Thread: Philippine politics and economics
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09-01-19 02:17 #1145
Posts: 1562Originally Posted by PedroMorales [View Original Post]
One way to characterize the complicated budget system is as bureaucratic redtape. Another possibility is that, because there are so many working parts, each one is a point of leverage for corruption.
Some thoughtful observers suggest that Philippine budget systems, personnel practices, and regulations are borrowed from the West, and especially the United States, but that the systems are only formalistic on paper, whereas in fact most of them operate in part as good ole boy (and only a few girls') systems.
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08-25-19 23:00 #1144
Posts: 1056Budget Blues
I ended up on Wikipedia's page explaining what a Budget is. Budgeting, as many know, is not the strong card of the lovley ladies we meet. Anyway, here is the link https://en.wikipedia.org/wiki/Budget.
Here is the relevant piece that caught my eye: Philippines: The Philippine budget is considered the most complicated in the world, incorporating multiple approaches in one single budget system: line-item (budget execution), performance (budget accountability), and zero-based budgeting.
I think that says it all really. More complicated than the USA, China, the G7's and every little state in Africa. Goodnight Manila! Keep praying to Santa Nino, who has give up on the lot of you, if he has any sense.
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01-24-19 03:26 #1143
Posts: 2118Originally Posted by KabulGuy [View Original Post]
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01-24-19 01:34 #1142
Posts: 3278Originally Posted by KabulGuy [View Original Post]
Don't forget that people over 35 can not find a decent job. All the housekeepers I see in the hotels are HRM grads in their 20's. I give these HRM grads credit for working hard. I usually leave a 50-100 peso tip daily.
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01-23-19 23:02 #1141
Posts: 985Originally Posted by SoapySmith [View Original Post]
The quality of a graduate here is highly variable. I have worked with some world class engineers from here, I tried to get them to come to Canada when I was working there a couple of years ago but the red tape was too much. These are guys I would hire in an instant if I had an opening for them and they were available.
OTOH, I have found some people who had degrees but operated at about a grade 3 level. People that it is difficult to have a reasonable conservation with because their thought processes are so lacking in discipline.
Education here can be for profit, the biggest scam area is IMHO in the hotel and tourism areas. There are some good degrees tin that area but mostly it is a high cost training to be a desk cleark followed by several months of on job training that they get treated as slaves and pay for the privilege.
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01-23-19 21:50 #1140
Posts: 1562Originally Posted by RedKilt [View Original Post]
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01-19-19 08:22 #1139
Posts: 2118Originally Posted by SoapySmith [View Original Post]
Meanwhile, we get job applications from Masters students who can't put two words together to form a sentence and they wonder why they can't become managers on day 1.
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01-19-19 07:13 #1138
Posts: 3230Originally Posted by SoapySmith [View Original Post]
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01-18-19 18:42 #1137
Posts: 1562Originally Posted by DCups [View Original Post]
In the Phils there's also the problem of huge variability in the quality of institutions of higher education. So some people from colleges with weak reputations may never be employable in the professions for which they trained. On the other hand, the national university with the lowest tuition, Polytechnic University of the Philippines (PUP), reportedly has the most employable graduates in the eyes of employers. They tend to attract very bright, but often poor, students, and perhaps this implies a strong work ethic. On the other hand, they, along with UP, also have a reputation for political protest. Maybe that's what happens when you get a bunch of inspired, very bright, and poor young people together. There are a couple expats in the forum who know this stuff far better than I do.
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01-17-19 14:51 #1136
Posts: 3084Originally Posted by NakedGunz [View Original Post]
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01-17-19 07:39 #1135
Posts: 1562Originally Posted by NakedGunz [View Original Post]
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01-16-19 16:49 #1134
Posts: 1398Originally Posted by SoapySmith [View Original Post]
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01-16-19 08:35 #1133
Posts: 1562Originally Posted by Goferring [View Original Post]
Bill Gates and Mark Zuckerberg are examples of individuals who thrived financially without college degrees. And I have a high school classmate who spent three years in the Army in the 1960's, never attended college, moved to Florida, started a pest control business, and became a millionaire. I'm sure others in the forum know of similar cases. But these examples represent what is sometimes called "anecdotal evidence": interesting examples that are not representative. And, in the cases of Gates and Zuckerberg, both of these guys spent two years at Harvard before going it on their own. Jeff Bezos, for his part, has a bachelors degree from Princeton. But if average blokes think they can make out like this, they should think again.
There is evidence among Hispanic males, and especially African-American men, of peer pressure not to pursue higher education, because doing so is "giving in to the 'Man'. " So how's that working out for those guys? And surely there are bartenders and cab drivers who love to hold forth on the foolishness of college education, but please keep in mind that most of them either never undertook college or dropped out – and obviously have so much to show for these choices.
But in the interest of something more systematic than strong opinions, there is evidence from the states, although perhaps Europe, Canada, and Australia have competing evidence. Check out especially the US News story:
https://www.forbes.com/sites/johnebe...ollege-degree/#5 e33 f6 e75 ed8.
http://css.edu/the-sentinel-blog/com...ge-degree.html
https://unemploymentdata.com/unemplo...-unemployment/
https://money.cnn.com/infographic/ec...ngs/index.html
https://www.usnews.com/news/articles...l-grads-widens
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01-14-19 10:36 #1132
Posts: 193Originally Posted by Goferring [View Original Post]
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01-14-19 02:38 #1131
Posts: 3459Originally Posted by KabulGuy [View Original Post]
Criminal gangs often have the skills and ability to operate very successful front companies. I've worked with militant unionized employees who, if they put their same effort into doing work rather than avoiding it, would be star employees and not need the union at all. Many problem kids have the natural smarts to flourish once they leave a structured, one size fits all education system and can find their own path in life.
I truely believe that the days of a structured education followed by dedication to a "real" job being the only path to success are over.