Mr. Aquino still hasn't found a way to overcome political opposition to more mining investments, a problem given the contribution the country's mineral wealth could make to growth if it could be extracted. And his promotion of a "reproductive health" bill is jarring because it would put the Philippines in danger of following China's path into middle-income development followed by a demographic trap of too few workers. The Philippines doesn't have too many people, it has too few pro-growth policies.
Wednesday, August 1, 2012
Wall Street Journal op-ed slams RH Bill!
THIS POST, ORIGINALLY PUBLISHED ON JULY 25, WILL STAY ON TOP UNTIL AUGUST 1, 2012. NEWER POSTS BELOW!
(Update 7/28/12: the entire article has been published by the website of the Office of the President of the Philippines.)
On July 24, 2012 the Wall Street Journal published an article on economic reform in the Philippines with the title Keeping the Philippine Dream Alive. This article is currently available only to subscribers. However, I've been able to read the whole article and, incredibly, it contains the following put-down of the RH bill (emphases mine):
As the pro-life side has been saying all along, the problem is not the number of people, but economic and social policies.