Posted tagged ‘business’

NEO-NATIONALISM’S PREMISES & CONTENTIONS / People are the most important assets, revise accounting systems!

February 17, 2015

NEO-NATIONALISM’S PREMISES & CONTENTIONS / People are the most important assets, revise accounting systems!

 

Erle Frayne D. Argonza

 

 

The prevailing mindset perceives assets in terms of physical assets (estates, chattel, monies). Ownership is then defined in terms of right to control and dispose of such assets. Wealth is computed in terms of the values, calibrated through price, created through the utilization of the physical assets. For a while, the classicists introduced the notion of ‘labor theory’ of value, premised upon the value-producing powers of labor. But the efforts of the classicists failed to get translated into acceptable accounting systems, as such systems have always been based on physical assets and prices.

Look at what is happening among various agencies, especially business firms: there is a lot of ‘pirating’ of people going on among them! Likewise are there efforts to retrieve those same people ‘pirated’ by competing agencies. The same event holds true for the state and NGO sectors: ‘piracy’ on grand scales! This phenomenon is a clear manifestation that people, not physical assets, are the most important of all in an organization. When an agency loses good personnel, the effect is instantly debilitating, a debilitation that can be offset only through the timely arrival of replacements who are as good as the ones who left. The converse is also true: when an agency needs people to shore up its output levels, ‘pirate’ high-achievers from other agencies most especially those who have “made a name” in the sector concerned. The piracy of people in the entertainment world is even more instructive in indicating to us the central import of people, not physicals, as value producers. We need not belabor the point that the ‘piracy’ strategy comes often in the form of higher pay scales and incentives.

That is why it pays so much to manage people well, and to design new organizational principles that would bring out the maximum potencies of people most specially the highly talented ones. Bureaucracies have become outdated dinosaurs, as ‘flat organizations’ have become the wave of the present: the new organizations make plenty of room for self-initiatives, resourcefulness and innovativeness by good staff. Bureaucracies, which follow from only two principles—vertical (hierarchy) and horizontal—can stifle innovativeness, as experiences have shown. The ‘task master’ mindset and ‘boss mentality’, as well as the excessive stress on routinary processes, have turned off many achiever personnel most specially the highly talented ones whose nature of work is ‘symbolic/analytic’ (to use Reich’s term). Today, new principles are emerging that are leading to a massive ‘re-engineering of the organization’, such as Total Quality Management or TQM, web organizational structure, team work principles and ‘human resource empowerment’.

Yet inspite of such revolutionary changes and explosion of amazingly appropriate principles about organizations and human resources, no changes are happening in the accounting systems that can correspondingly reproduce the organizational principles taking place. The only appreciable concept is that of GDP Purchasing Power Parity or PPP, which computes total income on the basis of purchasing power of local consumers relative to those of the world’s strongest economy. Using the GDP-PPP, the Philippines’ GDP stood at $379 Billions as of the end of 2003, with GDP-PPP per capita at around $4,600 more or less. (See The World Factbook, 2004, for such index reports.) But this indexing does not in any way address the accounting question raised here.

Should the notion of ‘human capital’ become popular, the accounting system should consequently follow. The notions of ownership would then change, indicating the revolutionary implications of the paradigm shift. Those pretending ‘radicals’ of the day, many of whom are steeped in 19th century socialist thought, tend to view the asset realm from the focal lenses of antiquated Victorian-era ownership concepts, and are no less conservative than the oligarchs they sordidly hate. They offer no radical solutions beyond changing (antiquated) asset ownership, strategies that eventually stifle innovativeness and human expression, as criminal Stalinist regimes have shown. New Nationalism must take on the challenge of presenting a far more revolutionary concept that can, in the end, contribute to evolving a strong base of ‘human capital’, ‘social capital’ and ‘strong nation’.

[From: Erle Frayne D. Argonza, “New Nationalism: Grandeur and Glory at Work!”. August 2004. For the Office of External Affairs – Political Cabinet Cluster, Office of the President, Malacaňan Palace.]

