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. My remarks today are based on published reports. Among the highest phone rates in Asia – only Japan is more expensive – and probably the worst service.”. 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. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. You must expect domestic vested interests to exploit the political system to slow down economic liberalisation. The result: “, 7. In conclusion, I hope I have provoked you, the business and government establishment of the Philippines, into setting your priorities for getting your act together so that you can achieve your potential. Mr Lee did not set out to be a politician, let alone a statesman, as a boy. 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 … 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 He has asked Congress to reintroduce the death penalty for kidnapping, rape and murder. The Philippines has a lively and rumbustious press and television. 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.”. Lee Kuan Yew’s Speech at the Philippine Business Conference. 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. In that same Asiaweek magazine was another article entitled “Kidnappers in Uniform?”: “Police Brig-Gen Raul Imperial counts more than 50 kidnappings last year, netting $7.6 million in ransoms. Contrary to what American political commentators say, I do not believe that democracy necessarily leads to development. 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. 1. But a developing country faced with disorder and underdevelopment needs a strong honest government. 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. Since the swearing-in of President Ramos, there have been positive signs for the future. National Archives - Interview with Lee Kuan Yew - National Security Council. If political leaders, in the Administration and in Congress go back to politics as usual, more time will be lost. On population policy. Some Filipinos wrongly took exception to this in the 1990s, but starting in the late 2000s, Lee Kuan Yew’s wisdom had become much more popular among Filipinos after years and years of mediocre economic progress resulting from our country’s inability to move over to much better ways of doing things. Lee Kuan Yew – “The Impossible Can Happen!” Lee Kuan Yew was the first and longest-serving Prime Minister of Singapore. A few years later Indonesia also changed policies. 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. 15. 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. The experience of Malaysia, Thailand and Indonesia is especially relevant. It’s about time we finally learned best practices from them which they have been more than willing to share. In 1990 Philippines was struck by a powerful earthquake. Two or three big fish brought to justice successfully, will have a salutary effect on everyone. In the nature of an economic recovery, there cannot be instant dramatic reversal. President Ramos tried and Philippine Mass Media demonized his attempts through the use of fake-news and spreading of falsehoods. Chicken or the Egg: Culture Change or System Change? 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. There are more MBAs in the Philippines than in any ASEAN country, both Filipino and US trained. Lee Kuan Yew 1966 First National Day Rally - Hokkien Speech ‘People are afraid to call the police because the officer may be the mastermind,’ says Representative Hernando Perez. One daily recently suggested that relatives of kidnap victims ask police how much the ransom is. To bring myself up to date, I asked for the latest press reports on the Philippines. Next, Filipino savings must and can be raised. The London Economist, July 4, 1992, said: “The challenge for President Ramos is to find the economic growth that will confirm democracy’s future. Occasion: CONFERENCE/EXHIBITION/MEETING. Constitutional Reform First before claiming Sabah! 19. Filipinos should not tolerate a slower pace of liberalisation than what their ASEAN partners have achieved, especially Thailand and Malaysia and now Indonesia. He had been a British subject in colonial Singapore. 8. Products were poor and growth was slow because there were monopolies and no competition. Yahoo is part of Verizon Media. 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 . 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. Print. 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. Why Do So Many Filipinos Misunderstand System Change? To bring myself up to date, I asked for the latest press reports on the Philippines. Then you will find that Filipinos can perform just as well as Singaporeans or Thais or Malaysians. The second task is to free the economy from controls and monopolies. I believe that what a country needs to develop is discipline more than democracy” were taken. 17. 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. I knew Filipino politics in the Marcos era as rumbustious. These initial moves must be followed up. Third : Build up your infrastructure, like power stations, roads and communications, either in partnership with or completely by the private sector. 30. He has sacked some senior police officers and removed others to less sensitive positions. The late Lee Kuan Yew had already brought these up back in late 1992, and not long after, former president Fidel V. Ramos himself tried hard to set up the very reforms that Mr. Lee said that the Philippines needed: (1) An economy that is open to foreign direct investments and without idiotic anti-FDI restrictions in the Constitution, and (2) a Parliamentary System which allows for better quality leadership and greater decision-making efficiency. A little less conversation, a little more action please. 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.”. 32. One problem is the Philippines has an American-style constitution, one of the most difficult to operate in the world. Even Vietnam will overtake the Philippines. Lift restrictions on trade and investment. 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. Almost 28 years later, despite many attempts at getting these reforms through, we have not yet been able to make these necessary reforms become a reality. They have a densely populated archipelago with little oil, gas, or other valuable natural resources. Being true to himself was one of the many strengths of Lee Kuan Yew. Polls aren’t just for Metro Manila: Why Federalism? 13. They are now pressing ahead with deregulation and liberalisation to open up their economy and make their products internationally competitive. 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. 29. Nancy Binay – Don’t hate the player, hate the game! 9 April 2009 THE FUNDAMENTALS OF SINGAPORE’S FOREIGN POLICY: THEN AND NOW Independence was thrust upon Singapore. They protected their markets to establish import substituting industries. Indonesia therefore achieved a much higher investment rate of 36% compared to the Philippines’ 20%. The first task is to restore law and order. Kidnappings of local Chinese have increased. 25. And it has a good chance of success because it is part of a region which is set for high growth. 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. And at least one typhoon struck each year. My remarks today are based on published reports. The CoRRECT™ Movement Website © 2020. Candidates made eloquent and stirring speeches. 