Sapian Online (SOL) celebrates the New Year with an upgrade. The upgrade renews SOL’s commitment to reconnect Sapianons and, most importantly, affirm that Sapian is part and parcel of the global community.

Only a few New Years ago, the concept of globalization was a faint hum in the academe and Western capitals. Global concept for Sapian was no more than having relatives living or working overseas. And while we have been preoccupied with NPAs and lost commands, the miserable state of transportation and telecommunications made us feel that Sapian was too far removed from the world’s wars, political conflicts and religious extremism. Sapian’s potential physical exposure to a global crisis has been as rare and statistically remote as the fall of Skylab in July 1979. Likewise, the bottomless bounty of Sapian Bay and abundant produce on land cushioned Sapianons from the ill effects of economic downturns in the West. And the weather was a truly predictable cycle of monsoon rains with occasional surge to typhoons and dry summers with occasional drought spells. Gone were those days.

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FEMOCRACY AND HOME ECONOMICS 4

FILIPINA, I SEEK YOU

Women giving high priority to their career is the main cause of families breaking down in the western world. As a result some disgruntled men are looking for family- oriented women from different cultural background. The majority of those that westerners seek are Filipinas.

People’s perception of the Filipina vary from country to country, some of it  are very negative indeed. Most of it are classic stereotypes that  I mentioned in the first chapter of this series. But all that are changing.

Countries who hired Filipinas in their homes soon realised that they are decent people who wants nothing more than be given a chance to work and be paid inorder to support a family back home. They soon realised that since Filipinas are educated, religious, peace- loving and clean, they can be trusted to run their homes smoothly and with ease. In some non- English speaking countries, families intentionally choose a Filipina over other nationalities for a maid because they could double as tutors as they speak English fairly well, or better that they could.  Filipinas hardly complain and just concentrate on the work at hand. It has to be said that even though they sank in the bottom of the career ladder, they tried their best to just get on with it .

The fact that many countries wanted to hire more Filipinas signifies that we have good qualities that people want us to fill that need in their homes. People observe that  and may be one of the reason why a great number of Filipina maids became brides particularly in Canada and Italy.  I remember a series in “Wakasan”, a  magazine in the Philippines when I was in high school in the 80s, (my entrepreneurial brother Alex has komiks for hire sa tyangge).  The title has something to do with “langis at tubig” (they will never mix)  where the Italian “boss” fell in love with his niece’ nanny named Laura (a Filipina), and the girl’s name was Marnelli (if I remember it right). It was a cute little series, I was just reading it for the love story element of it and was completely naive of the Filipino psyche then. 

The fact that some western men fall in love with a Filipina or in many instances deliberately choose a Filipina for a wife angers some so called elite Filipinos. It is a total impossibility to them and they take it to themselves to find a reason why those men could possibly want a Filipina. They seem to apply a counter stereotype directed to the foreigners, like they are looking for ignorant women that they can abuse; they are looking for backward women that would serve and obey them; they are looking for workers to take care of their children and clean their house for free; they will insure the Filipina (get her a life insurance policy) , kill her and claim the insurance money afterwards; and the most gruesome one: they will kill her, chop her body, keep in the freezer and consume in the winter when food is scarce.

I wonder whether these ridiculous preconceptions has something more to do with our insecurities as a country. Having been colonised for so many years,  we may not feel comfortable being directly linked to former colonisers or people from superior societies as equals. Not  wanting to accept the simple concept that these men want a woman who would make a wonderful wife and mother to their children. Someone to share their simple dreams with. While these stereotypes are mainly directed to the foreigners, I, as a Filipina who married a “foreigner” could not avoid but feel affected by it, hurt even. I used to ask myself: Are Filipinas not good enough to deserve the attention of the then colonisers? Are we that insecure?

During the mid 90’s I attended a function which the mayor in the neighbouring town organised especially for the Filipino community as part of the town’s “Beef Week” celebrations (by Filipino community, I mean Filipinas as there are only 2 Filipino men here). The Philippine government bought heads of cattle from Australia to be transported to the Philippines. In the presence of the Philippine Ambassador to Australia, the local mayor has nothing but praise for us Filipino- Australians . He stressed that since Filipinas  are “westernised”, we have no problem assimilating in the Australian society. We are always participating in events, we bring Filipino foods to share and our culture makes it easy for us to adapt and conform. Unlike other nationalities, we are comfortable in our skin, always smiling and always happy.