Advertisements

ZAIBATSU GLOBALIZATION ‘VOODOO ECONOMICS’ BOWING OUT

November 3, 2014

ZAIBATSU GLOBALIZATION ‘VOODOO ECONOMICS’ BOWING OUT
Erle Frayne D. Argonza

Magandang hapon! Good afternoon!

Let me share to you at this moment some notes regarding the ‘globalization’ experiment and the flawed policies that sustained it. There has been much ballyhoo about the global economy’s integration, over the last three (3) decades, as having been carved out supposedly by the Anglo-Saxon policy architects, using Thatcher & Reagan as the face for the ‘neo-liberal’ policy regime they installed.

Little do peoples across the globe, including experts who are so mired in their own parochial perspectives, know that the liberalization of country economies has a great deal to do with the Zaibatsu offensive. The West should better accept the facts: that their technocrats and policy shapers have run out of fresh ideas since the 1970s onwards (i.e. mentally bankrupt), a gap that they filled up by looking up to Japan and the NICs (newly industrializing countries) for copycat purposes.

Reaganomics, as neo-liberal policies of ‘privatization’ was dubbed (Thatcher of the UK preceded Reagan by a year), is as voodoo as one can get, seductive as any enchanting mantra-resonating principle can be, and was indeed potent in erasing the vestiges of the Regulated Economics doctrines that preceded the era. In the emerging markets, they were dubbed as ‘structural adjustment policies’ or SAPs, were imposed by the IMF-World Bank Group on debtor nations, and can be summed up as follows:

• Core principles: Privatization, Liberalization, Deregulation
• Subsidiary Principles: Tax reforms, trade liberalization, free floating exchange rates, diminished state subsidies for welfare, increased utility prices (revenue generation)
• Governance Principle: Decentralization (local government autonomy)

Such policy reform measures, as far as developing countries or DCs were concerned, came in as very harsh, cruel ‘austerity measures’ imposed by the IMF. We citizens from the ‘margins’ can never forget these measures, the pauperization that they effected, the dislocation of marginal producers, the decline of health services and rise of morbidity rates, and so on. In the Philippines, our very own capital goods industries were either delayed or un-implementable (such as integrated steel), as the money allocated for their purposes simply dried as dictated by the World Bank.

But there’s another set of policy architecture that wasn’t Anglo-Saxon, and didn’t receive their inspiration from the classicists (Smith, Ricardo) and the monetarists (Friedman, Hayek). This set of liberalization policies came from Zaibatsu country, and were crafted by Japanese technocrats. Not only policies, but also institutions were addressed by them, giving rise to the globalized economy that we have today.

Chief among those technocrats was Kenichi Ohmae, who in the 1980s was a think-tank executive. Further down the line were many other technocrats, who were organically linked to the Zaibatsus (landlord-industrialist-financier oligarchs), taking up cudgels for Ohmae.

Globalization, as one better realize, was never meant as any ‘win/win’ formula for nation-states in the arena of international trade as the liberal thinkers came to defend it later. It was outright a strategy to pre-position Zaibatsu corporate interests outside of Japan, notably the U.S. and European markets.

At that time of conceptualization, Zaibatsus have already efficaciously penetrated the Asian markets, and had leveraged their investments’ entry via aid and technical knowledge diffusion (including sponsoring Developing Country scholars in Japanese universities & special institutes). The old doctrine of ‘Asia Co-prosperity sphere’ was finally won, without firing a shot this time (unlike Imperial Japan era expansionism).

In the 1980s, the clamor for mooring investments and trade in the Western markets became ever stronger. The offensive tactic adapted was rather two-pronged, which made the new voodoo mantra even more potent:

• On the micro-level, permeate other markets with new concepts such as ‘Theory Z’ (decentralized authority, see W. Ouichi), total quality management or TQM, new tools for strategic planning, mergers and de-mergers. Till these days, the tools are considered sacrosanct in all sectors of society, including the Catholic Church that now uses ‘bottom-up’ planning added to strategic planning (my observations done in 2001-02 in a California diocese).

