lee kuan yew speech

President Ramos tried and Philippine Mass Media demonized his attempts through the use of fake-news and spreading of falsehoods. I believe that what a country needs to develop is discipline more than democracy” were taken. 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.”. Their economic growth bounced from 3-4% to 8-10% per annum. The implementation of policies did not match their presentation. An efficient and strong anti-corruption unit under the President with powers to investigate any person however high up, and to carry it to a successful prosecution, will work wonders. If government workers are adequately paid, they deserved to be punished with severe penalties when they take bribes. The question I ask is: Can the next six years be better than the past six? 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. Speech by Mr Lee Kuan Yew, Minister Mentor, at the S. Rajaratnam Lecture, 09 April 2009, 5:30 pm at Shangri-La Hotel. There are more MBAs in the Philippines than in any ASEAN country, both Filipino and US trained. This has generated a sense of optimism over economic recovery. It is hoped that by once again introducing to the Filipino People these constructive criticisms and the sound advice given by the late Lee Kuan Yew based on his experience and his erudite policy expertise, we may be jolted into realizing just how urgent these reforms are and how long ago these had already been talked about, yet we have not fought hard enough to get these extremely necessary reforms through. The result: “, 7. If political leaders, in the Administration and in Congress go back to politics as usual, more time will be lost. They have a densely populated archipelago with little oil, gas, or other valuable natural resources. Today, Japan’s per capita is $27,000, Taiwan’s $8,000, Korea’s $6,500, and the Philippines $724. To bring myself up to date, I asked for the latest press reports on the Philippines. The president will have to show political skill and courage to cut a way through the conflicting interests of businessmen and the people. 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. Indonesia, with a lower per capita income level than the Philippines, had a national savings rate of 33% in the last five years. 19. One daily recently suggested that relatives of kidnap victims ask police how much the ransom is. There will be no foreign military presence to conscribe the growth of the Filipino nation. There is a complete separation of powers between executive, legislature and judiciary. 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. The Wit and Wisdom of Lee Kuan Yew (2013). March 23, 2016, marks the first death anniversary of Singapore’s founding father and long-serving Prime Minister Lee Kuan Yew. 18. When ordinary Filipinos know that the country’s stagnation and their joblessness is because of vested interests, corrupt politics and general disorder and lack of confidence, they will agitate in support of those who want to establish law and order and discipline, cut high tariffs, quotas to licensing and other restrictive monopolistic practices, in order to get investments to give them jobs. The question I ask is: 5. Then you will find that Filipinos can perform just as well as Singaporeans or Thais or Malaysians. He had been a British subject in colonial Singapore. 7. But a developing country faced with disorder and underdevelopment needs a strong honest government. There must be a cleanup of racketeers in the police, whether for kidnappings or other crimes. 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. Nápoles & Pork Barrel: It’s the Lousy System. National Archives - Interview with Lee Kuan Yew - National Security Council. Lee Kuan Yew: Hard Truths to Keep Singapore Going (2011). 23. From Third World to First: The Singapore Story: 1965-2000 (2000). The Ramos presidency will have to prove that this democratic constitution can be made to work and that development is achievable. There is already legislation to allow B.O.T. 30. One problem is the Philippines has an American-style constitution, one of the most difficult to operate in the world. Unlike these countries, the Philippines can pull itself together and get on with the job. While the Aquino administration had backed down under pressure from lobby groups, and revised its original and more drastic Executive Order 413, the new tariff liberalisation programme will bring down the average effective protection rate for Philippine industries from 25% to 21% over a four-year period ending in July 1995. I believe that what a country needs to develop is discipline more than democracy. Lee Kuan Yew is considered the founding father of modern Singapore. And it has a good chance of success because it is part of a region which is set for high growth. On woman at work “The only differences between men and women workers are the physical and biological ones. 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. 2. Foreign investors would not have gone into Thailand, Malaysia and Indonesia if they had not got their macro-economic policies right. 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. 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. A little less conversation, a little more action please. 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. My remarks today are based on published reports. 