Economic Forum on Philippine Governance

Categories: EconomicsPhilippines

Our country has fantastic prospective for mining developments. It was also pointed out by Dr. Habito that mining has contributed significant financial development for the nation. I am operating in a mineral expedition company, and I have witness the mining investments flourished when the government made structural modifications to the mining laws. More mineral exploration business opened getting mining tenements and gathering million of investments.

Not just that, we generated employment and uplifted the lives of the local neighborhoods thru road developments and other rehab programs where our mining area is located.

But as time goes by, the promises of the federal government were not satisfied. Rampant "Bureaucracy" is still present whenever we process expedition licenses and other important documents. The federal government bureaus still practices bribery for simpler approval.

Another important issue of my company and other exploration business is the "Peace and Order" situation as the federal government assured to manage 10 years back. The scenario has not been improved.

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Mining camps are still assaulted by these belligerents/insurgents groups to threaten the mining business to fulfill their wishes. The LGU's of the specific neighborhood were not offered full force to set instructions in handling revolts. The regional military always follow for directives from the national military to propagate security but then incidents have actually been done.

As the same example pointed out by Dr. Habito, on over centralized agrarian policy, that the national government got rid of fertilizers to national agrarian in belief that it benefited all farm lands of the nation.

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However then some farmers on particular provinces don't discover this disposition as effective as the usage of the Carabaos to trim and cultivate their farms. He mentioned there is a requirement to offer more powerful functions for LGU to direct the issues of the local community. LGU's understands more what is much better for their neighborhood.

Another good example discussed by Dr. Habito is the development of Clark Airport Tourism. The emergence of international flights in Clark Airport paved way to business expansion but fell short when the crab mentality of other “Airlines” instigated and aided from the government to minimized the international flights in Clark Airport to serve their self-interests. Dr. Habito instilled that the government should develop more liberal aviation policy and open skies environment to attract more investments.

Subsequently, our company is moving our exploration activities to other Asian countries for better opportunity and effective government policies. We believed that our investments here in the country are not optimized due to these flaws and self-serving government operatives. Evidently, Philippines is rich in natural mineral resources that could bring great opportunities for the people. But we cannot maximize development because of poor governance. Even if the laws are severally revised for optimal purposes but they are just written instrument if these are not effectively realized.

Updated: Jul 30, 2020
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Economic Forum on Philippine Governance. (2017, Jan 04). Retrieved from https://studymoose.com/reaction-paper-on-economic-forum-on-philippine-governance-essay

Economic Forum on Philippine Governance essay
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