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The halo effect

On November 29, 2011 By

The halo effect is a cognitive bias first studied by Edward Thorndike in 1920 whereby the perception of one trait (i.e. a characteristic of a person or object) is influenced by the perception of another trait (or several traits) of that person or object. An example would be judging a good-looking person [...]

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The following is a matrix of the Strategies contained in the government’s Philippine Development Plan 2011-16  plotted against the five key results areas under the Cabinet Cluster system of the Aquino Cabinet.

The five themes include: 1) Good Governance and Anti-Corruption, 2) Human Development and [...]

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It is a continuing expression of the financial market’s faith in the story of poor countries catching up with richer ones propelled by economically liberal policies.

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PNoy’s ally in the Senate, Sen. Francis “Kiko” Pangilinan, lists down yesterday, December 19, his 12 wishes for President Benigno Aquino III and for the country. First on Sen. Kiko’s list is for the peace talks in Mindanao to start, followed by a hope for a new image in the Philippine tourism industry. As what was expected, the most talked about wish among the 12 is the Senator’s 4th wish; “A girlfriend for PNoy.” Below is Sen. Kiko Pangilinan’s complete wish list this coming Christmas. Care to share yours?

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The latest polling by Pulse Asia on the Performance Rating of the Top 5 Government Officials and Selected Cabinet Members and Other Government Officials shows the administration of PNoy still enjoying tremendous public support. The survey which was conducted from October 20-29, 2010 cemented the impression provided by the SWS national survey which was held from September 24-27, 2010 that PNoy’s ratings have almost returned to their previous highs right after the election.

It is perhaps worthwhile recalling why such trust ratings are important. Trust is a measure of social cohesion, which when it breaks down, makes the business of governing all the more difficult. It is important over the coming years for PNoy’s trust ratings to rub-off on the government itself. When people trust their government, they are more willing to pay their taxes correctly. There is a greater level of civic participation and involvement when trust and social cohesion are present. Without these, gridlock and polarization result as what we witnessed in the aftermath of the US mid-term elections.

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The media and blogosphere may have been mindlessly harping on the fumbling errors and bumbling missteps committed by the current administration of PNoy over the past six months in its first year in office, but the mood of the public and the markets seems to have [...]

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A news bulletin was released earlier this week with very little fanfare on the latest round of results for the Family Income and Expenditure Survey (or FIES). It showed that between 2006 and 2009, there was an improvement in the overall incomes, savings and expenditures [...]

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Forum cites development tasks

On November 21, 2010 By

Forum cites development tasks
BusinessWorld Online

ASIA is now increasingly the focus of growth in the world, but individual economies like the Philippines and similarly less developed markets have to identify sectors that need support in order to boost their competitiveness, experts said at a [...]

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Aquino gov’t aims to reduce deficit-to-GDP to 2%
By Lala Rimando
abs-cbnNEWS.com

MANILA, Philippines – The Aquino administration wants to bring down the country’s budget deficit to 2% of gross domestic product (GDP) in the next 3 years, Budget Secretary Florencio Abad said Thursday.

[...]

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After unveiling his strategy for unblocking investments in public infrastructure, the policy statement of PNoy was drawing flak from all sides. The statement concerned his proposed method for mitigating regulatory risk which was to compensate private investors for any losses caused by legal or congressional [...]

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