President Estrada tried to get rid of the anti-FDI and 60/40 restrictions, and he got ousted not long after he first talked about these reforms. Federalism & Decentralization: Evaluating Africa’s Track Record, Evolving Federalism & Region-based Decentralization, Useful Information on the Parliamentary System, Video Gallery: Human Costs of Economic Protectionism, The Filipino First Policy caused the Philippines to Fail, Marina Bay Sands is One Big Foreign Direct Investment, Lee Kuan Yew talks about the Failure of Maoism and Deng Xiaoping’s shift towards Capitalism, Why FDI & Economic Liberalization are necessary, The Difference Between OFW Remittances versus FDI, Philippine Progress: Shift in Sport, Shift in System, Parliamentary Systems are Less Prone to Corruption, Claro M. Recto on the Presidential System. And people must be prepared to work to make these hard decisions stick. Lee Kuan Yew’s speech @ NTUC’s 50th anniversary dinner. From Third World to First: The Singapore Story: 1965-2000 (2000). In the nature of an economic recovery, there cannot be instant dramatic reversal. The ultimate test of the value of a political system is whether it helps that society to establish conditions which improve the standard of living for the majority of its people plus enabling the maximum of personal freedoms compatible with the freedoms of others in society. In this speech, Lee Kuan Yew had clearly given solid bits of advice to the audience as well as to all Filipinos, and it is this particular speech from whence the famous words “I do not believe that democracy necessarily leads to development. Infographic: Solutions to the Root Causes of the Pork Barrel, Forum of Federations: Videos for Learning about Federalism, The Philippines is run like a Mafia Network, Tables and Ladders (Exposing Esposo, Part 2), A Good Constitution Must Reduce the Impact of a Bad Leader, Foreigner: Pinoy Inability to Improve is due to Escapism. 13. TOM RODRIGUEZ is a solid Constitutional Reform advocate! The Philippines has 6 postgraduate schools for MBAs and the prestigious Asian Institute of Management. My remarks today are based on published reports. Rigoberto Tiglao in the Far Eastern Economic Review 3 September 1992, wrote: “There were two waves of Japanese capital investment, both driven by the yen’s strengthening: in 1985 and then in 1987. This problem must be put right urgently. TRANSCRIPT OF THE PRIME MINISTER, MR LEE KUAN YEW'S SPEECH AT THE POLITICAL STUDY CENTRE ON 16TH AUGUST, 1964, IN CONNECTION WITH THE SEMINAR ON "THE CONCEPT OF DEMOCRACY" ORGANISED BY THE JOINT COMMITTEE FOR RADIO COURSES. 21. Politicians revelled in democracy, and its freedoms, freedom of speech, freedom of the press, and for those in office, the freedom to wheel and deal. I knew Filipino politics in the Marcos era as rumbustious. Mr Lee did not set out to be a politician, let alone a statesman, as a boy. Since the swearing-in of President Ramos, there have been positive signs for the future. The Ramos presidency will have to prove that this democratic constitution can be made to work and that development is achievable. 11. 26. An example of a powerful vested interest that has to be tackled was reported in Asiaweek, 21 August 1992, the Philippines Long Distance Telephone Company which has had a monopoly for 64 years. They protected their markets to establish import substituting industries. In one of … On woman at work “The only differences between men and women workers are the physical and biological ones. Find out more about how we use your information in our Privacy Policy and Cookie Policy. I do not believe that democracy necessarily leads to development. These factors are good for development. Singapore is a country that used to be poor and third world just like us. Candidates made eloquent and stirring speeches. I believe that what a country needs to develop is discipline more than democracy. However Filipinos are a people not without energy and talent. The London Economist, July 4, 1992, said: “The challenge for President Ramos is to find the economic growth that will confirm democracy’s future. In 1973 the then President Ferdinand Marcos, using his martial law powers, ordered all telephone subscribers to invest in preferred shares of PLDT before they were issued a phone line. I believe that what a country needs to develop is discipline more than democracy” were taken. Lee Kuan Yew: Hard Truths to Keep Singapore Going (2011). In Singapore there are over 1,500 Filipinos on Employment Passes, professionals, engineers, accountants, architects, managers, more than those from other ASEAN countries except Malaysia which is Singapore’s nearest neighbour. If the Philippines stick to old policies, because vested interests are too powerful to overturn, then Filipinos will continue to lag further and further behind her ASEAN neighbours. 