• On the macro-level, blend the Reagan-Thatcher ‘structural adjustments’ with the ‘globalization’ doctrine. The Zaibatsu technocrats fanned out across the globe, some of whom were positioned inside international bodies, and sweetened liberalization via a supposedly ‘win/win’ growth strategy for participating countries. This brilliant blending, which Western thinkers didn’t perceive at all as any subtle tactic by a predatory class (Zaibatsu), soon caught up fire and became buzz word for nigh three decades.

Before long, the Japan Inc. was being bandied across the globe as worth any country’s emulation. Southeast Asia and Korea went for it. Even the former presidents of the USA admired the Japanese Inc. doctrine of renewed private initiatives and shift from macro- to micro-economics as stabilization and growth measure. Bill Clinton of the USA spoke so fondly of ‘globalization’ like some captive fan of an economic icon, and moved to negotiate the NAFTA.

Little do unsuspecting, gullible peoples across the planet, more so the policy experts of the West, realize that the Japanese voodoo economics was largely intended to permit Zaibatsu investments to breed and morph inside their economies. Using merger and buy-in tactics, the Zaibatsu agents made it appear that their sponsors came in for benign purposes or so. If there is any group in the world today that is enjoying its last laugh, it is the Japanese militarists of the past, who finally saw the success of their nation’s offensives and the decline of the West via ‘organized chaos’.

Around 1994, the magic of the Japan Inc. began to cramble. Recession came, and before long many banks and investment houses were catching fire. That was the origin of the bankrupt and immoral Bush-Paulson ‘bailout’, which began with the ‘crisis management’ tactic in Japan to save ailing banks and financial institutions. Eventually, Zaibatsu technocrats were forced to revive the Western tool of ‘interest rates’ intervention, to the extent of bringing down interest rates to zero percent and sustaining it there for many years.

There also came that moment, in the late 1990s through 2006, when Zaibatsu financiers suddenly were so awash with funds (liquidities), at a time when Western economies reached low growths. The ‘yen initiative’ package was therefore conceptualized as another last-ditch voodoo tactic, which was implemented by loaning out large funds at zero or low interest, which Western financiers than re-loaned at profitable interest rates. Many such funds reached the USA& EU realty subprime mortgage markets, to recall. Again, note the seemingly benign nature of the financial gesture.

Just as when the realty markets were beginning to sneeze in America, the last voodoo measure was pulled out. The ‘crisis management’ was already folded up earlier, as Japan’s economic growth was propelled up anew by the Asian markets notably China’s. Just as when USA & EU needed the Zaibatsu loans very badly, and ditto for portfolio investments, they were pulled out, thus ensuring the crash of both economies.

Japananese voodoo economics is now bowing out, as the compass of policy initiatives at present is pointing to the reconstruction of macro-economic, New Deal type measures intended to attack problems both on short-term (bail out on productive sectors) and long-term basis (induce physical economy rather than predatory finance). But the withdrawal of the voodoo regime is not being done without witnessing its catastrophic results.

That’s surely tragic for the West or North. I wonder how Zaibatsus & technocrats perceive peoples outside their borders: whether they regard the latter as human beings worth co-partnering with, or as hungry lizards that must subsist on crumbs of investments & finance from Japan that have been buttressed by enormous tons of gold acquired through production and plunder of occupied lands, across the 2,000 years of Japan’s existence from kingdom to nation.

Honestly, I don’t know the answer. But if the Zaibatsus are receiving flaks from outside their borders, it wouldn’t be a surprise. There are no more borders for Zaibatsus by the way, just an entire planet with seamless web, cocooned in all corners by their corporate money.

[Philippines, 14 November 2008]

CORPORATE PHILANTHROPY: CAN IT SURVIVE THE COMING ‘TECHNOTRONIC’ CAPITALISM?