One of the solutions that the New South Wales government thought of to meet the challenge of nursing shortage in Australia was to offer a three- year  nursing scholarships to all migrants. More than eighty percent of those who took advantage of it and were qualified were Filipinas. The positive result reflects the fact that most Filipinas already have a college degree from the Philippines, have a good command of the English language, passed the exams and interviews.

A hospitality scholarship course was offered in a local TAFE college for migrants to prepare for tourism boom in the area, again, more than half of those who enrolled and qualified for the course were Filipinas. Some of these Filipinas were already working as cleaners in hotels or motels, but given a chance, you can see the burning desire to go in there to move up and compete.

An Australian couple, both teachers in the local private school wanted to adopt a child. They chose a boy from the Philippines. The adoption was approved and a year later, they adopted another one, this time a girl. The went back to the same excruciating adoption process and now they are proud parents of two Filipino kids. When asked why they chose Filipino children, they said, “because there are so many Filipinos here, they will never be lonely here. There will be plenty of support from the Filipino community.”

If a westerner choose a Filipina for a wife, it has to be because of the positive reasons. We are family- oriented, highly- spiritual, values friendships and simple- minded. It is not because we are stupid, ignorant, subservient, nor docile. There are instances when Filipinas find themselves in an unfortunate situation but as far as I know, in the developed world, the percentage is very low. I know of Filipinas who divorced their husbands and knows what to do when things go ugly. Filipinas are generally shy and peaceful in nature but knows how to growl when provoked.

Petropolitik, Sapian and China - Twelfth in a Continuing Series

The increased gas demand in Sapian may partly be attributed on the increased number of vehicles of more affluent Sapianons, and partly because of the improved quality of roads.

In the past, our national highway had been in a terribly despicable state. Most Youngblood contributors may not have recollection of what an ordeal it used to be just going to Roxas City. Public utility jeeps (PUJs) have been very few and I could still recite most of them from memory, namely, those of Nong Turing “Comos” Baldesimo, the Dennis series of former Vice Mayor Nita Baldesimo, a few from Dapdapan, i.e., the Monica of Nong Willy Martinez and that of the Bonaleses, and later, of Nong Loret Flores, driven by Nong Meo, and Nong Dodoy Teddy Vista, and Nong Culasing in Maninang. Aklan-bound, there was Kitahanon, and Nong Odong Vista’s Kamihanon. Later on, the family of Totit Obuyes acquired a few buses. Iloilo-bound, were R&K and later, Ceres would survive the grueling route. Nong Emoy Garcia and Nong Verino and Nang Rosit had the first tricycles to shuttle between Polacion and Crossing Talaba. In short, transportation was very, very scarce, and there was probably be one PUJ on every hour. You had to plan a trip to Roxas City. Leave as early in the morning as possible so you can return home just before dusk. Nobody would ever know what was the loading capacity then. Everyone was just too polite to move over on the middle bench until there is just enough room to breath and blink your eyes.  On the middle bench, you would tumble and turn. Your elbow may not move from Majanlud to Kilometer One. You had to disturb at least two other passengers whenever you straighten up a numbed leg. 

On rainy days, be prepared to take your shoes off. You’ll never know. In many instances, either its approach or the bridge itself is flushed away by flood water, or the road had suddenly melted into the surrounding rice paddies. Chances are, jeeps would either detour 40 miles, or stop dead then tell passengers to wade through flood and pump through mud to continue a journey on a waiting jeep. Summer months were as terrible with the clay that dried up into white, fine dust. You’ve had to wear a nose mask, cover your eyes and hair, and wear a jacket. Inside the jeep, air turbulence would cycle dust around. So you’re better off on the PUJ roof where air would blow dust away as soon as the jeep on the opposite lane had gone past, better than the hot, cramped, dusty “cabin” below.

For many of us, the best project for Sapian is to get road fixed. So, that was a priority research for me in Cory’s Malacanang. I found out then that help is on the way because the highway system, dubbed Panay Arterial Highway, was going full-speed ahead. The project had all the needed money from the US Agency for International Development (USAID). In fact, the Aklan-Antique and Antique-Iloilo phases have been mostly completed. The Kalibo Highway I: Passi-Lanot Road was nearing completion. The part for Sapian was dubbed, Panay Arterial Highway-Kalibo Highway Phase II, Lanot-Banga Road, had been bided out. I closely watched developments on this project and gave periodic status reports to my neighbors, Mely Baldesimo, Edwin Padasas and Giovanni Obuyes. I also gave copies of DPWH reports to the late Uncle Alber Gallardo, who was then the ABC President.