25. Lee Kuan Yew had to make tough decisions throughout his life, but he did what he did to build a nation. If the president carries through his liberalising of trade and investment regulations he will generate a new momentum in economic activities. Why are the Monsods so anti-Constitutional Reform? With foreign investors closely monitoring the country for a stable political transition, the infrastructure problem is publicity it can ill-afford.” I understand that the brown-outs have got worse and Makati is back to 5-6 hours a day of brown-outs. 27. But whatever the misfortunes of the past, if a fresh start is made, the future can be better. In the 1950s economic development in the Philippines was better than that in Korea, comparable to that in Taiwan, and was at the lower end of the same bracket as Japan. If I were a Filipino, I would count my blessings and start in a positive frame of mind. Indonesia, with a lower per capita income level than the Philippines, had a national savings rate of 33% in the last five years. Speech at the 10th Anniversary Celebrations of the Jalan Tenteram Community Centre, 27th June 1970 Lee Kuan Yew in his own words, 1959-1970 27. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Contrary to what American political commentators say, I do not believe that democracy necessarily leads to development. Occasion: CONFERENCE/EXHIBITION/MEETING. I concluded that you have invited me because you wanted this conference of leading Filipino businessmen and public figures to hear my frank opinion. The second task is to free the economy from controls and monopolies. They learned from the policies of the NIEs where foreign investment and export-oriented growth made for booming economies. 24. The London Economist said, “Democracy’s future is waiting to be confirmed.” There is absolutely no assurance that the American-style Constitution will produce wealth for the Philippines as it has for America. 28. Text of the late Mr. Lee Kuan Yew’s speech taken from the National Archives of Singapore. The late Lee Kuan Yew gave a speech at the Ritz Carlton Hotel in Singapore on April 25, 2003, after he pressed on by gracing the occasion with his attendance. Third : Build up your infrastructure, like power stations, roads and communications, either in partnership with or completely by the private sector. A few years later Indonesia also changed policies. They wanted a weak executive president. (09/18/1947 - 12/04/1981). W hen I was in my teens I heard about a political study. 18. Unlike these countries, the Philippines can pull itself together and get on with the job. On population policy. — Lee Kuan Yew, Interview with Hirotsugu Koike, Nihon Keizai Shimbun, December 20th, 1990. The London Economist, July 4, 1992, said: “, 6. He had survived hardship, danger and fear in the Japanese Occupation. Malays were assured by Mr Lee Kuan Yew last night that they did not need to worry about the arrival of Hongkongers who migrate there … As the Hongkongers would be coming in as employment pass holders each earning at least $1,500 a month, he said that … First : Restore law and order. Yahoo is part of Verizon Media. They cut their budget deficits which brought inflation under control. Foreign investors would not have gone into Thailand, Malaysia and Indonesia if they had not got their macro-economic policies right. All these three have been torn apart by strife and war, and the contending factions are still killing each other inflicting more damage on their countries instead of repairing the harm done. Rigoberto Tiglao in the Far Eastern Economic Review 3 September 1992, wrote: “, 15. The Philippines has a lively and rumbustious press and television. In 1990 Philippines was struck by a powerful earthquake. 19. MR LEE KUAN YEW'S EARLY YEARS. It has to be systematic with a publicly announced timetable during which the protective barriers enjoyed by the industrial and the services sectors will be dismantled, and foreign competitors allowed in. An example of a powerful vested interest that has to be tackled was reported in Asiaweek, 21 August 1992, the Philippines Long Distance Telephone Company which has had a monopoly for 64 years. 5. The big problem is that taxes especially income taxes are not collected. They estimate industries could lose 20 billion pesos during this three-month period. He has asked Congress to reintroduce the death penalty for kidnapping, rape and murder. Dismantle the web of measures which keep out foreign companies and make Philippine companies compete to survive, not thrive at the expense of ordinary Filipinos. 23. