The Philippines is Going Beast Mode! 3 of 3

Philippines and ChinaSharing my thoughts on some great Bloomberg visuals my good friend Justin Calderon used in a recent story he put together.

http://investvine.com/charts-outlining-the-philippines-economic-trajectory/

Beast Mode is an American Football term for a player who singlehandedly dominates a game. This is the third of three visuals I will breakdown and comment on.

This slide is quite interesting both because of the data behind it and the significance that can be distilled from it. The data shows a truly remarkable moment in for the Philippines, if you asked 100 people (Filipinos, Chinese Americans, anyone) if they thought it was possible for the growth of the Philippines economy to match the growth rate of the Chinese economy, you’d be lucky to find 1-2 people who would believe it.

Of course you have to keep the size of the economies in mind as the Chinese economy is many times larger in total GDP than the Philippines economy. But still, it’s a remarkable achievement for an economy that has not such a lot of positive trends in many, many years.

Now for the significance of it… the fact that it surprises is where the real power is. Its and OMG moment for Filipinos to take pride in the country and to try to go even further. To push accountability within the government, to reinvest in and reinvent education, and to help their fellow countrymen to rise up and push this trend of being a new economy of significance onward and upward.

So take the three slides we have reviewed; (1) the economy of the Philippines is growing significantly faster than its ASEAN neighbors, (2) demographics favor almost unlimited potential and (3) the story of the economic growth is something that will make people stop and take notice. And that is the power of data visualization.

The Philippines is Going Beast Mode! 2 of 3

ASEAN Demographics

Sharing my thoughts on some great Bloomberg visuals my good friend Justin Calderon used in a recent story he put together.

http://investvine.com/charts-outlining-the-philippines-economic-trajectory/

Beast Mode is an American Football term for a player who singlehandedly dominates a game. This is the second of three visuals I will breakdown and comment on.

This slide tells me so much. Based on this I am convinced that its time to revamp my plans for training fresh grads in analytics. Look at how much younger the Philippines is then its neighbors! Combine this remarkable demographic datapoint with other factors like the investment being made in the BPO/Call Center industry, the education system geared to produce American style English, and the size of the talent pool.

When you do that you see what I see, an amazing opportunity to be in the middle of all the training, skill building and mentoring that will be needed to prepare this population boom for the jobs of the next 10-20 years.

In the previous post, it was noted how quickly the Philippines economy is accelerating and here you see a snapshot of the future. There are still so many potential detractors and possible hindrances ahead, so you have to pay them mind. However, its data points like that, backed up by analysis and on the ground intelligence that have me convinced its time to go back and jump in!

The Philippines is Going Beast Mode! 1 of 3

ASEAN Economies

Sharing my thoughts on some great Bloomberg visuals my good friend Justin Calderon used in a recent story he put together.
http://investvine.com/charts-outlining-the-philippines-economic-trajectory/

Beast Mode is an American Football term for a player who singlehandedly dominates a game. This is the first of three visuals I will breakdown and comment on.

Over the past couple of years I have been talking a lot about how the economy of the Philippines is quickening. The overall trajectory for the economy is rocketing ahead for several reasons including geography, history, political climate, and demographics. There are dozens of stories published all the time about why, how, and what this means for both the Filipino people, for the ASEAN countries and for the global marketplace. There is so much economic data out there, its like an analytics playground.

One of the most significant and often used economic data points is GDP (Gross Domestic Product). GDP is of course is the market value of all officially recognized final goods and services produced within a country in a given period of time. Thanks Wikipedia for that definition.

As you can see the Philippines is the only economy of the seven countries being measured that is not only trending upward, but the trend is accelerating. If we were looking at mid season performance of a sports player being compared to other players in it’s division… we’d be saying the Philippines is in Beast Mode. Check out the YouTube video below and imagine #24 is the Philippines economy right now.

This was one of those moments I really started to think how globally focused the future is…

Flashback to February 2012…

tp://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?_r=2&pagewanted=all

One of the most insightful and powerful pieces of journalism I’ve come across in sometime. In a nutshell, the article outlined how close to impossible it would be for Apple to manufacture iPhones completely in the United States. Starting with a question of Steve Jobs by President Obama, the article details how each phase of the manufacturing process is out of reach of the current state of American manufacturing capabilities. And its not just the labor, it’s also the lack of engineers and the Asian centric materials supply chain and the lack of flexibility of American labor. Read the article. Its an amazing piece of work and a should serve as a huge wake up call to each and every one of us.
Four years later, yeah it is. But also the innovative minds of this country are starting to figure it out and it seems the tides have turned to bring back and insource somethings as well.