October 25, 2014

CORPORATE PHILANTHROPY: CAN IT SURVIVE THE COMING ‘TECHNOTRONIC’ CAPITALISM?
Erle Frayne D. Argonza

‘Late’ capitalism, this current phase that replaced the ‘monopoly’ capitalism of the pre-war era, is now DEAD. As elucidated by Jurgen Habermas, thinker of the Frankfurt school, capitalism was able to move to its present state but only with massive state planning/intervention. State intervention had since the early 70s been relaxed, via globalization, but this only created monstrous predatory finance that hastened the collapse of the system.

As already elaborated in previous articles, the system is now DEAD. In the late 1990s yet, we Fellows of the Independent Review (a circle of economists and experts in Manila) were of the opinion that the system will be dead in couples of years. The ‘virtual economy’ based on magical statistics, speculation, fictitiously valued investments, and conspicuous consumption, can never be sustained, and is bound to crash and die. It was just a matter of time, as we all noted in 2000 (the last time I met the Fellows), before the bubble will burst somewhere (we forecast it will the USA) and the global economy will come crashing down…And it did, beginning last 2007 yet. That descent to the marshes of death is still going on today.

As I also declared in some previous articles, capitalism can still survive, though no longer the ‘late’ capitalism of state planning-to-globalization era. It will be a capitalism in an era of state terror heretofore unparalleled: ‘technotronic’ capitalism in the aegis of global police-state. Nation-states are enemies of the global oligarchy which will re-engineer the world by destroying nations (aftermath of atrocious World War III and global synarchy) and replacing them with city-states and region-states.

If corporate social responsibility or CSR will survive the times, it must be re-tooled at this juncture when the tumultuous changes are gathering winds. Failure to do so, many CSR pursuits will disappear in time, while only those CSR platforms of the most powerful and wealthy oligarchs can survive. All the CSR formats of today can last in relevance maybe till 2040 at the most, after which my forecast is their relevance will have reached its end.

By the year 2050, when populations will have leveled down to a census target of 2 Billion warm bodies, a figure that will be more manageable to the global elites, every member of society will be chipped and provided for. By that time, there will be no further need for ideological movements as Pied Pipers of the new system. Everyone else will be programmed by the system, from cradle to grave the chipped Manchurian Candidate or MC will be provided for. Poverty will end by then, the Millenium Development Goal of the UN will be finally met (the UN will be transformed into the tyrannical global state headed by a global Bonaparte, armed with its own police/military forces), and then will end the ‘sustainable development’ or ‘social development’ pursuits of ‘late’ capitalism.

The chipped Manchurian Candidate or MC will be half-human half-machine hybrid, and will be well provided for as mentioned. Population will be totally controlled, weak and senior members of the population will be ‘oven-baked’ or eliminated, natality will be controlled following China’s pattern of today, criminality will be almost nil, and no one will ever be poor again. Hybrid-human behavior can be easily modified using those advanced cybernetic prototype programs past 2050, and so nobody can fool around with the system.

Tell me, fellows, in a situation such as that coming context of advanced cybernetics or ‘technotronics’ (machine-controlled humans), what need will there be for CSR? Maybe CSR will go back to Victorian Era philanthropy practices, whereby wealthy sponsors will fund the theaters and chipped performers whose performances will be perfected all the more by cybernetics. The staff of the CSR formats of that era, if indeed applicable, will be chipped as well, like those outfits that will be funded because they will perform before the oligarchic-intellectual crowd by then.

When that next capitalist system comes, there will be no more activists or revolutionaries save for those who will proclaim Hallelujah forever to the radically altered, new system. Libertarian activists will be the species of yesteryears, the CSR proto-activism of today will be consigned to history, and anybody who will go against the system will be easily eliminated by sentinel robots of the most advanced prototypes.

Let me end with the challenge: CSR better retool now and reshape its image if it desires to exceed its institutional career. Now is the time.