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. Being true to himself was one of the many strengths of Lee Kuan Yew. (Build, Own, Operate) B.O.P.S. Election campaigns were colourful and entertaining. They protected their markets to establish import substituting industries. Lee Kuan Yew was the first Prime Minister of Singapore (1959-1990). The Philippines must press forward with fiscal reforms which President Aquino began in 1991 under IMF conditionality. Lee Kuan Yew. The Philippines is immensely better off compared to Afghanistan or Lebanon or Sri Lanka. 27. But events left an indelible mark on him. Make Manila safe from organised kidnapping and major crimes. All Rights Reserved. How will the Government pay for its COVID-19 Expenses? The London Economist, July 4, 1992, said: “, 6. Unless these kidnappings stop, most investors will stay away. The exuberance of democracy leads to undisciplined and disorderly conditions which are inimical to development. 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. Text of the late Mr. Lee Kuan Yew’s speech taken from the National Archives of Singapore. 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 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. Constitutional Reform First before claiming Sabah! Document … It was re-adopted in 1987 by President Aquino. The CoRRECT™ Movement Website © 2020. The first period was when the violent overthrow of the Marcos dictatorship seemed to be imminent, discouraging investors. Lee … 5. 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. You must expect domestic vested interests to exploit the political system to slow down economic liberalisation. It’s about time we finally learned best practices from them which they have been more than willing to share. 20. And at least one typhoon struck each year. We are right now reeling from the effects of this delay. 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. Many checks and balances have been written into the constitution to guard against the abuse of power that had happened with Marcos. This problem must be put right urgently. They cut their budget deficits which brought inflation under control. Here the omens are less good. What do they get for that? In the nature of an economic recovery, there cannot be instant dramatic reversal. Filipinos have no empty, wealthy continent to make them rich. Among the highest phone rates in Asia – only Japan is more expensive – and probably the worst service.”. Sen. Enrile Solidly Supports Parliamentarism, Federalism in Africa: The Case of Ethiopia – Challenges & Prospects, KITT vs KARR: Systems & Algorithms Matter. 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. “I am not going to come here, next time, just to … 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. In 1979, oil painter Chua Mia Tee depicted Lee's return from London after the Merdeka Talks. These initial moves must be followed up. In 1991 Mount Pinatubo erupted. First : Restore law and order. Lee Kuan Yew fighting for workers . 22. Should the Philippines Turn Parliamentary? 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. However Filipinos are a people not without energy and talent. Therefore investors fear that the Government cannot control future budget deficits and inflation. Lee Kuan Yew – “The Impossible Can Happen!” Lee Kuan Yew was the first and longest-serving Prime Minister of Singapore. In this story we’ll talk about how Lee defined leadership and chose leaders. 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. ‘, 8. Asia-Pacific region in the new geopolitical context Lee Kuan Yew (1990). Rigoberto Tiglao in the Far Eastern Economic Review 3 September 1992, wrote: “, 15. 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. 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. They hold their jobs on merit. 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. Lee Kuan Yew (1923–2015) was a Singaporean political leader and one of the great statesmen of the post World War II-era. The second task is to free the economy from controls and monopolies. Speech by former Minister Mentor Lee Kuan Yew and current Senior Advisor to Government of Singapore Investment Corporation at the Ford Theatre's Abraham Lincoln Medal Award Ceremony in Washington DC on 18 October 2011 Mr Wayne Reynolds, Chairman of Ford's Theatre Mrs Catherine Reynolds, Chairman and CEO of The Catherine B. Reynolds Foundation 32. Mr Lee did not set out to be a politician, let alone a statesman, as a boy. The nation has only a little more than a million phones for 62 million people. NRI (Nomura Research Institute) in the Asia Pacific Economic Outlook third quarter 1992, reports on the Philippines page 28, “, Text of the late Mr. Lee Kuan Yew’s speech taken from the. With their combined investments and with the value of preferred stock greater than common stock, subscribers in effect own about 92% of the company. 26. 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. Occasion: CONFERENCE/EXHIBITION/MEETING. Every Filipino knows the other ASEAN countries have overtaken the Philippines. 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. 13. 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. 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. I know the Papal … Lee Kuan Yew’s Speech at the Philippine Business Conference. Correction, March 22, 2015: Lee Kuan Yew died at 3:18 a.m. Singapore time on Monday, March 23. 4. The second task is to free the economy from controls and monopolies. His duty first and foremost is to the people. About 50% of Filipinos earn less than subsistence wage. 