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Can the Philippines ever become a first world country?

Asked by: Mexecutive
  • Philippines had already made it before

    After the destructive World War II, the Philippines showed a significant rise on its economy. Say it was because of the American's support to their brown allies, but it was the Filipinos who managed to maximize its resources.

    During the post war era, the Philippines was the biggest economy in Asia (if the writer would correctly recall). The country topped its Asian neighbors in terms of economic activity, infrastructure, education, manufacturing, to mention some. It also topped in terms of technological advancement. The Philippines can be described as at par during the era when it was supposed to have a shrinking economy.

    Yes, Philippines, at this point of time, might be poor, but its present economic performance shows that it is growing despite recession in the Southeast Asian region. That is a clear sign that the Philippines is stable-that it can still manage to hold its economy. For what it is dubbed as the "Asia's Economic Tiger?"

    Plus, a good number of multi-billion dollar investments are going in the country every now and then. So it means to say that although the country has been known under the negative light, businessmen are confident enough of putting their ventures here. Thanks to its skillful people-who are also very hardworking and hospitable.

    The Philippines has a very big chance to become a first world country, as its current economic growth shows signs that it is preparing to take back its olden glory. The effort is now seen and felt. Let's just behold and see. :)

  • Philippine Workers can handle anything

    The Philippine citizens can manage any role at any work place. With the proper coaching, training & education, combined with solid laws governing the nation & moral ethics & discipline, we could bring a community that would bring the best in us & provide the right standards of human life.

  • Of cource yes

    I think its important to analyze their economic stability. This country has provided international business for over 2 countries that i know one is uae and the other qatar. The business they have provided is there people where they go and join in a job, this in fact is really singnaling something out to their country about money. Their poplulation in these two countries are increasing dramatically out of control. Believe it or not where ever i go i see them. Are they here to make money and send it to their home country or what? For sure yes

    Posted by: Wac
  • Philippine Economy's Continuous Growth

    It wouldn't come as a surprise if that happens. The Philippines' economic growth momentum is higher, and is expected to grow seven percent this year, according to reports. It continues to thrive despite the fluctuating growth in Southeast Asia. Two factors that the International Monetary Fund (IMF) has seen that contributed to the country's robust economy are: (1) "robust consumption," "resilient remittance inflows." Also, given the improving employment rate due to the advent of the Business Process Outsourcing (BPO) industry, providing a 35% growth in employment by the end of the year. The industry is expected to bring in about $25 billion in revenues at the end of Q4.

    Nielsen revealed earlier this week that the Philippines ranks as 2nd most "bullish consumer market," next to Indonesia.

  • Nationalistic sentiment can breed economic gain.

    I would argue that the Philippines, being a democratic government, can achieve a first world status provided that both the government and the mass citizenry work together for both social and economic development, along with the participation of the private sector. There's no harm in saying that by having another set of leaders, the nation can move up.

  • I believe so.

    I personally believe that the Republic of the Philippines will ameliorate it's condition in the near future. Our public servants are working hard to address the issues that our country faces today, and we Filipinos are also needed to help in our own way to make this a dream come true.

  • I believe so.

    I personally believe that the Republic of the Philippines will ameliorate it's condition in the near future. Our public servants are working hard to address the issues that our country faces today, and we Filipinos are also needed to help in our own way to make this a dream come true.

  • Yes because, you do know that the Philippines' GDP per capita is improving, right?.

    The Philippines is also improving through:

    Economy
    Money
    Strength

    ... So this kind of means that the Philippines can become one of the
    "Great Powers" of the world!

    The Philippines is also a new industrialized country in Asia together
    with China and other countries like north korea.

    And the philippines is also and ally of the united states, japan, S. Korea and almost all countries! (has an embassy in more than 35 countries)

  • Yes because, you do know that the Philippines' GDP per capita is improving, right?.

    The Philippines is also improving through:

    Economy
    Money
    Strength

    ... So this kind of means that the Philippines can become one of the
    "Great Powers" of the world!

    The Philippines is also a new industrialized country in Asia together
    with China and other countries like north korea.

    And the philippines is also and ally of the united states, japan, S. Korea and almost all countries! (has an embassy in more than 35 countries)

  • Philippines as One

    Actually, economic prosperity can be done in the Philippines,
    the Philippines is larger than some of the 1st world countries in Asia, which makes the Philippines assured for economic prosperity in terms of territory, however, with the territorial dispute with China, we cannot easily solve this issue, unless we embark on peaceful oral arguments with China, engaging on different kinds of treaties/organizations with China, emerging us to be China's ally, if we are China's ally, we can be sure that we have military support from China, since China's close allies are the world's leading military-based countries, and we can strengthen our relationship to an extent of an ally, not of more intimate/indoor talks, just allies.

    We can add more projects to improve the current state of the Philippines, including projects concerning garbage, malnutrition and beautification of the over-all look of the Philippines, and mass hiring for cleaners/social workers.

    We could also receive investors from different parts of the globe, by using smart tourism, again, by beautifying the country.

    Now, for the Mindanao dispute, we can give them an autonomy, but we sure should get some certain benefits, like military support from Mindanao, and beautification and making Mindanao a prominent area in Asia.