The problem was, the winning bidder, Turno America, had difficulty getting its equipment through Bureau of Customs. Turno claims that as an American contractor trying to implement a USAID project, it does not pay import taxes for its equipment. But former BIR Commissioner Liwayway Vinzons-Chato insisted that since the equipment are capital goods that are going to generate income in the Philippines, import taxes have to be paid. So, there was the long delay.

They did not resolve the Customs issue until Mt. Pinatubo erupted. A few days after the disaster, Malacanang scuttled all available unspent monies to pay for reconstruction, including that for Lanot-Banga Road. So, we’re again back to Zero!

During the time of FVR, and long after the demise of USAID funds, DPWH had been breaking grounds and inaugurating new roads and bridges around the country, left and right. These projects have been funded through the Medium-Term Public Investment Program (MTPIP). If we could only do the same for Lanot-Banga Road. So, it had become my conviction to guide former governors Borda of Capiz and Nang Nening, Governor Corazon Legaspi-Cabagnot of Aklan, to be on the same page. I advised them to raise the Lanot-Banga Road issue in all venues and forums, including all presidential visits to any province in Panay, League of Governors of the Philippines, or Cabinet Officers for Regional (CORD) meetings in Malacanang. And they did, Governor Cabagnot, particularly. Then we shepherded it from our end, including the Presidential Commitments and Directives Database that I maintained. As FVR fondly said, it had to be like a bibingka: fire on the top and fire at the bottom. But things stood still.

When FVR visited Capiz for a 3rd Army event during the term of Capiz Governor Esteban Contreras, concrete strides were made. Governor Cabagnot came to see me at Roxas Airpot. She wanted to speak at the dialogue, but she was not on the program. I added her amidst protests by Presidential Management Staff (PMS) Director Gina Jota. I took the heat, provided she mentions the Lanot-Banga Road problem. In our coordination meeting in the residence of Mrs. Judy Roxas in Baybay to thresh out issues to be raised to FVR, Lanot-Banga Road was added as one item. That meeting was attended by former Governor Contreras, Mayor (now Governor) Vicente Bermego, as President of Mayors League, and Congressman Mar Roxas. Two weeks later in dialogue with FVR, with former Congressman Roxas as moderator, both governors raised the same road issue. In reality, the governors did not stand to gain any monetary reward for a DPWH-administered project. So, their efforts and time have been pure civil service. Soon after that visit, with bibingka fire working on top and bottom, Malacanang endorsed the project to Regional Development Committee (RDC) Chairman Hechanova as a priority project. It later came back to us in the Joint Cabinet/NEDA Board meeting as an update to MTPIP. My supervisor, Director Jess Albar, speaking to me about that Cabinet road item, “There’s your item, take it.” I gladly wrote into the Cabinet records the Cabinet approval of that project. As part of MTPIP, it would have a guaranteed budget appropriation on the next fiscal year. That next year, the project was again bided out and construction finally commenced. Dozens of subcontractors took part in the construction.

Youngbloods would not have to suffer the ordeal we went through. Anyway, I rode through partly completed highway in the late 90s, with dirt road stretches and base courses every few kilometers. It was not until January 2005 that I rode the full stretch of the proud Lanot-Banga Road.

Petropolitik, Sapian and China - Ninth in a Continuing Series

Since it might prove hopeless for us to compete against China for limited petroleum supply, we should rather focus our energy to develop our agriculture. It was believed that we could not industrialize without modernizing our agriculture; now that we might never industrialize, it is the more reason to modernize our agriculture and small and medium enterprises (SMEs).