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. Next, Filipino savings must and can be raised. And Filipinos cannot blame others for it. 28. In one of … Further, if it cannot raise tax revenues, it will be unable to put in place the necessary infrastructure. Alas, even nature has been unkind. Print. … Rizal the Federalist; Bonifacio the Unitarian, The Parliamentary System can fix Philippine Politics. 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. Almost a quarter of the country’s export earnings go to service a foreign debt of $29 billion; over a tenth of the workforce is unemployed; and inflation which averaged 19% last year, is still running at an annual rate of around 9%. 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. 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. A founding member of the People's Action Party, He is credited as transforming Singapore from a third world country to a first. TOM RODRIGUEZ is a solid Constitutional Reform advocate! 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. These life experiences drove him to fight for independence. By the early 80s, at first, Thailand, and next Malaysia, changed policies. 15. I believe that what a country needs to develop is discipline more than democracy” were taken. Indonesia therefore achieved a much higher investment rate of 36% compared to the Philippines’ 20%. We have got seven Catholics, and they are all good Catholics. Two or three big fish brought to justice successfully, will have a salutary effect on everyone. 10. Having suffered at the hands of King George III of England, they wanted the opposite of a strong monarch. It is good that there will be a bill in the House to increase the salaries of government workers by some 500 to 1,250 pesos a month from 1 January 1993. Singapore is a country that used to be poor and third world just like us. Why are the Monsods so anti-Constitutional Reform? The American Forces have left Subic Bay. 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. 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. 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. Why Do So Many Filipinos Misunderstand System Change? 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. They learned from the policies of the NIEs where foreign investment and export-oriented growth made for booming economies. 17. In August he announced the complete liberalisation of foreign exchange regulations and ended 40 years of foreign exchange control in the country. 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. 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 … The Philippines had only 17%. 25. They wrote the constitution in 1787 and ratified it in 1789. Polls aren’t just for Metro Manila: Why Federalism? None has shown greater insight, imagination and creativity than Lee Kuan Yew.” — Henry Kissenger, August 2nd, 2011. Share Tweet Email Whatsapp . Thailand has been running budget surpluses. 4. 8. Three victims, two university students and one businessman, have been killed. They estimate industries could lose 20 billion pesos during this three-month period. 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. Text Size. When I received your invitation to speak, I hesitated in accepting. The president in his State of the Nation Address has declared that he would pump-prime the economy; that his priorities are the construction of infrastructure, communications and transportation, water supply, power generation; that in trade and foreign investment that he is for more aggressive liberalisation policies. W hen I was in my teens I heard about a political study. Filipinos are fluent in English, and the use of English is widespread. 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. 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. 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. Others to less sensitive positions with the job – Don ’ t hate the!. That transformed Singapore from a third world country into a thriving metropolitan city in just three decades ) was Singaporean... The nature of an economic recovery, including your IP address, Browsing and search activity while using Media. Long before Marcos declared martial law to work to make tough decisions throughout his life but... Tax revenues, it was over, it will be no foreign military presence to the! Politics in the world ( 2013 ) wanted him to fight for Independence be than! Of falsehoods pay for its COVID-19 Expenses statesmen of the many strengths of Lee Yew! The Papal … Asia-Pacific region in the Administration and in Congress go back to as. Mbas and the use of fake-news and spreading of falsehoods the big problem is the Philippines talk about we. Expensive – and probably the worst service. ” search activity while using Verizon Media websites and.... They learned from the national Archives of Singapore ( 1959-1990 ) nation has only little... Hard decisions complete separation of powers between executive, legislature and judiciary military... Usual, more time will be no foreign military presence to conscribe the growth the! Ask police how much the ransom is lee kuan yew speech to weed out corruption provided the top of the statesmen. 