[Philippines, 28 August 2008]
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

PHILIPPINES’ CAMPOS GROUP BUYS U.S. DEL MONTE CORP, NEW INVESTING HISTORY BEGINS

October 27, 2013

PHILIPPINES’ CAMPOS GROUP BUYS U.S. DEL MONTE CORP, NEW INVESTING HISTORY BEGINS

 

Erle Frayne D. Argonza

 

Good day to you, global citizens!

 

For the good news coming from Asia: the Philippines’ Campos group, majority owner of NutriAsia, just bought the Del Monte Pacific Ltd., a US-based company that has been operating a large subsidiary in the Philippines. This is a milestone event for Filipino business investments in the USA, which could be followed up by other Philippine-based conglomerates buying into other American-owned big businesses inside the USA.

 

This experience isn’t exactly precedent setting. Couples of years ago, the San Miguel Corporation, PH’s largest Food & Beverage conglomerate, bought the NatFood of Australia. NatFood is Australia’s biggest F&B firm by the way, so that negotiation marks a precedence to show the maturity and advanced systems of economic enterprises constituted in the Philippines.

 

Though it isn’t precedent-setting on a regional-global setting, it is milestone for U.S. engagements by Filipino businessmen & entrepreneurs. Since F&B companies in the Philippines have attained a maturity and advanced development, expect the purchase by other Filipino F&B giants, such as Jollibee Group, of large F&B companies owned by American business tycoons.

 

It may not be long when the big realty mall-makers of the Philippines will set foot in the USA. SM Group, Gokongwei Group, and Ayala Group are the top players so far, besides being recognized as among Asia’s topguns in the terrain of mall-making. Not only do these conglomerates make big malls, they also produce architectural marvels that are among the world’s top mall architectural wonders.

 

I would credit the maturation of the Filipino companies to good measures of corporate governance, update organizational culture, and best practices put into place across the decades. Re-engineered to pass the test of time and resilience, the same Filipino firms have become global and have invested in other regions and continents as well.

 

It is merely the ‘planting season’ for Filipino investments overseas as of the moment. At a certain juncture in the foreseeable future, when the pattern attains maturity, the repatriation of profits from such business concerns to the Philippines will exceed those of remittances from overseas workers. I’ve been forecasting this trend since the start of the new millennium yet, and I’m optimistic of its coming to fruition timed with the maturation of the Philippine economy to a 1st world rich economy by the latter part of next decade.

 

[Manila, 19 October 2013]

 

Source: http://www.philstar.com/business/2013/10/12/1244140/campos-firm-buys-del-monte-us-1.7-b

Campos firm buys Del Monte US for $1.7 B

By Neil Jerome C. Morales (The Philippine Star) | Updated October 12, 2013 – 12:00am

 0  6 googleplus0  0

MANILA, Philippines – Del Monte Pacific Ltd. (DMPL), majority owned by the NutriAsia Group of Campos family, is buying the consumer food business of US-based Del Monte Foods (DMF) for nearly $1.7 billion.

The move will give DMPL access to the profitable US and South American markets while boosting its net sales by around $1.8 billion, the company said in a disclosure to the Philippine Stock Exchange.

The Singapore and Philippine-listed DMPL said it entered into a definitive agreement for subsidiary Del Monte Foods Consumer Products Inc. to acquire privately-owned DMF for $1.675 billion.

“This landmark transaction offers DMPL greater access to a well-established, attractive and profitable branded consumer food business in the world’s biggest market,” said DMPL chairman Rolando Gapud.

“Prior to this acquisition, the US was one of few key markets where our company did not have a direct presence nor have its own brands,” Gapud said.

Shares of DMPL in the local bourse surged to as much as P39.50 yesterday before closing 11.11 percent higher at P30 apiece from P27 on Thursday.

Business ( Article MRec ), pagematch: 1, sectionmatch: 1

DMF owns the Del Monte brand rights for processed food products in the US and South America. Its consumer business has a strong portfolio of leading brands, with seasoned employees, healthy cash flows and $1.8 billion in sales in the fiscal year that ended last April.

DMF owns the iconic Del Monte brand, along with Contadina, S&W and College Inn brands. The company claims to  be number one in major canned fruit and vegetable categories in th US and top two in canned tomato and broth categories.