Projects in Negros and Bulacan deserve notice because they transcended limitations of land sizes. Size of lands has always been a perennial obstacle in economies-of-scale rice farming, especially since parcel sizes continue to be reduced as properties are passed down from generation to generation. In two barrios of Silay, Negros Occidental, farmers surveyed their properties, measured each parcel and valued them into commensurate share of ownership in a cooperative. Then, using their combined lands as collateral, they applied for multi-million Land Bank loan, bought tractors, seeders, and built post-harvest facilities. Then, they destroyed the pilapils, flattened their farmlands, installed irrigation system, and hired an agriculturist. They themselves have rotated turns in Board of Directors, as company officials, and as drivers and manual laborers. A similar project in Santa Maria, Bulacan, involves hundreds of farmers who established a self-sufficient, chicken production plant. They planted corn, manufactured feeds, raised chicken, produced eggs, processed meat, and hired sales and delivery staff to market their products. Their conveyor-based processing plant, which looks more like a Magnolia plant, was worth nearly P25 million. In Leyte, instead of selling copra, a cooperative built a coconut oil mill worth about P1.25 million. Because of profitability, they expanded to two more plants. Later, Japanese businessmen imported their coconut oil to be processed into special lubricant for high precision instruments. Now, they are reaping the benefits of their entrepreneurship.

FVR’s trip to Samar-Leyte was memorable. I was the point-person on the visit’s leg to Calbayog, Western Samar. So, I contacted the province, made all the arrangements and prepared the itinerary. On the morning of our ocular inspection, my alarm did not go off and woke up at 7:00 a.m., which was our take off time. I jumped up and sped to Villamor Air Base’s 205 Presidential Airlift Wing. When I arrived 45 minutes later, everyone, including Colonel Hermogenes Ebdane, then Deputy Commander of the Presidential Security Group (now DPWH Secretary), was already aboard the plane. People did not talk much to me until we arrived at Romualdez International Airport in Tacloban. Our aircraft stopped at the regional composite force helipads and we quickly boarded two waiting Hueys. After a brief warm up, we took off and I was relieved that my tardiness no longer matters. After about 15 minutes airborne through the coastline, the Huey in front turned back, then we followed. Soon we were back in Tacloban airport. The pilot of our Huey said that since we left too late that morning, return flight from Calbayog could be impossible because of thickened cloud cover that day. Now I had cold-chills again. Stranded after 10:00 a.m., everyone’s blaming me now. Colonel Ebdane was cool. That cool brought him to top. With no prior arrangement made on land transport, we boarded and transferred into a succession of government vehicles, practically from town to town.

We arrived in Calbayog by almost 3:00 p.m. The late Governor Jose Rono (former Deputy Prime Minister and Minister of Local Government under Marcos) patiently waited for us. Governor Rono was cool too. We ate (and cherished) a lunch that was ready since that morning and ready to spoil at that time. After an abbreviated meeting and a quick look into FVR’s venues we quickly headed back to Tacloban, non-stop this time. We arrived in Tacloban airport at around 8:30 p.m. and luckily, it is one of few domestic airports with fully operational night navigation system to support our type of aircraft. An Air Force officer joked that airport’s night instrumentation has been installed because Imelda usually flew home anytime she and Marcos had fights.   

That next day, our ocular trip was the worst in the history, I was ready to volunteer to swap with a co-worker for another visit. However, in an afternoon that next day, PSG operations staff called me that we were probably been saved by my tardiness. One of the two Huey choppers we briefly flew in exploded at sea. Everyone died, including General Orina, father of ABS-CBN anchorwoman Ces Orina-Drilon. If I remind Secretary Ebdane now, I may get a free meal in DPWH cafeteria.

Petropolitik, Sapian and China - Seventh in a Continuing Series

Then, an important aspect of this series on Sapian, China, and petropolitik is oil deregulation. In theory, it allowed any company to operate in the downstream oil industry. Of course, we do not have upstream oil industry to speak of. But this paved the way for the organization of 14 new players (e.g., Eastern, Shale Oil, Flying V, etc.) and arrival of French Elf Aquitaine and Total, and American company known as Coastal Petroleum. http://www.tsha.utexas.edu/handbook/online…es/CC/doc5.html

In addition to being a staff support to regular Cabinet Meetings, I also supported Cabinet Cluster on Energy (Cluster D). Policies on energy, including oil deregulation, price increases, etc., are regularly discussed, before directions are issued to the Energy Regulator Board. My brush with small time oil interests started when our cousin won as mayor of Tangalan, Aklan and came to Manila to explore for projects. We had a small network in the FVR Malacanang partly because former Presidential Counsel Antonio Tirol Carpio’s (now, a Supreme Court Justice) mother is from Tangalan and Boracay, and relative of Nong Liling Tirol of Majanlud and Bilao. FVR’s biographer Jojo Terencio is from Makato, plus the network of retired General Federico Ruiz. In any case, Mayor Francisco, whom I later brought to Toto Wally and Shirley Martinez house in Angkin on one New Year’s Eve on our way home from a rock crusher intended to supply quarry rocks to PhilEstate in Boracay, introduced me to Shell oil barge contractors. He used to work in Shell and had contacts with Shell tanker barge contractors. These contractors are also connected to the late Senator Robert Barbers in many ways. With that group, I saw Nong Richard Jamora, son of Auntie Titay, who is a Manager in Shell Tank Farm in Pandacan. Later, I would draft letters to Nong Richard on behalf of these interests pleading leniency for the petroleum safety violations or delivery shortfalls.

