JEERS TO philstar.com for misunderstanding a report, and then carelessly highlighting a comment to support its conclusion.
Philstar.com published the report “’Booming Philippine economy fruit of Arroyo admin, not PNoy’s”, based on a Financial Times blog post “Philippines: assessing the ‘key man’ risk” by David Pilling. (July 11)
Philstar.com chose to emphasize the following paragraph in Pilling’s post: “In truth, some of the macro-economic improvements have been the fruit of policy changes outside his administration, particularly at the central bank.
Although his predecessor, Gloria Macapagal Arroyo, was deeply unpopular and accused of overseeing a corrupt administration, much of the improvement in economic fundamentals can be dated to her government.”
However, the commentary noted a number of reasons for the “stable” Philippine economy and growth. The focus of Pilling’s commentary was the state of economy under the Aquino administration and how the “country’s improved performance” will continue even when President Benigno S. Aquino III, whose programs emphasize good governance, steps down in 2016.
It would have been better if philstar.com discussed the differences and/or similarities between the economic policies of the Aquino and Arroyo administrations. Without digging into the issues raised by the commentary, the news report did not contribute to a deeper understanding of the impact of government policies on Philippine development.