Duterte denounces globalization and the brain drain in Asia
The President of the Philippines, Rodrigo Duterte, takes the floor at the APEC summit on November 9, 2017 in Danang, Vietnam
The Philippine president, Rodrigo Duterte, criticized this Thursday in Vietnam, where the annual summit of the Asia-Pacific economic forum is held, the negative consequences of globalization for poor countries and the brain drain.
“To a certain extent globalization has damaged poor economies,” he said in a speech to a group of businessmen gathered in the Vietnamese city.
“Our best young people (…) tend to go to places where the economy is more prosperous”, like the United States, said the controversial president, known for his criticisms, sometimes with outbursts, against that country.
More than ten million Filipinos work outside the country, almost 10% of the total population.
Duterte, whose country is also part of ASEAN, an association of ten countries in Southeast Asia, called for more economic integration in the region so that workers do not leave and to educate “those who are left behind”.
The APEC forum, which generates 60% of the world’s wealth, brings together 21 economies around the world, including the United States, China and Russia, whose presidents will be at the summit on Friday.