Showing posts with label rating. Show all posts
Showing posts with label rating. Show all posts

PostHeaderIcon RP needs improvement in governance

7/03/2009 | Posted by Anonymous | Edit Post


Despite claims that Pres. Gloria Arroyo has performed well in governing the country, The World Bank brings in another slow performance report that belies such claims. The Worldwide Governance Indicators for 1996-2008 (World Bank) show that Philippines made some progress in corruption, law enforcement and maintenance of political stability, but tails behind other countries in certain performance indicators of the region.

The fight against corruption had Philippines score 26.5% in 2008 and 22.2% in 2007 which is way below the regional average of 45.1%. Graft and corruption is a huge drag in the advancement of the nation and obviously the report tells that this is a serious challenge for Filipinos. As a consolation, the country fared well in regulatory policies: 51.7 percent last year versus the regional average of 42.1 percent.

Some indicators in which country lags behind are as follows:
-----------------------------------------2008-----------2007----------Regional Ave.
Up-holding the law-------------------39.7%---------33.8%---------52.9%
Maintaining Political Stability------10.5%---------10.1%---------59.9%
government effectiveness”------------55%-----------56.4%
“voice accountability”- -------------41.3%---------43.3%
Source: Philstar.com (07/02/09, Gonzales, I.)

The discordance in what the Pres. Gloria Arroyo believes to be good governance in her administration and the reports of watch groups tells Filipinos of a need for improvement. Otherwise, among competing nations, Philippines is in danger of falling behind and be at the tail end of sovereign nations. (Photo Credit: BeyondSFO) =0=

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PostHeaderIcon Obama’s approval rating falls

6/23/2009 | Posted by Anonymous | Edit Post


After a very strong start early in presidency, popular Barack Obama is now experiencing an erosion of his approval rating as the Rasmussen reports the following salient findings as of Monday, June 22, 2009. His approval index has dropped to negative (-1).

33% of voters strongly approve
34% of voters strongly disapprove
(-1) net approval index

Among other findings from the survey, many voters still blame the Bush administration for the faltering economy, but the number has fallen to 54%----8 points down from last month. This indicates that the problem of the economy during the change of leadership is getting to be attributed to Obama rather than Bush.

The consumer confidence according to the survey is at its lowest level in the last two months. Americans are equally divided on whether to push through with healthcare reform now (46%) or wait on a later date to coincide with economic recovery(45%).

There is doubt on the massive spending Obama has laid out for the bailout of banks, mortgage institutions, auto industry and private companies which many believe compromises taxpayers’ money. If the economy improves (i.e. it comes out of the recession) Obama’s numbers are expected to rebound to his favor. But further slide of his rating is expected if financial trouble persists and joblessness remains rampant.(Photo credit: Roddick Remixed) =0=

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PostHeaderIcon Obama gets a low grade from Wall Street economists

3/14/2009 | Posted by Anonymous | Edit Post


Midway thru Pres. Barack Obama’s post-election 100-day honeymoon period is an erosion of popularity. In spite of his “heroic” effort in trying to steer the US to the “right “ track, the new president gets a failing grade of 59% from majority of 49 Wall Street economists polled. According to the Wall Street Journal Survey, financial thinkers are dissatisfied with Obama’s economic policy. The Dow Jones fell close to ¼ of its value at the 7 weeks of his administration.

Treasury secretary Timothy Geithner who assumed his position in the Obama cabinet in spite of evading to pay taxes has a poor grade of 51%, while Federal Reserve Chairman Ben Bernanke scored better, with an average 71.

The changing result augurs badly for Obama who has enjoyed extraordinary popularity before and after the election. The high expectation is there, but he is tumbling down from the sky putting down his public approval to about 60%---quickly in just a few days. Considering the media’s slobbering love and public admiration for Obama, the downward trend of his approval rating is unexpected.

It’s a concern that Americans who disaprove of his policies are rising. The trend is a significant negative twist on how the public perceives his performance even if he was heralded as the hero who’ll deliver America and the world from economic woes. There is strong doubt if Americans can spend their way from bankruptcy by borrowing at the expense of current tax-payers and the next generation.(Photo Credit: tsevis) =0=

RELATED BLOG: "Fearless economic forecasts" Posted by mesiamd at 3/11/2009

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PostHeaderIcon “Filipinos rated most committed to work”

1/27/2009 | Posted by Anonymous | Edit Post


The “employee engagement” is supposed to be a measure of “commitment” and “drive” of a worker to achieve a company’s goal. It runs high among Filipinos. That’s according to a recent survey conducted on workers of some top corporations in the country by Watson Wyatt, a global consulting agency. At 77%, the employee engagement for the Philippines has improved from by 4% since 2007. The score is good among countries of the Asia-Pacific region!

Beating of China (66%,) India (75%), Indonesia (71%,) Thailand (72%,) and Malaysia (67%,) RP’s laudable score appeared in the Philipine Daily Inquirer (01/27/09, Dumlao, D)--- a business news item entitled “Filipinos rated most committed to work.”

I find the report flattering. Only the workers of top corporations have been included in the poll. The survey outfit admits there are no international standards to determine the socio-political and cultural factors that are unique for each country which may influence the score. Such limitations hardly dispel the doubts of readers.

Whatever this survey is worth, I like to know if there is any difference in the score of workers in the public sector compared to those who are in the government. It would have been better if all in the labor force (not only the corporate employees) were represented in the survey. It would have been more revealing if those in the farms and those employed abroad were included. The result might be more accurate in characterizing the “commitment” of the entire Filipino labor force. (Photo Credit: Bikoy; Neil Alderney 123)=0=



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