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Lee Kuan Yew – “The Impossible Can Happen!” Lee Kuan Yew was the first and longest-serving Prime Minister of Singapore. Here the omens are less good. These initial moves must be followed up. You can change your choices at any time by visiting Your Privacy Controls. We are right now reeling from the effects of this delay. Chicken or the Egg: Culture Change or System Change? Noynoy Aquino clearly was not interested in making any amendments at all, even if several of his own party mates tried to introduce reforms akin to those of Estrada which were focused solely on the economic aspect of removing the anti-FDI restrictions in the Constitution. By the early 80s, at first, Thailand, and next Malaysia, changed policies. Tiglao was hopeful: “However, the economic performance of the Philippines’ ASEAN neighbours , which had sought foreign investments, has gradually resulted in the sea change in national attitudes …” There was “easy passage of the Foreign Investment Act of 1991, which basically lifted all restrictions, except those that are in the constitution, on foreign investments.”. 9. Then you will find that Filipinos can perform just as well as Singaporeans or Thais or Malaysians. There is a complete separation of powers between executive, legislature and judiciary. It was his leadership that transformed Singapore from a third world country into a thriving metropolitan city in just three decades. Among the many things Mr. Lee mentioned was the need for the Philippines to open up to foreign direct investments, something that Singapore had already proven to be much more helpful than harmful, and that it was precisely the in-flow of foreign direct investments and the setting up of factories and offices by multinational corporations that caused Singapore to solve its original unemployment problem and eventually become a First World Nation. A founding member of the People's Action Party, He is credited as transforming Singapore from a third world country to a first. The late founding Prime Minister of Singapore, Lee Kuan Yew, had been invited by the Philippine Business Conference to address them back on November 18, 1992, not long after he had already stepped down as Prime Minister and assumed the more advisory cabinet role of Senior Minister to the new Government led by his successor, Goh Chok Tong. NRI (Nomura Research Institute) in the Asia Pacific Economic Outlook third quarter 1992, reports on the Philippines page 28, “Huge losses suffered by the industrial and commercial establishments due to the electricity shortages and the scheduled power blackouts averaging 7 hours a day could not have come at a more inopportune time for the country. The fundamentals of our foreign policy were forged during those vulnerable early years. There is already legislation to allow B.O.T. The exuberance of democracy leads to undisciplined and disorderly conditions which are inimical to development. One daily recently suggested that relatives of kidnap victims ask police how much the ransom is. Further, if it cannot raise tax revenues, it will be unable to put in place the necessary infrastructure. The question I ask is: 5. Lee Kuan Yew’s Speech at the Philippine Business Conference. Being true to himself was one of the many strengths of Lee Kuan Yew. In fact, his grandfather wanted him to become an English gentleman! They allowed 100% direct foreign investments. Text Size. I know the Papal … The president will have to show political skill and courage to cut a way through the conflicting interests of businessmen and the people. If you maximise the six years of the Ramos Administration by freeing your economy, attracting investments, and if you work hard to create conditions that make these investments profitable, then you will get yourself back into the mainstream of growth and development and be in the same league of dynamic economies as your ASEAN neighbours. Other crimes especially corruption must be suppressed and punished. It starts with having a core group of united leaders with strong morality and integrity at the top of the government. In the second period, the kidnapping of a Japanese executive in the Philippines, which took six months to settle, was enough to abort more Japanese investment plans.” He went on: “The country lost nearly a decade of growth, and as a result, faces so many problems that some people, even some Filipinos, have started to believe that there is a deep-seated self-destructive combination of political and cultural factors cursing the country.”