The 23rd WEF: Life-and-death need for equitable progress

Business headlines these past months have been heralding economic gains being achieved by our country. This has happened despite the chaos in the political scene created by the discovery of the magnitude of corruption in government that has severely wounded the nation.

How the economy achieved 7.2 percent growth in 2013, how it elevated itself from junk to investment grade in the eyes of global ratings agencies Fitch, Moody’s and Standard & Poor’s, and inspired forecasts from an international think tank that the ‘pussycat’ economy of Asia has transformed itself into the next Association of Southeast Asian Nations tiger—is probably the kind of stuff urban legends are made of.