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Friday, February 11, 2011

FILIPINOS 104 MILLION STRONG: 94 IN PH, 10 OVERSEAS

Erle Frayne D. Argonza

Magandang gabi! Good evening from PH’s suburban boondocks!

The Philippines just conducted a census last year, 2010, and the result shows a sum total of 94 Million heads in the archipelago. The population growth of 2 Million heads per year is also indicated, showing an increase from the 1.7 Million heads annual increase ten in the year 2000 (when the last census was conducted).

The 2 Million annual growth is already a total result in itself. Accordingly, about 500,000 fetuses are aborted every year in the country, a figure that has alarmed population and health experts. Never mind if the national charter bans abortion, women who commit unwanted pregnancies simply decide to go abortion.

94 Million Filipinos, at a time of economic boom and rising incomes, is a cause for celebration. With a rising middle class at hand—who form the demand base of consumption-led growth—we expect a steadily growing number of Filipinos who comprise the family income bracket earning U.S. $6,000-$30,000 annually. 20 Million Pinoys are in that category today, which will expectedly rise in the next couples of years.

Thus, PH qualifies as an ‘emerging market’. It has first of all a large population, and millions of people falling within the middle class spenders with incomes ranging from U.S. $6,000 to $30,000. Many heads working and earning well translates into economic wellness for a country, so we should welcome this development.

Now, let us not forget the Overseas Filipinos or OFs who comprise an estimated 10 Million heads across 200 countries more or less. These OFs earn an aggregate income of U.S. $400 Billions annually, $20+ Billions of which is remitted to the Philippines as Net Factor Income from Abroad or NFIA. Of the $20+ Billions, only around $18 entered legally established channels of remittance annually.

That means the OFs remit 5% of their earnings to the motherland, and that is good enough. No matter what misery-inducing policies the global elites would slap Pinoys with via the World Bank-IMF-WTO Group, the most demonic being the austerity policies of the IMF, the Philippines can survive thanks to the OF remittances. Let the evil elites shackle PH with crippling low credit ratings and low entry of ‘smart money’ and investments by them, we will still survive thanks to the remittances and our own domestic investments.

The signs are pretty clear that fecundity, the capacity to give birth, is high among Filipinos. This for me is a cause for celebration. Let us sustain our high birthing capacity and increase the number of middle class people by the year, and we will all the more exude our economic and social power as a people.

Contrast that high fecundity to the trends in Japan and Russia, where their populations are falling by the year. Russia has been alarmed a decade ago yet about falling population, and identified the phenomenon as the top national security problem. Japan just began to experience a falling population, and this early look at how alarmed and panicked the Japanese stakeholders are of the consequence of diminishing population.

Not so for my beloved Philippines. We will be producing 2 Million+ Filipinos annually in the archipelago and overseas for many years to come yet, and we shall use the burgeoning population as leverage in negotiating with other nations and regions. The global oligarchs can no longer be fooling us at this time, whacking us with oppressive policies that produce deplorable conditions for our poor folks.

Abroad, our own Kabayans are now crystallizing a consciousness as an Overseas Filipino Nation, and I do welcome this progressive development. United by culture, language, and shared experience, the OF Nation will wield the stick to leverage vis a vis governments, market players, and interest groups in their host countries. They can no longer be fooled in the negotiating tables, much more enslaved and butchered like unwanted pests by sociopathic monsters without responding in a pro-active way.

Clearly, the days when White Americans sang “Brown monkeys have no tails” in the archipelago, a sordid racist song they popularized upon invading the Philippines, are over. The figure of 200 Million Pinoys can be breached by 2050, at a time when PH will be a wealthy nation, huge and wealthy to lead the ASEAN Union.

In sum, 104 Million Filipinos should be welcomed as good news. It is the leveraging power of Pinoys in the new era of Urban Philippines, whence 68% of Pinoys are residing in urban communities here.

[Philippines, 11 February 2011]

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Come Visit E. Argonza’s blogs anytime!

Social Blogs:
IKONOKLAST: http://erleargonza.blogspot.com
UNLADTAU: http://unladtau.wordpress.com

Wisdom/Spiritual Blogs:
COSMICBUHAY: http://cosmicbuhay.blogspot.com
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

Poetry & Art Blogs:
ARTBLOG: http://erleargonza.wordpress.com
ARGONZAPOEM: http://argonzapoem.blogspot.com

Mixed Blends Blogs:
@FRIENDSTER: http://erleargonza.blog.friendster.com
@SOULCAST: http://www.soulcast.com/efdargon

Website & Mixed Blogs:
MULTIPLY: http://efdargon.multiply.com

2 comments:

Celestino Tigno said...

Proud to be Pinoy! Am also glad to see that large population is an asset not a liability.

Flordeliz Reyes said...

I wish Prof Erle were here in the middle east where I and pals work. So we can invite you to speak before our employers and experts here, to enlighten them about investment opportunities back home. Our labor is great!