. I believe that what a country needs to develop is discipline more than democracy” were taken. The Ramos Administration has started deregulation and liberalisation. It found that while Singapore paid its civil servants one of the highest salaries in the world, they also had the least amount of money in their bank accounts among politicians in the region. With their combined investments and with the value of preferred stock greater than common stock, subscribers in effect own about 92% of the company. Singapore — A speech that founding Prime Minister Lee Kuan Yew made in 2003 on an outbreak of Sars in the country is being widely shared online. All Rights Reserved. One Man’s View of the World (2013). Even China and Vietnam now offer very liberal incentives and full foreign ownership. This has generated a sense of optimism over economic recovery. But when it was over, it was back to more wheeling and dealing until the next elections. Should the Philippines Turn Parliamentary? Every Filipino knows the other ASEAN countries have overtaken the Philippines. LEE KUAN YEW, DURING THE DEBATE IN THE FEDERAL PARLIAMENT, ON THE MOTION OF THANKS TO THE YANG DI-PERTUAN AGONG FOR HIS SPEECH FROM THE THRONE, MAY, 27, 1965 Lee Kuan Yew | 27/05/1965 There are more MBAs in the Philippines than in any ASEAN country, both Filipino and US trained. Today, Japan’s per capita is $27,000, Taiwan’s $8,000, Korea’s $6,500, and the Philippines $724. Constitutional Reform First before claiming Sabah! Nancy Binay – Don’t hate the player, hate the game! Lee Kuan Yew is considered the founding father of modern Singapore. 4. They wrote the constitution in 1787 and ratified it in 1789. Rigoberto Tiglao wrote in the Review, “, 22. They are now pressing ahead with deregulation and liberalisation to open up their economy and make their products internationally competitive. The American Forces have left Subic Bay. The laws against corruption should be tightened to shift the onus of proof on to the person who possesses more assets than his income warrants. Kidnappings of local Chinese have increased. They should undertake this vital job as their national duty. 1. He would like to abolish all remaining quantitative restrictions on trade. … Having suffered at the hands of King George III of England, they wanted the opposite of a strong monarch. In Lee Kuan Yew: The Man and His Ideas (TMHI, ... 1989 National Day Rally speech, quoted in The Straits Times, August 21st, 1989, p. 17 . Moreover, Lee Kuan Yew also made mention of the inherent weaknesses and disadvantages of the Philippines’ stubborn use of the American-style Presidential System with its gridlock-prone and shutdown-prone Separation of Powers. The Aquino Presidency achieved the restoration of a democratic constitution. 30. 3. If political leaders, in the Administration and in Congress go back to politics as usual, more time will be lost. Through the infusion of technology and high quality management from successful countries like Japan, the NIEs, America and Europe their goods and services became internationally competitive. They hold their jobs on merit. Why Do So Many Filipinos Misunderstand System Change? I do not believe that Korea, Taiwan, Hong Kong or Singapore could have succeeded as they have done if they had to work under such a constitution, where gridlock on every major issue is a way of life. They cut down protection and opened up their industries and services to competition. 22. Rizal the Federalist; Bonifacio the Unitarian, The Parliamentary System can fix Philippine Politics. Their economic growth bounced from 3-4% to 8-10% per annum. The result: “, 7. Indonesia therefore achieved a much higher investment rate of 36% compared to the Philippines’ 20%. (Build, Open Profit Sharing) can also work, so that the infrastructure projects especially roads, telecommunication and industrial estates can be done quickly when public funds are short. They will put pressure on Congress to clean up their act, to demolish barriers which are depriving Filipinos of the progress enjoyed by their neighbours. Asia-Pacific region in the new geopolitical context Lee Kuan Yew (1990). 32. Lee Kuan Yew also spelled as Lee Kwan Yew 李光耀 is known as a very successful politician, born in Singapore, Mr.Lee successfully turned Singapore from a third world to first world.The other 2 non western countries that managed to reach developed status are Taiwan and South Korea, but both are still behind Singapore in term of Human Development Index (HDI) and Purchasing Power … If government workers are adequately paid, they deserved to be punished with severe penalties when they take bribes. 2. 