Politics and market confidence - BusinessWorld Online

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OPINION | Politics and market confidence [Signs And Wonders By Diwa C. Guinigundo] READ:

Leody de Guzman is running under the mantra, “” or what he calls “A Democratic Socialist Electoral Platform.” Aside from politics and social development agenda, it has an unconventional economic component: production for domestic needs, workers’ control, farmers’ control of agriculture, wealth tax for the richest, five-year national debt cancellation, and recovery of Marcos’ stolen wealth.

Marcos Jr.’s economic ideas are yet to blossom. He has made reference to agricultural modernization, food security, cheap power, renewable energy, environmental protection, and support of small businesses. These general statements need to be explained as to their specifics but this is not possible unless he joins the other candidates in public debates.

For Ping, it’s government cleansing, even pledging he would waive his rights under the Secrecy of Bank Deposit Act. Manny was serious in his intent to put up a mega prison dedicated to corrupt government officials. He also wanted to audit all levels of government offices. Reuters, on Feb. 8, also released its own helpful reading of the background of these leading candidates. The candidates’ transparency allowed this assessment of what one could expect should any one of them win the presidency.

Nomura gave Leni and her running mate Kiko Pangilinan a maximum of five points for national experience and business friendliness; four out of five for continuity/governance, infrastructure progress, and fiscal discipline. She was singled out for declaring that transparency and accountability shall be central to her presidency.

 

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The columnist is anti-Marcos, of course.

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