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Showing posts from September 17, 2018

Imperative 47: I-Congress laws for State/Business synergy and Judicial efficiency

    The Philippines' current $4,000 or so per citizen gross domestic yearly production  is far short of 1st World equivalents at $10,000-up.  Two major causes apart from the past factors discussed in previous posts help explain such stumbling block against mass progress.  One is the near-total separation of State and private sector economic activities.  Another is Justice System inefficiency and corruption.  To address the said issues, two additional I-Congress laws have to be passed and implemented:      1.0  Century Business Planning Law: Trillions of pesos in State tax proceeds as well as billions of dollars in foreign exchange receipts and loans are currently managed by State thru yearly budgeting by Congress, the Executive branch and local governments. From Philippine independence year 1946 to present, the leaderships of such State components have been dominated by lawyers.  As everyone knows, lawyers' training and nature of work focus on regulation of business and citiz