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 … 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. In 1991 Mount Pinatubo erupted. In August he announced the complete liberalisation of foreign exchange regulations and ended 40 years of foreign exchange control in the country. It was politics enjoyed for its own sake. These life experiences drove him to fight for independence. I concluded that you have invited me because you wanted this conference of leading Filipino businessmen and public figures to hear my frank opinion. He was Singapore’s first prime minister and the architect of the small Southeast Asian city-state’s spectacular ascent from a British tropical outpost with no natural resources to a global trade and financial center, and one of the world’s wealthiest countries on a per capita basis. We have got seven Catholics, and they are all good Catholics. Nápoles & Pork Barrel: It’s the Lousy System. They cut down protection and opened up their industries and services to competition. They should undertake this vital job as their national duty. Then the world will soon change its views of prospects for the Philippines. The question I ask is: 5. The Philippines is immensely better off compared to Afghanistan or Lebanon or Sri Lanka. The exuberance of democracy leads to undisciplined and disorderly conditions which are inimical to development. 10. Text Size. Filipinos have no empty, wealthy continent to make them rich. Second : Concentrate on economics not politics or more accurately, politicking . 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. 20. In 1979, oil painter Chua Mia Tee depicted Lee's return from London after the Merdeka Talks. The result: “The joke in the Philippines is that 98% of the population are waiting for a telephone, and the other 2% for a dial tone. 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. Banking activities have increased and the stock market is upbeat. 5. (Build, Operate, Transfer) arrangements for power projects. I do not believe that democracy necessarily leads to development. Lee Kuan Yew fighting for workers . Lee Kuan Yew: Hard Truths to Keep Singapore Going (2011). Lee Kuan Yew was the first Prime Minister of Singapore (1959-1990). The Ramos Administration has started deregulation and liberalisation. If the Ramos Administration can make ordinary Filipinos understand that politics is not simply elections with singing, fiestas and giveaways, but that it is about their lives, jobs and wages, homes, schools, hospitals, the situation can change dramatically. 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. One Man’s View of the World (2013). Other schemes like B.O.O. 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. 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. From Third World to First: The Singapore Story: 1965-2000 (2000). We are right now reeling from the effects of this delay. By the early 80s, at first, Thailand, and next Malaysia, changed policies. That was because corruption was … 14. Share Tweet Email Whatsapp . However Filipinos are a people not without energy and talent. 7. 18. 21. President Duterte campaigned on the promise of following in President Ramos’ and President Macapagal-Arroyo’s footsteps in setting up the three main comprehensive reforms we need, but his unfortunate choice in Consultative Commission members led to so many of them out-voting the experts in the team, so that a substandard draft was produced. The tariff barriers had been a major element of an intricate web of regulations that have shackled Philippine entrepreneurs and only nurtured the favoured few cartels and monopolies, from banking and telecommunications to shipping – who have thrived through their privileged access to licenses, franchises and concessional loans.”, 16. The Wit and Wisdom of Lee Kuan Yew (2013). Even China and Vietnam now offer very liberal incentives and full foreign ownership. And you will notice that since the Vietnam War and the Great Society for some 28 years ago, the US system has not functioned even for the United States. Unlike these countries, the Philippines can pull itself together and get on with the job. 28. 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. Should the Philippines Turn Parliamentary? … There is a complete separation of powers between executive, legislature and judiciary. From the 1950s to the 70s, their policies were like those of the Philippines. What is needed is confidence, the confidence of investors, Filipinos and foreigners, that the government and the people are determined to get themselves out of the hole they are in. Having suffered at the hands of King George III of England, they wanted the opposite of a strong monarch. If the president carries through his liberalising of trade and investment regulations he will generate a new momentum in economic activities. ‘, 8. What do they get for that? Election campaigns were colourful and entertaining. 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. About 50% of Filipinos earn less than subsistence wage. The second task is to free the economy from controls and monopolies. 3. Women are equal to men in intellectual capacity.” “Societies which do not educate and use half their potential because they are women are those which will be the worse off.” Speech at … Central Intelligence Agency. 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. The system worked in America because of a super-abundance of resources and riches in a vast under-populated continent. (Build, Own, Operate) B.O.P.S. It starts with having a core group of united leaders with strong morality and integrity at the top of the government. 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. I know the Papal … Why are the Monsods so anti-Constitutional Reform? There will be no foreign military presence to conscribe the growth of the Filipino nation. — Lee Kuan Yew, Interview with Hirotsugu Koike, Nihon Keizai Shimbun, December 20th, 1990. 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. 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. Asia-Pacific region in the new geopolitical context Lee Kuan Yew (1990). On woman at work “The only differences between men and women workers are the physical and biological ones. They allowed 100% direct foreign investments. Lee … Their economic growth bounced from 3-4% to 8-10% per annum. The American Forces have left Subic Bay. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Thailand and Malaysia started to deregulate and liberalise. Text of the late Mr. Lee Kuan Yew’s speech taken from the National Archives of Singapore. There is already legislation to allow B.O.T. Malaysia and Indonesia have reduced their budget deficits to 2% of GNP or less since 1987, to less than a third of previous deficit levels. Rigoberto Tiglao wrote in the Review, “It has become obvious to economists now that the ‘nationalist industrialisation’ rhetoric has benefited only a group of inefficient oligarchs – including some heading US-owned firms – from beer brewing to soap manufacturing to appliance assembly. But events left an indelible mark on him. In this story we’ll talk about how Lee defined leadership and chose leaders. 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. Banking activities have increased and the use of English is widespread: the Singapore story: 1965-2000 ( ). The System worked in America because of a strong monarch example and the pace Lee. A start of what should be a politician, let alone a statesman, as boy! 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