Wednesday, November 26, 2008

Post-ponement

My sincerest apologies but I might not be able to blog until after this week.

Please check back on my old posts on (my) analysis of the waves of Philippine Business
.

There are lots of ways to look at it, so it's always up for debate.

If there is one thing though that needs to be done for the country to get to a more sustainable path of economic growth, it's to "pump-prime" the agricultural sector and to build better infrastructure like national highways, roads, bridges. When I say pump-prime, it shouldn't be a 10-year goal.

If we wait 10 years for all the projects to finish, no real benefits will be felt due to the burgeoning population. Population also needs to be controlled.

If we were to group countries in the world into just two groups, they would be the industrialized and non-industrialized countries. What sets them further apart is how one country was able to migrate from being an agriculture-based country to an industrialized nation. One interesting country though, is Brazil, which to my knowledge, is a net exporter of agricultural produce. I am sure that means pretty good GDP figures.

This is not to say that we shouldn't give incentives to sectors like power, utilities, and of course, the BPO sector. But with so much private investments particularly in the field of BPOs, I think the government should focus on giving more incentives to agriculture. Growth has to be decentralized from the NCR region.

I am of course, assuming that there are still available funds in the government to carry that out.

Thanks for dropping by once more. See you, dear readers, soon!

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