Coastal Petroleum, a Houston, Texas based company, contracted the use of underground petroleum storage in Subic Naval Base. The storage facility has a capacity of 2.4 million barrels, or worth over one week of total national consumption. My friends would later have transport services and distribution/trading contract with Subic Coastal.

Petropolitik, Sapian and China - Third in a Continuing Series

Sapian National High School (SNHS) is perched over a ridge terminating to a hill called Garrison. We were told that there was a Japanese garrison on the hill’s summit presiding on a mile long Dalit ambush area. Strategically located, it could literally shut down Poblacion from westerly traffic. In the mid-80s, Garrison peacefully ruled over the northwest side of Poblacion. It gave a good view of Sapian Bay and beyond it, Sibuyan Sea. On a nice weather, silhouette of Sibuyan Island could be seen on a horizon that stretches to approximately 180 degrees.

For SNHS students, that was a sprawling view of the world. Exhilarating but still tangible. It should have been enough world-view for us in high school. But our economics teacher, now Professor Norma J. Flores, insisted that there’s more world to see. Our Marcos-type classrooms have corrugated steel roof riddled with holes, both from corrosion and rocks hurled by students who want to leave their mark. On a rainy day, we would joke that classes are suspended because the chalk is wet. On sunny school days, streaks of light from the holes move about the floor as the sun progressed through the day. As our teachers belabored to school us, the streaks of sunlight, slowly moving on the roughly finished pavement and through rough, dismembered chairs, have been good digression. Sometimes, they would even tell exactly how soon the next change period would be. But Miss Flores, on one warm late morning, showed us two streaks of light into world-views hitherto limited as the horizon seen from Garrison. She explained to us the concepts of geopolitics and laissez-faire. Then, she talked about agrarian reform, money velocity, inflation rate, taxation as a regulating economic mechanism, and so on. As we delve into China’s unquenchable demand for petroleum, its transformation to the league of G-8 nations, and its implications for Sapian, the economic principles that Ms. Flores taught us three decades ago are still the same.

In fairness to China, we in Sapian also benefit from its abbreviated economic transformation. It brought us cheaper goods and commodities. A decade ago, many products would have been expensive to acquire and difficult to own. But because China produces them strike-free, with depressed wages, less stringent environmental regulations, government subsidies, centrally planned production system, input distribution network, and in such very large quantities, it is now easier to acquire them in Sapian. Nike made in the U.S. could have been prohibitive than the Nike made in China today, considering that raw materials and manufacturing process are essentially the same. The lowered cost of consumer goods allowed us to enjoy conveniences we do not have today if commodities are still being manufactured in Western nations. Take the example of cheaper electronic components. Cheap ICs, memory chips and flash memories allowed manufacture of cheaper cell phones, among hundreds of electronic goods and consumer durables. My former employer, a Sunnyvale-based Advanced Micro Devices, Inc., invested billions of dollars for a wafer fab in China. A classmate in Manila who manufactures household plastic products complained that Chinese imports are killing their family company. Better quality products are being imported into the Philippines from China with less than half the price if they are made in the Philippines. In fact, their raw materials, polyethylene (PE) and polypropelene (PP), are imported from napha-crackers in China. Such that, after costs for import duties, middlemen and transport, plastic products manufactured in Manila cannot stand a chance against those from China. On the plus side, this situation benefits consumers in Sapian. But the minus on domestic industries will be taken up on a future post.

China, even with its vast capital, cheap labor, controlled industrial system, and subsidized industries, would not be where it is today without laissez-faire. Ms. Flores told us that it is French concept by an early English economist, Adam Smith, that means “produce what you want, when you want, and sell where you want, at a price you want.”

