Bernardo M. Villegas
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Continuity and Disruption Go Together (Part 1)

           Recently in Philippine business circles, there is too much talk about disruption of existing business models. The mantra is “Change or Die” or “Digitize or Perish.”  I think this is another case of too much of a good thing.  True, with the very rapid trends of digitalization, robotization and globalization, a good number of archaic technologies and approaches to doing business will have to give way to new ones.  Analogue is out, digital is in!  But business is much more than technology.  This truism is what I have learned from rereading the last chapter of the most lucid book on the so-called digital age.   I am referring to Thomas Friedman’s “Thank You For Being Late:  An Optimist’s Guide to Thriving in the Age of Acceleration.”  I don’t think any author has described in layman’s language the so-called age of disruption better than this author who also first explained to the layman what globalization is all about in his trailblazing book published 13 years ago called “The World Is Flat”.

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       The historical trends, empirical findings, and policy updates are discussed in detail in the essays compiled in this book. The most convincing argument that supports the thesis of the book, i.e. that population growth is a poitive factor in attaining sustainable human development, is found in the foreword to the book, which is adopted from an article written by Mr. Roberto de Ocampo, former Finance Secretary of the Philippines and multi-awarded finance official in Asia. Thanks to the continuing growth of the Philippines population, Filipinos are in more than 100 countries all over the world, contributing much-needed foreign echange and purchasing power to the Philippine economy and fostering the human and spiritual development of the most diverse of peoples and cultures on this planet.

   Featured Video
Antigua Forum Interviews 2012

 An interview with Dr. Villegas about the PH economy in Antigua Forum, Universidad Francisco Marroquín, last January 2012. See Link: