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  1. Fleiur

    peter Zeihan 2020

    The Philippines is a highly centralized republic with a lot of protectionist policies and oligarchal lobbies. It is extremely hard to invest there if you're a foreigner. All businesses must have a Filipino own 60% of it. Federalism and an open economy is the only way for the Philippines to develop.
  2. Fleiur

    peter Zeihan 2020

    It is the Filipino oligarchs who don't want competition. Duterte wanted to decentralize power in a federal system. And people are now pushing for constitutional reform to scrap the 60/40 restrictions in the constitution. Duterte succeeded with giving autonomy to BARMM. People are counting on...
  3. Fleiur

    peter Zeihan 2020

    Yeah. The anti reformists likes to paint false narrative. They are the ones who don't want to decentralized the Philippines and scrap the 60/40 restrictions for foreign investors. They want the oligarchs to monopolize the country. And Imperial Manila in control of everything.
  4. Fleiur

    peter Zeihan 2020

    That is strange. Last I checked, Duterte wanted to decentralize power in a federal system. That will mean less power for the central government/Imperial Manila. He also negotiated greater autonomy for the BARMM as a sort of prototype for federalism. Yellows/Leftists keep saying that he wants to...
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