In one holistic worldview, and a little dose of contemporary history, there was a geopolitical movement soon after the downfall of the former Soviet Union to disarm China of its age-old antagonism against the West, enlist its stable and centrally-planned economy as the factory of the world, harness it cheap and educated labor force, and enter its 1.3 billion people market. After the Cold War, it was learned that when you starve an enemy nation, it gets more ruthless to its citizens and connive more against you. But if you trade more with them, laissez-faire economic forces would materially reward their participation, creating a new middle class, and hasten economic liberalization that, in the end, will democratize key socio-political institutions. A facility to do this was the decades-old General Agreement on Tariffs and Trade (GATT), an economic club meant to remove trade barriers (i.e., tariffs, import taxes) among Western nations and their junior leagues. By mid-1990s, it was expanded into a new and improved GATT/World Trade Organization (GATT/WTO).

It was designed not only to counterbalance the growing influence of European Community, but also to enlist new nations, especially China. I did not have the opportunity to tell Miss Flores how her economics effortlessly replayed on my mind as I sat few paces from former presidents Cory Aquino and Fidel Ramos in Malacanang’s State Dining Room for the frequent Cabinet deliberations on GATT/WTO and petroleum deregulation.

Petropolitik, Sapian and China

The recent upsurge in world petroleum prices brought uncertainty to the global economy and brought stark reminders of the oil crisis of the 70s. In 1981, Ms. Ligaya Ofalla-Oro gave me an oratorical piece at a Sapian National High School contest. The topic was on oil crisis. It was surreal for me; all I had was a bicycle. Sapian then, while closely entwined with global petropolitik, did not have strong demand for gasoline.

In any event, it is worth to revisit. The oil crisis three decades ago was a showdown between the cartelized Western transnational oil companies and oil producing autocracies united under the then newly formed Organization of Oil Producing Countries (OPEC). OPEC, including the former USSR, brandished its newfound power at the height of Cold War, primarily against the United States, the largest petroleum trader and consumer. The induced shortage due to lowered supply was to assert OPEC power - a purely political theme.

At that time, impact on Sapian was muted. The highway system was in sad state so very few invested on vehicles even in Poblacion. Traffic of public transport plying Bilao-Damayan-Roxas City was probably less than one every hour. As such, per capital petroleum consumption, diesel at that, had been negligible. So no one really cared much about oil prices more than whines from commuters. Capiz Electric Cooperative (CAPELCO) had only installed power transmission lines so consumers did not really have any historical sense of increasing prices. The first flicker of incandescent was enough consolation. Probably, the worst impact may have been upon fisherfolks using motorzied boats, but gas burden may have quickly dissipated in upstream pricing of their abundant catch. In fact, it was the early start of the future boom on fishery export to Iloilo and Manila. At the whole, Sapian was isolated from the petroleum crisis, so I mumbled my oil crisis piece with pure detachment from the issue.

Thirty years hence, oil crisis came back with a vengeance. This time, it is the same assertion by OPEC autocracies, but it comes with genuine economic supply-demand dimension - the enormous demand by China. In this sense, crisis has metamorphosed from a basically artificial political pressure in the ’70s to one that’s a real economic pressure to supply and demand. China is a cash economy, in fact, a debt-free, highly liquid economy, with the state having infinite power over economic fundamentals. For all practical purposes, China is able and willing to pay any cost to sustain its industrial transformation. Naturally, oil producers and traders, even with the best of their intentions, would have to give in. In short, all pipelines now lead to China.

Sapian, 30 years later, has a gas demand of its own. The improved road system has encouraged ownership of vehicles. Although impact on mobility could be cushioned off by readily available public transport network, transportation costs would have to take its toll. Power connections to the farthest households in the Municipality integrate most Sapianons to bunker fuel demand. Cost of production would markedly increase in agriculture and fisheries, including aqua culture, because practically all input are imported. Increases to our prices to offset the cost of production make our products less competitive than, say, Thailand or Vietnam. The Philippines does not have any control over oil supply and production and the government has very little macroeconomic control mechanisms (e.g., interest rates, taxes, etc.) - so much underground economy. Since buying power in Sapian can only stretch so far, the immediate observable result would be cuts in non-essentials, diminished general local demand, and reduced production, and net a economic slowdown.

Thirty years hence, Mrs. Ligaya Oro’s piece is more relevant than ever. In fact, it is a stark reminder at the onset of what could be a greater economic challenge for Sapian and the world for years to come. So, next, we will discuss more about the challenges and opportunities for Sapian in the midst of the brewing oil shortage and the industrializing China.