Shutting up his critics

Methinks the report aims, among other things, to silence the criticism Marcos Junior has received about his frequent travels.

However, it also has an unintended consequence: Why go through all the effort of changing the Constitution to remove the economic restrictions on FDI? All the country needs to get FDI is to send the President abroad, and voila!, we have all we want. So, shut up, ChaCha advocates.

But we still have to look at the numbers.

More of the Lies: What they’re saying about the OECD FDI Restrictiveness Index

Look more closely at the OECD FDI Index, (that people cite as evidence to change the Constitution). You would see that CHINA, which from the inception of the Index up to 2015, was ranked the most restrictive country in the OECD sample, was at the same time was also the largest recipient of FDI among the developing countries of the world. It still is, even though in 2015 the title of most restrictive passed on to the Philippines. Shortly thereafter, the Philippines the ninth, and the seventh top country of investment choice in a survey conducted by UNCTAD.