October 2007 Archives
Is there hope for the future? Recall that, from the inference made by Jones (1997 and 2002) on the very long-run evolution of the world distribution of living standards, the Philippines is right on the demarcation line of countries headed for different futures. If it gets its act together—and this is a big if—the country may yet join the high performers that are tending toward high steady-state levels of output per worker. But to do so, it must exhibit a high growth rate (faster than that of the technological frontier) over a long period of time (as Hong Kong, Singapore, South Korea, and Taiwan have done), by persistently pushing out the steady-state level of output per worker to which it is headed, not so much by achieving a higher saving rate, a lower population growth rate, and a higher quality workforce, although these will help because of synergistic effects, but by significantly improving its total factor productivity. Growth and modern development economics tell us, however, that this is not so easily done, because it involves improving the quality of the country’s social infrastructure by taking on the vestiges of our history and culture that are growth-constraining, such as flawed leadership that values loyalty more than competence, an entrenched political and business oligarchy that unashamedly promotes and jealously protects its narrow self-interests, and an incentive structure that is nepotistic rather than meritocratic and that rewards thievery and corruption more than honest, hard work. In particular, three absolutely essential and indispensable elements for social transformation are: an effective, efficient, and high-quality education system, a vigilant civil society that demands high accountability from the government, and a competent, corruption-intolerant government administration of firm purpose committed to reform and transformation.I watched him distill his paper into a PowerPoint presentation, which also addressed some concerns about whether or not the economy is really improving, and whether the improvements that are taking place, are sustainable. He gamely presented his findings to high school and college students at the forum we both attended last Monday. Here's the presentation, which I hope you will download and then we can all discuss it some more. I belive facts and numbers, economy-wise, are less mysterious to John than me, so maybe he'd like to take a look-see first.
Here is the paper.
Here is his PPT presentation: economic briefing-2.ppt
Technorati Tags: economy, philippines, politics
After beating the first of the Mexican trinity of boxing icons, Marco Antonio Barrera, into submission, Pacquiao showed his limitations when he drew with the second, Juan Manuel Marquez. He had famously knocked Marquez down three times in the first round with his thundering left cross; but success with his most potent weapon made him forget everything else in his armory. That night last May, to hear the laidback Roach say it, "he got kinda happy with the left hand." After getting his bearings in the first two rounds, Marquez figured out how and when to avoid Pacquiao's left, or at least contain the damage. After the controversial draw, some boxing experts immediately said the Marquez match proved that Pacquiao was a one-dimensional fighter. Rather memorably, one boxing writer said Pacquiao showed up at the MGM Grand Arena without a Plan B. So you could say that the whole point of his eight-week training, in preparation for today's fight against the third person of the Mexican trinity, Erik Morales, was precisely to furnish him with Plan B, and perhaps C and D and E as well. "I'm just making Manny a more complete fighter," Roach told the Inquirer and InqTV last month, in his cramped office inside Wild Card. The smell of sweat Wild Card, located at the corner of Santa Monica Boulevard and Vine Street, in the heart of Hollywood, is a small, simple, four-walls-and-a-ring affair. It sits on top of a Laundromat; you enter through a solitary door at the back. When you walk in, you immediately smell the faint scent of sweat. Even on Sundays, when the gym is technically closed, you can smell it. (Technically, because some die-hards continue to show up, and some of the trainers live in the gym.) The windows are never opened. "Everybody's trying to make weight," one of its seven trainers once said. As you walk in, there is a workaday counter to your left. That's where much of the business part of the gym is conducted: ex-heavyweight Justin Fortune advising a gym regular, ex-featherweight Pepper Roach (the coach's brother) answering the occasional phone call, ex-light heavyweight Maka Foley collecting the dues. (The rates are $50 a month, or "$5 a day if you come once a week," in Pepper's words. The dues allow you to use the gym, but to hire the services of a trainer you need to pay them by the hour. Some charge $50 an hour, others $25, still others $10.) In the center of the gym is a standard Everlast ring. Gym bags and duffel bags line one side of it. There is a treadmill, a couple of double-end bags, three speed bags, four punching bags. The walls are plastered with boxing pictures, fight bills, posters of famous boxers. In the middle of the gym, along one side of the ring, is a black-and-white picture of a young Muhammad Ali. It looks to all the world like an icon on a boxing altar. Across the gym from this picture, on the outside wall of Roach's cramped office, is another picture of Ali, no longer young. He is inside a ring, giving pointers to his daughter Laila, who of course took up the unforgiving sport after him. It takes some time before your eyes adjust, and then you realize that the picture was taken in Wild Card. Roach has said in more than one interview that Ali's visit was the happiest day of his life. Coming from a man who was inducted into the Boxing Hall of Fame for training numerous world champions, starting with his first one, four-time champion Virgil Hill, and including James Toney and Mike Tyson, this is saying something. Working the mitts Like his two brothers Pepper and Joey and his father Paul, Roach fought as a featherweight, but a knee injury stopped him cold. Today he walks with a limp, but if you only saw him inside the ring, working the punch mitts, and unless you knew about it beforehand, you wouldn't know his knees had betrayed him. When Pacquiao is in training, he follows Roach's regular schedule: sparring sessions three times a week, and punch mitts on alternate days. One session started with Pacquiao rattling off with a series of right hooks, seven or eight of them, in quick succession. They then quickly settle into a routine, trying or practicing certain sequences. Two right jabs, a left cross, then a right hook. A right jab, a left hook, a right hook, then a right to the side. Two right jabs, then a left hook. Pacquiao punctuates the sequences with his own sound effects. A one-two combination: "pak, boom!" Two rights then a left hook: "pak, pak, boom!" A prolonged sequence: "uhm, uhm, uhm," then, "boom!" (At one point, bothered by the headband he was wearing, he takes it off and throws it across the ring.) Roach, who has taken off his eyeglasses, is all business. "One-two," he calls out. Or "Four," meaning two right jabs, a left hook, then a right. "Again." And then "Again." He grunts instructions or encouragement. "Good." "In." "Under." Working with the mitts, Pacquiao and Roach talk all the time. In another session, for instance, Pacquiao stops in the middle of a round and looks up at Roach. "Sometimes," he says, outlining a right cross to the body, "but sometimes," he continues, exaggerating a right hook. His trainer nods. Good. Okay. When the automated bell rings, they take a break for 30 seconds. When the bell rings again, they jump back to the center. Each session runs three minutes, like a regular round in boxing. On a regular day, they do six or seven rounds. "My philosophy on boxing is we box three days a week, and the other three days we work on technique with the mitts," Roach explained. Technique, you might say, is just another word for Plan B.
The image is profoundly disturbing. The picture, published in many newspapers, shows a dead Burmese monk, floating face down in a murky river. His saffron robe has turned pale; it has turned the color of human flesh, drained of blood. Hints of saffron can still be glimpsed, partly hidden by the body of the slain protester. The close-up photograph suggests that the rivers of Burma (Myanmar) have been turned into makeshift graveyards, full of other bodies.The detailed story in the Mail is worth a close read. But here's the most disturbing of the photos included in the story:
