American-style constitution, one of the most difficult to operate in the world. Should the Philippines Turn Parliamentary? A few years later Indonesia also changed policies. 26. It’s about time we finally learned best practices from them which they have been more than willing to share. Third : Build up your infrastructure, like power stations, roads and communications, either in partnership with or completely by the private sector. You must expect domestic vested interests to exploit the political system to slow down economic liberalisation. The tariff barriers had been a major element of an intricate web of regulations that have shackled Philippine entrepreneurs and only nurtured the favoured few cartels and monopolies, from banking and telecommunications to shipping – who have thrived through their privileged access to licenses, franchises and concessional loans.”, 16. The American Forces have left Subic Bay. Thailand and Malaysia started to deregulate and liberalise. To bring myself up to date, I asked for the latest press reports on the Philippines. In this speech, Lee Kuan Yew had clearly given solid bits of advice to the audience as well as to all Filipinos, and it is this particular speech from whence the famous words “ I do not believe that democracy necessarily leads to development. Then the world will soon change its views of prospects for the Philippines. Malaysia and Indonesia have reduced their budget deficits to 2% of GNP or less since 1987, to less than a third of previous deficit levels. There must be a cleanup of racketeers in the police, whether for kidnappings or other crimes. Dismantle the web of measures which keep out foreign companies and make Philippine companies compete to survive, not thrive at the expense of ordinary Filipinos. The laws against corruption should be tightened to shift the onus of proof on to the person who possesses more assets than his income warrants. Nápoles & Pork Barrel: It’s the Lousy System. They wrote the constitution in 1787 and ratified it in 1789. Being true to himself was one of the many strengths of Lee Kuan Yew. First : Restore law and order. In 1973 the then President Ferdinand Marcos, using his martial law powers, ordered all telephone subscribers to invest in preferred shares of PLDT before they were issued a phone line. He has sacked some senior police officers and removed others to less sensitive positions. Nancy Binay – Don’t hate the player, hate the game! Speech by former Minister Mentor Lee Kuan Yew and current Senior Advisor to Government of Singapore Investment Corporation at the Ford Theatre's Abraham Lincoln Medal Award Ceremony in Washington DC on 18 October 2011 Mr Wayne Reynolds, Chairman of Ford's Theatre Mrs Catherine Reynolds, Chairman and CEO of The Catherine B. Reynolds Foundation Lee Kuan Yew – “The Impossible Can Happen!” Lee Kuan Yew was the first and longest-serving Prime Minister of Singapore. Alas, even nature has been unkind. The second task is to free the economy from controls and monopolies. MR LEE KUAN YEW'S EARLY YEARS. Moreover, Lee Kuan Yew also made mention of the inherent weaknesses and disadvantages of the Philippines’ stubborn use of the American-style Presidential System with its gridlock-prone and shutdown-prone Separation of Powers. Noynoy Aquino clearly was not interested in making any amendments at all, even if several of his own party mates tried to introduce reforms akin to those of Estrada which were focused solely on the economic aspect of removing the anti-FDI restrictions in the Constitution. President Ramos tried and Philippine Mass Media demonized his attempts through the use of fake-news and spreading of falsehoods. Lee Kuan Yew’s speech @ NTUC’s 50th anniversary dinner. Print. This problem must be put right urgently. The implementation of policies did not match their presentation. This can be a start of what should be a part of a wider strategy to cut down corruption. He would like to abolish all remaining quantitative restrictions on trade. 1. Lee Kuan Yew had to make tough decisions throughout his life, but he did what he did to build a nation. Lee Kuan Yew (1923–2015) was a Singaporean political leader and one of the great statesmen of the post World War II-era. Some Filipinos wrongly took exception to this in the 1990s, but starting in the late 2000s, Lee Kuan Yew’s wisdom had become much more popular among Filipinos after years and years of mediocre economic progress resulting from our country’s inability to move over to much better ways of doing things. The second task is to free the economy from controls and monopolies. It was his leadership that transformed Singapore from a third world country into a thriving metropolitan city in just three decades. National Archives - Interview with Lee Kuan Yew - National Security Council. One daily recently suggested that relatives of kidnap victims ask police how much the ransom is. Unlike these countries, the Philippines can pull itself together and get on with the job. NRI (Nomura Research Institute) in the Asia Pacific Economic Outlook third quarter 1992, reports on the Philippines page 28, “, Text of the late Mr. Lee Kuan Yew’s speech taken from the. It starts with having a core group of united leaders with strong morality and integrity at the top of the government. In fact, his grandfather wanted him to become an English gentleman! A US-style constitution failed long before Marcos declared martial law. Filipinos should not tolerate a slower pace of liberalisation than what their ASEAN partners have achieved, especially Thailand and Malaysia and now Indonesia. Why are the Monsods so anti-Constitutional Reform? TRANSCRIPT OF THE PRIME MINISTER, MR LEE KUAN YEW'S SPEECH AT THE POLITICAL STUDY CENTRE ON 16TH AUGUST, 1964, IN CONNECTION WITH THE SEMINAR ON "THE CONCEPT OF DEMOCRACY" ORGANISED BY THE JOINT COMMITTEE FOR RADIO COURSES. 19. About 50% of Filipinos earn less than subsistence wage. With their combined investments and with the value of preferred stock greater than common stock, subscribers in effect own about 92% of the company. Infographic: Solutions to the Root Causes of the Pork Barrel, Forum of Federations: Videos for Learning about Federalism, The Philippines is run like a Mafia Network, Tables and Ladders (Exposing Esposo, Part 2), A Good Constitution Must Reduce the Impact of a Bad Leader, Foreigner: Pinoy Inability to Improve is due to Escapism. They cut their budget deficits which brought inflation under control. 18. 5. Next, Filipino savings must and can be raised. Filipinos are fluent in English, and the use of English is widespread. What is needed is confidence, the confidence of investors, Filipinos and foreigners, that the government and the people are determined to get themselves out of the hole they are in. They hold their jobs on merit. TOM RODRIGUEZ is a solid Constitutional Reform advocate! The president will have to show political skill and courage to cut a way through the conflicting interests of businessmen and the people. Correction, March 22, 2015: Lee Kuan Yew died at 3:18 a.m. Singapore time on Monday, March 23. There will be no foreign military presence to conscribe the growth of the Filipino nation. Former Prime Minister Lee Kuan Yew of Singapore, often described as the "shrewdest politician of the region," was the head of Singapore's Government since 1959. NRI (Nomura Research Institute) in the Asia Pacific Economic Outlook third quarter 1992, reports on the Philippines page 28, “Huge losses suffered by the industrial and commercial establishments due to the electricity shortages and the scheduled power blackouts averaging 7 hours a day could not have come at a more inopportune time for the country. In this speech, Lee Kuan Yew had clearly given solid bits of advice to the audience as well as to all Filipinos, and it is this particular speech from whence the famous words “I do not believe that democracy necessarily leads to development. 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