14. In this speech, Lee Kuan Yew had clearly given solid bits of advice to the audience as well as to all Filipinos, and it is this particular speech from whence the famous words “ I do not believe that democracy necessarily leads to development. It’s about time we finally learned best practices from them which they have been more than willing to share. Central Intelligence Agency. Filipinos are fluent in English, and the use of English is widespread. A little less conversation, a little more action please. It was politics enjoyed for its own sake. President Gloria Macapagal-Arroyo tried to pick up where President Ramos left off by attempting once more a much more comprehensive set of constitutional reforms that included (1) Opening the economy to foreign investors by removing the anti-FDI constitutional restrictions, (2) shifting to a Evolving and gradualist form of Federalism, and (3) shifting to the Parliamentary System and again, she too was demonized by Philippine Mass Media with all kinds of false accusations and falsehoods thrown at her and the reform initiative. In 1979, oil painter Chua Mia Tee depicted Lee's return from London after the Merdeka Talks. It was re-adopted in 1987 by President Aquino. 9 April 2009 THE FUNDAMENTALS OF SINGAPORE’S FOREIGN POLICY: THEN AND NOW Independence was thrust upon Singapore. This photo taken on April 28, 2006 shows the late Kwa Geok Choo, wife of Singaporean Minister Mentor Lee Kuan Yew, attending at the Foreign Correspondents gala dinner in Singapore. You must expect domestic vested interests to exploit the political system to slow down economic liberalisation. Then the world will soon change its views of prospects for the Philippines. Lee Kuan Yew on Filipinos and the Philippines. President Ramos has started to clean up the police and the military. 4. But if the people understand what economic liberalisation means to them in jobs and wages there will be counterpressure on Congressmen, cabinet ministers and officials. At the end of the day, after discussion and debate, the legislature must allow the executive to take the hard decisions. And Filipinos cannot blame others for it. To encourage foreign investment he will liberalise nationality requirements in the Omnibus Investment Code to make it possible for foreign investors to own their plant sites. 17. 2 Filipinos: A Football Legend & A Spanish Prime Minister, Sen. Claro M. Recto on the Presidential System, Crowdsourced Malolos-Style Proposed Constitution, Read This Before Registering to this Site, Dismissing Gridlock: A Case for Parliamentary Systems, How I Came to the Conclusion that the Phils Needs Constitutional Reform, Parliamentary Systems Offer Better Representation, The Anti-People Constitution (from PhilStar), Chan Robles' Copy of the 1987 Constitution, The Parable of the Good Father and National Five-Year Plans, Please read this first before registering. Next, Filipino savings must and can be raised. Lee Kuan Yew (1923–2015) was a Singaporean political leader and one of the great statesmen of the post World War II-era. Speech by Mr Lee Kuan Yew, Minister Mentor, at the S. Rajaratnam Lecture, 09 April 2009, 5:30 pm at Shangri-La Hotel. Nomura’s Asia Focus (Aug 1992) quoted a 1991 JETRO survey of Japanese companies listing the major advantage in the Philippines as the highgrade low-cost labour force. SPEECH BY MR LEE KUAN YEW 2004 The Case for Higher Salaries for Government Ministers SPEECH BY MR LEE KUAN YEW, SENIOR MINISTER, TO THE NATIONAL TRADE UNION CONGRESS AT THE SINGAPORE CONFERENCE HALL ON 19 JULY 1996 But events left an indelible mark on him. Alas, even nature has been unkind. Products were poor and growth was slow because there were monopolies and no competition. If those figures are to change for the better, the Philippines have to abide by the strictures of the IMF – which means better tax-collecting, painful cuts in public spending and liberalising trade to the detriment of some powerful vested interests.”, 6. How will the Government pay for its COVID-19 Expenses? This has been the experience of Singapore where the Prime Minister is in charge of the CPIB (Corrupt Practices Investigation Bureau). There must be a cleanup of racketeers in the police, whether for kidnappings or other crimes. Diagrams that Explain the Parliamentary System, Proposed Malolos-style New Constitution Draft, Title II on The Filipinos and their National and Individual Rights and Duties, US Government Shutdown: The Presidential System Sucks, No Parliamentary System, No LKY & No Mahathir, Problems of Presidentialism & the US Exception. Filipinos have no empty, wealthy continent to make them rich. He had been a British subject in colonial Singapore. Banking activities have increased and the stock market is upbeat. Share Tweet Email Whatsapp . 29. Thailand and Malaysia started to deregulate and liberalise. The first period was when the violent overthrow of the Marcos dictatorship seemed to be imminent, discouraging investors. His duty first and foremost is to the people. 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