The Accounts

The Official Student Publication of University of the Philippines- College of Management, Iloilo City

The Difference

Why is the Philippines poor?
Here is a good article sent by Dr. Arsenio Martin of Fort Arthur, Texas.

The difference between the poor countries and the rich ones is not the age of the country.  This can be shown by countries like India & Egypt, that are more than 2000 years old and are poor.  On the other hand, Canada, Australia & New Zealand, that 150 years ago were inexpressive, today are developed countries and are rich.

The difference between poor & rich countries does not reside in the available natural resources.  Japan has a limited territory, 80% mountainous, inadequate for agriculture & cattle raising, but it is the second world economy. The country is like an immense floating factory, importing  raw material from the  whole world and exporting manufactured products.  Another example is Switzerland, which does not plant cocoa but has the best chocolate of the world. In its little territory they raise animals and plant the soil during 4 months per year. Not enough, they produce dairy products of the best quality. It is a small country that transmits an image of security, order & labor, which made it the world’s strongest, safest place.

Executives from rich countries who communicate with their counterparts in poor countries show that there is no significant intellectual difference.  Race or skin color are also not important:immigrants labeled lazy in their countries of origin are the productive power in rich European countries.

What is the difference then?  The difference is the attitude of the people, framed along the years by the education & the culture.  On analyzing the behavior of the people in rich & developed countries, we find that the great majority follow the following principles in their lives:

1. Ethics, as a basic principle.
2. Integrity.
3. Responsibility.
4. Respect to the laws & rules.
5. Respect to the rights of  other citizens.
6. Work loving.
7. Strive for saving & investment.
8. Will of super action.
9. Punctuality.
10. and of course…Discipline

In poor countries, only a minority follow these basic principles in their daily life.  We are not poor because we lack natural resources or because nature was cruel to us.  We are poor because we lack the correct attitude. We lack the will to comply with and teach these functional principles of rich & developed societies.

If you don’t forward this message nothing will happen to you.  Your pet will not die, you will not be fired, you will not have bad luck for 7 years, and also, you will not get sick or go hungry.  If you love your country, let this message circulate so that many Filipinos could reflect about this, and CHANGE.


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