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Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999
time: 05:20
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"Good point. I said something similar about a year ago. Emigration hits the third world hard - what's the point in educating someone who will not repay the investment. Hence underinvestment in education in developing countries."
Those people remit alot of money though. The Philippines recieves close to 40% of its foriegn capital from remitances.
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Rufus T. Firefly
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is one way of saying it, though I prefer "mensch"
Sep 2000
time: 07:20
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quote:
Originally posted by Lancer
"Good point. I said something similar about a year ago. Emigration hits the third world hard - what's the point in educating someone who will not repay the investment. Hence underinvestment in education in developing countries."
Those people remit alot of money though. The Philippines recieves close to 40% of its foriegn capital from remitances. |
Yes, but it makes no difference. While a huge amount of money is sent home to the Phils from overseas, almost all of it gets spend on non-durable consumer goods (e.g., more San Miguel for Uncle Bing and his pals). It does not tranlsate at all into either savings or investment, which is why the Phils are so completely f*cked.
(I actually had the dubious pleasure recently of reading a Filipina's annulment certificate. Her chief complaint was that she had spent the last 20 years working her ass off as a nurse in Saudi Arabia and sending home every last penny she could spare; when she finally returned home, she discovered that the family had blown through all the money and had nothing to show for it. She was emigrating to the US without them; good for her!)
The thing about 3rd World immigration is this, if the Phils are any measure: yes, it does f*ck 3rd World countries, in two ways. First, it creates a massive brain drain; for example, except for recent graduates, I doubt there are very many qualified nurses left in the Philippines, and we've actually seen a frightening number of Filipino doctors leaving here to take nursing jobs in the US (why? because the average Philippine monthly wage for a doctor is $400-500 -- an amount that the average US nurse earns in 2-3 days). Second, and not unrelated to this, it evacuates the middle class from a country, which makes a democratic society nearly impossible to establish or maintain.
On the other hand, it benefits both the countries the immigrants go to and the immigrants themselves. So the question is, which do you care more about?
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Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999
time: 05:20
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Alot of those people go home after, Rufus. Also, Dolores and I have built a nice house there, as do many. This provides work for builders, materials suppliers and manufacturers. When we visit we go out to eat, buy pigs and furniture and all sorts of stuff. Helps the economy and provides jobs. Also, the $ we send home now goes for food for the family. Very little for booze and cigs. If we didn't send it these people wouldn't be eating... much.
So, try not to always see the bad in the situation Rufus. I know there's alot but...you really need to make it to Bohol next time we're there. Might change your perception.
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Rufus T. Firefly
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is one way of saying it, though I prefer "mensch"
Sep 2000
time: 07:20
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quote:
Originally posted by Lancer
Alot of those people go home after, Rufus. Also, Dolores and I have built a nice house there, as do many. This provides work for builders, materials suppliers and manufacturers. When we visit we go out to eat, buy pigs and furniture and all sorts of stuff. Helps the economy and provides jobs. Also, the $ we send home now goes for food for the family. Very little for booze and cigs. If we didn't send it these people wouldn't be eating... much.
So, try not to always see the bad in the situation Rufus. I know there's alot but...you really need to make it to Bohol next time we're there. Might change your perception. |
Lancer, there's a lot to like about the Phils, first and foremost being the Filipinos themselves. But in cold economic terms, the overseas remittances haven't actually helped pull this place up at all, which is why it's been losing ground to every other country in Southeast Asia. All they've done is create an entire country that seems determined to be some other, more prosperous country's service sector. That's a way for some people to make it out of here; it may even be a way to help some people here have slightly nicer stuff; but its not the way to make the society itself more prosperous or stoip its 40-year downward slide.
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Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999
time: 05:20
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Sure, it's a mess. They need to stop having so many children. Too many for the islands to support. Buuut...the Catholic church needs to wake the hell up and stop fighting birth control.
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VJ
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Helsinki
Dec 2001
time: 07:20
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quote:
A minimum wage is hardly free market and liberal! |
You're right, no it isn't.
Even trying to alter the wage levels of a nation by limiting immigration or the movement of the people instead of letting the global market to decide is hardly free market and liberal.
Last edited by VJ on 14-05-2005 at 14:27
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13-05-2005 20:31
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