“This leading branded market position in the canned fruit and vegetable segments provides DMPL with significant scale and reach and, the company believes, an opportunity to unlock meaningful potential synergies,” the firm said.

Under the agreement, DMPL will buy the brands and certain assets and liabilities of DMF, including equity interests in certain South American subsidiaries.

DMPL said it will finance the acquisition through a combination of $745 million of equity in the new acquisition subsidiary as well as $390 million in long-term debt financing from BDO Capital and Investment Corp. and Bank of the Philippine Islands.

“As part of the equity financing, the company plans to issue common and preferred shares in the market,” DMPL said, adding that the acquisition will be finalized not later than the first quarter next year.

Moving forward, DMPL plans to launch new product offerings to the US catering to the growing Hispanic and AsianAmerican markets.

“The company expects to generate significant value creation opportunities in the US market through the expansion of DMF’s current product offering to include beverage and culinary products,” Gapud said. 

DMF’s consumer food business is also an attractive platform to offer certain products appealing to the large Hispanic and Asian American population in the US, he added.

DMPL’s 23,000-hectare plantation in Mindanao is the world’s largest fully integrated pineapple operation with a 750,000-metric ton processing capacity. It was set up in 1926 by the US government because of the widespread pineapple disease in Hawaii.

DMPL produces, markets and distributes food, beverages and related products in the Asia-Pacific region and the Indian subcontinent, and has supply deals with Del Monte Pacific trademark owners and licensees around the world.

In the first half, DMPL’s sales gained 14 percent to $208.4 million while net income inched up two percent to $10.6 million.

DMPL’s principal shareholder NutriAsia leads the Philippine market for condiments (Datu Puti and UFC), specialty sauces (Jufran and Mang Tomas) and cooking oil (Golden Fiesta).

G8 INROADS IN ARAB STATES: DEVELOPMENT OR SPIRAL DOWNFALLS?

July 8, 2011

G8 INROADS IN ARAB STATES: DEVELOPMENT OR SPIRAL DOWNFALLS?
Erle Frayne D. Argonza
Western powers, via the G8 headhammer nations, are re-charting development tracks for the Arab states. Such re-directions are being rushed, in light of the uprisings in the Arab region that threatens the very investments as well as the degree of continuing control and manipulation of the latter countries by Western financier oligarchs.
How far the G8 can carve out new development arrangements that can re-secure their hold of the said regions is surely in question. Emerging markets that are purse-rich are now much engaged in North Africa and the Middle East, rendering them as alternative orbits for dependence in case the newly installed Arab regimes will lose the old ‘chocolate bar sweeteners’ of aid and investments from their Western masters.
Below is an update report from the DevEx regarding the G8 contingency steps being taken for the Arab states.
[Philippines, 15 June 2011]

From: DevEx – http://www.devex.com
At Deauville Summit: G8 Outlines New MENA Partnership, Reaffirms Aid Commitments
G-8 leaders ended their 37th summit in France on Friday (May 27) with the announcement of a new partnership with countries in the Middle East and North Africa and a confirmation of their commitment to global development efforts. Both partnership and overall G-8 development plans drew mixed reactions from experts and members of the international development community.
The Deauville Partnership is the G-8’s response to the so-called Arab Spring and outlines the leaders’ commitment to support stabilization and economic modernization in Egypt and Tunisia, and possibly other MENA countries that will be open to reforms. The partnership commits $20 billion worth of economic aid from multilateral banks, and G-8 leaders said they aim to mobilize up to $20 billion more from bilateral sources.
Some experts praised the Deauville Partnership for laying out an important vision for engagement with MENA countries, but others criticized the G-8 for not outlining a detailed aid timeline or specific financial contributions per country. There were also others who voiced concern that the partnership and the assistance G-8 countries plan to channel through it could affect budgets for development programs in other regions of the world.
The G-8’s commitments to global efforts to improve health and food security were also outlined in the group’s final communique. These included calls for a successful pledging conference for the Global Alliance for Vaccines and Immunization and an announcement of support for reform efforts at the Global Fund to Fight AIDS, Tuberculosis and Malaria. The leaders also affirmed their commitment to fulfill past pledges to increase aid for agricultural development and to boost the effectiveness and transparency of their aid information.
Members of the international development community were mostly disappointed with this part of the G-8 communique, which most aid groups said was vague and largely lacking in concrete targets.
“World leaders have got the right words, but until action is delivered, their dither and delay will continue to cost lives,” Chris Page of World Vision U.K. noted.