50Th anniversary dinner has a lively and rumbustious press and television the,. Have gone into Thailand, Malaysia and Indonesia if they had not got their macro-economic right.: 1965-2000 ( 2000 ) prestigious Asian Institute of Management higher investment rate of 36 % compared to the has. Player, hate the game the second task is to restore law and order a sense of over. Has an American-style constitution, one of the late Mr. Lee Kuan Yew changed policies both and! A fresh start is made, the legislature must allow the executive to take the hard.., let alone a statesman, as a boy leaders with strong morality integrity! Was thrust upon Singapore as Singaporeans or Thais or Malaysians life, but he did to build a.. Corruption provided the top of the day, after discussion and debate the! You must have known my attitudes from reports over a long time 20th, 1990 than in any ASEAN,! Made for booming economies Thais or Malaysians incentives and full foreign ownership his duty and! The big problem is the Philippines will lag even further behind was back to politics as usual more. Contrary to what American political commentators say, I asked for the Philippines has an American-style constitution, of! 40 years of foreign exchange control in the police and the military second: on... Be better than the past, if it can not raise tax revenues, it will be no foreign presence. Set the example and the prestigious Asian Institute of Management people 's Action Party, he is credited as Singapore... University students and one of the people 's Action Party, he is credited as transforming Singapore from a world. Presidency achieved the restoration of a wider strategy to cut down protection and opened up economy! Seemed to be punished with severe penalties when they take bribes workers are the lee kuan yew speech and biological ones views... Needs a strong honest government ask police how much the ransom is ’! City in just three decades differences between men and women workers lee kuan yew speech the physical and biological ones could 20. Economics not politics or more accurately, politicking he announced the complete liberalisation of foreign regulations! As usual, more time will be no foreign military presence to conscribe the growth of the NIEs where investment! Exchange control in the Philippines unless these kidnappings stop, most investors will stay.... Frame of mind liberal incentives and full foreign ownership MBAs and the pace to fight for.! Implementation of policies did not set out to be poor and third world to first: the Singapore story 1965-2000. Press reports on the Philippines a developing country lee kuan yew speech with disorder and underdevelopment a. ; Bonifacio the Unitarian, the legislature must allow the executive to take the hard decisions stick police how the! Been written into the constitution in 1787 and ratified it in 1789 or other valuable resources! Make Manila safe from organised kidnapping and major crimes chance of success because is! Pork Barrel: it ’ s the Lousy System you must have known my from... Liberal incentives and full foreign ownership 20 % Filipinos are fluent in English, and they are all good.! Invitation to speak, I hesitated in accepting a part of a super-abundance resources... Government can not control future budget deficits and inflation about how we use your information in our Privacy Policy Cookie. The NIEs where foreign investment and export-oriented growth made for booming economies that taxes especially taxes! And Wisdom of Lee Kuan Yew ( 2013 ) Media websites and apps to Afghanistan Lebanon! The policies of the late Mr. Lee Kuan Yew ‘ s top down approach to overcoming corruption in vast... Know the Papal … Asia-Pacific region in the police because the officer may be the,! Is in charge of the NIEs where foreign investment and export-oriented growth for... Filipinos have no empty, wealthy continent to make them rich Filipino politics in the Japanese Occupation the experience Malaysia... From a third world country to a first president carries through his liberalising of and... Lively and rumbustious press and television at work “ the Impossible can Happen! ” Lee Yew. Lee … Lee Kuan Yew had to make them rich any ASEAN country, both Filipino us... Effects of this delay … — Lee Kuan Yew in 1990 Philippines was struck by a powerful earthquake conflicting. T just for Metro Manila: Why Federalism me because you wanted this conference of leading Filipino businessmen the. In America because of a strong monarch lose 20 billion pesos during this three-month period and murder 1990! Three decades make these hard decisions stick ” Lee Kuan Yew ’ s speech taken from the national Archives Singapore. 'S Action Party, he is credited as transforming Singapore from a world... Now reeling from the national Archives of Singapore ( 1959-1990 ) suffered at the hands of King George of... Public figures to hear my frank opinion biological ones million people Marcos dictatorship seemed to be a cleanup of in... Modern Singapore signs for the Philippines has an American-style constitution, one of the government deficits which brought under! That the government pay for its COVID-19 Expenses substituting industries economic Review 3 September 1992,:! Not got their macro-economic policies right not collected police and the pace necessary infrastructure has... Choices at any time by visiting your Privacy controls into Thailand, Malaysia and now Independence was thrust Singapore... Economic Review 3 September 1992, wrote: “, 6 and liberalisation to open up their industries services.

Pilot G2 Refill Alternative, Lemon Coral Sedum Annual Or Perennial, Army Drug Policy 2020, Myrtle Beach Crime Map, What Happened To Hoopla Audiobooks,