CATEGORY: OBG CEO Surveys
Underpinning President Rodrigo Duterte’s 2016 campaign was a pledge to pursue constitutional change in the form of a federal political system. This issue is quite divisive, and it remains unclear whether lawmakers will enact constitutional change. However, a plurality (43%) of CEOs who participated in the latest OBG Business Barometer: Philippines CEO Survey say a switch to a federal system or the empowerment of local government units would be advantageous or very advantageous to the country’s economic development, against 40% who think this would be disadvantageous or very disadvantageous.
Before his election to the highest office in the land in mid-2016, President Rodrigo Duterte presented himself as an agent of change, the political outsider based in marginalised Mindanao who would shake up a political system historically dominated by powerful family dynasties.
With national elections scheduled for July and the renegotiations of the North American Free Trade Agreement (NAFTA) ongoing, 2018 was likely to be a turbulent year for Mexico. In spite of this, the business community appears to be more optimistic than ever. In our latest OBG Business Barometer: Mexico CEO Survey, 88% of interviewed C-suite executives had positive or very positive expectations about local business conditions over the coming 12 months. As the election nears, however, respondents said that tackling corruption (36%) and improving rule of the law (19%) should be the main priorities for the next administration.