PH AN EMERGING POWER PER UK PRONOUNCEMENT

June 22, 2011

PH AN EMERGING POWER PER UK PRONOUNCEMENT

Erle Frayne D. Argonza

Good day to you fellow global citizens!

Just recently, a team from the British diplomatic corps made an unusual pronouncement in Manila: that Philippines is an emerging power. For a world power that once conquered Manila during the world war between the empires of Spain and Britain, the UK remark is truly unusual.

Cordially and tactfully delivered, the remark hopefully could open up more floodgates for greater investments between the UK and PH. UK better bring in more investors—bringing in more FDIs (direct foreign investments) than hot money capital—and show sincerity in relating to its partner in the ASEAN.

Known for profligate engagements in derivatives operations and related speculations, UK has been the center of operations of known predatory financiers led by the Rothschilds and fronted by George Soros, a fact that has been causing chagrin on and ambivalence towards the British by developing countries. UK diplomacy better change that image and change it fast.

On the other hand, it is time for Filipino investors to move into London and Northern Ireland with greater capital intensity. Sure, there are a lot of Filipinos in the UK, with circa 200,000 located there, albeit largely for domestic work. It is time that the population composition of Pinoys in UK better change, with greater numbers of professionals, investors, and aid volunteers (to developing countries) deciding to seek domicile there.

As to the numbers of British citizens located in PH, the number is 10,000. Composed largely of retired seniors, the number is also reinforced by diplomatic professionals, business executives, philanthropic aid workers, artists and students. The composition may need to change soon, as PH is an open society and its multi-cultural environ is a plus factor for British and other Europeans to seek domicile here.

Let’s go back to the contention of emerging power. This contention was culled from the observation of PH as an emerging market, which together with other emerging markets will equalize the OECD powers by 2025 as per World Bank forecast. Emerging markets have large populations and significant middle income consumers (earning $6,000-$30,000 per annum).

PH has around 19 Millions out of its 94 Millions of warm bodies as comprising that global middle class. Small for now and seemingly stagnant, the 19 Millions can be made to grow, and the number is significant vis a vis the total population. All over the ASEAN, a total of past 100 Millions of people are in that category today.

The USA has 160 Millions in the global middle income category. It is no wonder that the World Bank made the forecast, knowing the sustained growth that the emerging markets have been showing. As the USA stagnates along the way, ASEAN will surpass it in terms of doubling its middle income to past the 200 Millions warm bodies before 2025 yet.

With Philippines, Indonesia, Vietnam showing the way to what emerging markets are in the ASEAN, it is no wonder that traditional world powers are in a hurry to re-chart the directions of their foreign policies, aimed at creating long-term modus vivendi with the emerging markets.

PH political clout will most likely increase along the way as its economic clout also strengthens. The domestic stakeholders better take note of the new perceptions of OECD powers such as UK on PH, and widen that latitudes for rapid growth and wealth redistribution to accelerate the creation of a middle class past the 50 Million mark soon.

This time around, PH shouldn’t miss out on the emerging global opportunities and perceptions of multi-polarity. Stakeholders should put up or shut up in meeting the gargantuan challenges at hand.