  • Poor infrastructure and urban development planning

    The massive transportation woes being experienced now will only become worse. Let's backtrack to another Asian country 50 plus years ago, Japan in the late 50s and now see how there planners developed transportation infrastructure. We as a people don't have that mental vision and collective discipline to see where we want to be and become 5 to 10 years from now.

    Perhaps we set the standard too high for the Philippine government. Let's see another Asian country and ASEAN partner , Look at tiny Singapore see there urban developement and public transportation infrastructure.

    The Philippines will always be a third world country and always be the sick man of Asia. Good job GSIS!!!!

  • Hell no lol xd

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  • Hell no lol xd

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  • Hell no lol xd

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  • Honestly, it'd be better to...

    Have the Philippines be controlled by a first world country for awhile. Personally, I have only read a little about how the politicians are in the country and it seems as if they have a very toxic voting environment where they encourage poor people to vote for them by bribing them-- and if you consider that millions of Filipinos are homeless, given how long this has been going, it's clever in itself. While this works to feed a poor family, you give up your freedom in order to prevent your family from starving and it works because poor families worry about living the next day instead of years from now.

    If it's not that, it's the mindset of Filipinos themselves for being so careless in the voting process: voting for celebrities, famous last names, comedians-- how ridiculous! There needs to be more people who care enough to vote and every candidate. It would be tedious and might seem like it would do nothing, but at the same time, if thousands of people were to do this and find dirt on the candidates, it'd be easier to see which individuals are in it for the money and who's actually running to make the country better, and the votes would slowly add up for the ideal candidate.

    With all the technology everyone has now, it is possible to do all this but no one is doing anything because they don't think their contribution will do anything. Rome was not built in a day: it took awhile with a combined effort. Now if people in the country could stop whining because the people working overseas aren't bringing in enough money and do the best with what they can in their workplace and education, the country today would be a first country with all its natural resources.

    If people worked hard like Korea did after their own war, would have ended up with a economy like or even better than South Korea as of today. Instead, the Philippines has been rapidly declining in terms of potential since and I'm afraid that its natural resources (a.K.A basically what the country lives on) will be depleted after 50 years and the people left there will be left to die unless a country strides some shady deal with us. And if the people continue to act in a way that serves them for the present than the future, there is no hope for a better Philippines.

    Maybe the best way to solve this conflict is to hand off power to another country, while cutting a deal that says "you can use x resources we have but after x years, the country needs a sizable economy within x years". While that plan is in session, the growing economy can sustain stricter laws for education and possibly some updated technology. That way, under the control of x country, the Philippines makes future leaders that handles the country better and break the cycle of corrupt politicians running the country.

  • The Poor People Who Think They'd Be Poor Forever

    Election comes....... New president who says he will improve the economy...... 3 years pass by....... Poor people would say: " WHERE IS THE MONEY THE NEW PRESIDENT PROMISED US???!!!" I would love to tell them: " WHAT THE HELL HAVE YOU BEEN DOING FOR THE LAST 3 YEARS???!!!" The people would slack off or do nothing but whine because they don't have money. I'm not saying all people are like this, but I just want to tell you that we should eradicate this mentality of poor in order to make the Philippines first world, but this won't actually happen to be honest.

  • Not in any of our lifetimes

    I'll say first I love the place and wish it well. I wish Filipinos would love their country as much as I did and they wouldn't mistreat it so much. When I first got three in 1992 there were signs everywhere "Philippines 200", suggesting first world status by that year, just 8 years away. But everyday Ii went home there was no power, and it stayed that was for 8 hours a day. President Ramos did a good job to gt power operating again quickly.
    The problems faced are:
    1. The best people leave. Productivity will never improve while OCWs are encouraged as heroes. These people, through their skills, are also able to migrate - and they do;
    2. Reliance on remittances. While this is useful money to the Philippines, it creates a culture of entitlement and laziness. Too many people put pressure on the OCW to send money home for the family, and the money is not used productively, but wasted on flashy items like Iphones, plus for drinking and gambling. How many OCWs receive requests for money for nieces and nephews schooling, only to get feedback that tito Bong won x amount at Jueteng, or the lechon bought for the fiesta, but never hear that the kids graduated. It leads to a culture of dependence instead of work.
    3. Foreign Investment unfriendly. Any developing country without enough of its own money needs foreign investment or to borrow if it is to start new industries of the future. Companies and moneyed venture capitalists are reluctant to invest when only allowed a 40% share. Who would accept that? The same for land. What is the Philippines worried about with land, its not like the foreigner can take it home with them.
    4. All the obvious things, infrastructure, slow approval processes, personal security etc.
    5. Short-termism - Political corruption is covered by this, but while I blame the political class themselves, more blame needs to go to the voters themselves. Peso 100 today for a vote is better than having a cleanskin in Government. Don't blame political corruption when you voted for them. Also covered by this short term vision is that the population are easily distracted by celebrity and gossip.

    There are other problems, but, I never see the Philippines making it to developed status. And that's a real shame because I would love to see it.


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