By Guillermo M. Luz
The next three years, from 2013 to 2016, are critical years for the Philippines. They represent the last three years of the Aquino administration—the second half of the six-year journey to completed reforms and better governance. Coming off a first half that saw the country growing from strength to strength and gaining in visibility on the global stage, the second half will bring greater attention, higher expectations, and more pressure to deliver results. It will be equally important to think about institutionalizing reforms so they become irreversible. The reforms must outlast the term of the present administration. These will be its greatest legacy. We all have a role to play in creating this legacy.
Posted: April 20th, 2013 in Columnists,Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »
By Guillermo M. Luz
It’s one of the key measures of our competitiveness and a report titled “The Ease of Doing Business,” prepared by the International Finance Corp. (IFC, a part of the World Bank Group), measures precisely that for the last 10 years. The report tracks the ease of doing business across 10 important processes or transactions which any business must undertake with a government agency or agencies. The key measures are the number of steps, the amount of time (measured in days), and the cost of going through these transactions. In some cases, it simply measures the presence or absence of a mechanism that offers investors some protection or access to information.
Posted: February 22nd, 2013 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »