The Filipino First policy, a legacy from our post WW2 politicians, resulted in the Philippines being relegated from second only to Japan, to last in our region of tiger economies. With Filipino First, we developed a feeling of economic insecurity that made us afraid of foreign investors. It enabled the economic elite to keep prices high to the disadvantage of Filipino consumers while delivering mostly substandard products and services. But because they sense a lack of hospitality for foreign capital through our Filipino First policies, they go elsewhere, like Vietnam. Our Filipino First policy only made Filipinos last.

Source: Philippine Star June 06, 2021 16:09 UTC