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Friday, January 13, 2012

Philippines Could be the l6th Largest Economy by 2050

An Ateneo Graduate School of Business Advantage

The Philippines is being watched as one of the countries that is the hotbed of development and growth.  It could be the l6th (right it is not typo error).  By that time, its population could be l55 million and its net income per capita could be nearly $l0t + per capital.  This is according to HSBC

Philippines is seen as one of the "fast growth" countries together with Mexico, Pakistan, China, India.  Philippines would be cut and paste economy, ie it has opened itself to fundamentals and mastered many things in the fast growth lane

We hope that this is not wishful thinking and that, because of the effort of entrepreneurs and other business leaders, this would come true.  Most of the pronouncements on BPO by some business leaders come true.  By dint of hard work, this will happen.

This is the article from Yahoo.News.       phl-seen-rising-16th-largest-economy-

Do you agree with the forecast?

How can you as entrepreneur make it happen?

Are we going to do it at the expense of Developed Economies?

How would the RH bill impact this forecast, if passed?   If not passed?

How will this happen in the absence of Foreign Direct Investment?

Will there still be corruption and evil public ways at that time?

What will be my/ your legacy for 2050

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