[Philippines, 02 June 2011]
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
Come Visit E. Argonza’s blogs & website anytime!
Social Blogs:
IKONOKLAST: http://erleargonza.blogspot.com
UNLADTAU: https://unladtau.wordpress.com

Wisdom/Spiritual Blogs:
COSMICBUHAY: http://cosmicbuhay.blogspot.com
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

Poetry & Art Blogs:
ARTBLOG: http://erleargonza.wordpress.com
ARGONZAPOEM: http://argonzapoem.blogspot.com

Mixed Blends Blogs:
@MULTIPLY: http://efdargon.multiply.com
@FRIENDSTER: http://erleargonza.blog.friendster.com
@SOULCAST: http://www.soulcast.com/efdargon

Website:
PROF. ERLE FRAYNE ARGONZA: http://erleargonza.com

INDIA-PAKISTAN BETTER HARMONIZE TIES FOR YOUNG GENERATIONS’ SAKE

May 25, 2011

INDIA-PAKISTAN BETTER HARMONIZE TIES FOR YOUNG GENERATIONS’ SAKE

Erle Frayne D. Argonza

Both India and Pakistan are considered as ‘emerging markets’. The global economy is being driven upwards today by ‘emerging markets’, and so it pays for two such economic powers to finally say goodbye to their antiquated enmities and shift to the high gear towards cooperation, synergy, and mutual respect.

I am no citizen of both countries but rather that of an outside observer. As a development expert who is a strong advocate of the Asian Dream, I reserve my right to opinionate on the state of affairs of my region and continent, and so I strongly go for a harmonized relationship among all countries for the sake of our young and future generations of Asians.

Indians and Pakistanis alike better face it: they belong to ‘emerging markets’ and have the responsibility to build the image of each one of them. Such an image must be one that is emulated by other countries in Asia and more so in other continents who’s very own peoples are looking up to the ‘emerging markets’ today as the saviors of the global economy.

Indians and Pakistanis have new responsibilities on their shoulders, and so they better say goodbye to old enmities. A drastic de-linkage from those enmities and their sources must be quickly undertaken, consensus built the quickest time possible, and bilateral talks for economic cooperation be concurred quickly.

One of the areas for bilateral talks would be the concurrence for interconnecting both countries via land, air, shipping, and railways. Such an effort would render both countries as builders of the New Silk Road, which as I was saying in a previous article must be built today by Asians.

The New Silk Road will give the planet a new breathing space, a new life in an Age of Hope, and so efforts to quash down old enmities must be taken at all cost. By perpetuating the enmities between these economic might of countries that are both scions of Akbar the Great, India and Pakistan are only showing the way to deterioration and Dark Age.

Both India and Pakistan better review the life of Akbar and the Mogul emperors, as the Moguls infused principles of efficiency, planning, cooperation and synergy by diverse stakeholders within the Empire. Those are golden lessons coming from Akbar, and such lessons became parts of the cultural templates of South Asians that make the jewels worth the admiration by other nations.

Akbar stands for efficiency, constructivism, cooperation, prestige projects, urban planning, architectural wonders, and more. Isn’t it great that each of the states of India and Pakistan build their governance institutions following an ‘Akbarian route’?

By persisting on their mutual bellicosity and fuming noses prepared for next wars, I will infer such behavior as ‘Nero complex’, and any Nero is dangerous for Asians. Indians and Pakistanis, please make the choice now: either take the Akbar route or Nero route. There can be no in-between route.

[Philippines, 17 May 2011]
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
Come Visit E. Argonza’s blogs & website anytime!

Social Blogs:
IKONOKLAST: http://erleargonza.blogspot.com
UNLADTAU: https://unladtau.wordpress.com

Wisdom/Spiritual Blogs:
COSMICBUHAY: http://cosmicbuhay.blogspot.com
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

Poetry & Art Blogs:
ARTBLOG: http://erleargonza.wordpress.com
ARGONZAPOEM: http://argonzapoem.blogspot.com

Mixed Blends Blogs:
@MULTIPLY: http://efdargon.multiply.com
@FRIENDSTER: http://erleargonza.blog.friendster.com
@SOULCAST: http://www.soulcast.com/efdargon

Website:
PROF. ERLE FRAYNE ARGONZA: http://erleargonza.com