ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Opinion

Marcos 2.0 likely to accelerate Philippines' backward slide

Key watchpoints will be whether corruption and cronyism worsen

| Philippines
Ferdinand "Bongbong" Marcos Jr. celebrates outside his headquarters in Mandaluyong on May 11: Hints might come from his cabinet choices.   © AP

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Pinpointing inflection points is hard enough in highly developed economies, never mind one as cacophonous as the Philippines. But voters just delivered one by returning the disgraced Marcos clan to the presidential palace in Manila.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more