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My biggest disappointment was, of course, the coup…

“My biggest disappointment was, of course, the coup attempts, ... The economy was proceeding very well, but in 1989 we had the most serious coup attempt and ... many of the investors who were set to come here had to tell me that they chose to go to other countries because of the uncertainty brought…” quote by Corazon Aquino
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“My biggest disappointment was, of course, the coup attempts, ... The economy was proceeding very well, but in 1989 we had the most serious coup attempt and ... many of the investors who were set to come here had to tell me that they chose to go to other countries because of the uncertainty brought about by (the coup attempt.) If that had not happened, I'm sure our economy would just be booming today ...”

Corazon Aquino

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Economic growth was hampered by political instability, especially the 1989 coup, causing investors to flee and limiting potential prosperity.

In simple terms: Coup attempts scared investors, hurting the economy.

Key Takeaway

Stability is essential for investment.

Themes

politics economics investment stability risk

Mood

concerned optimistic

Type

political economic

When to use this quote

  • foreign investment decisions
  • government policy
  • risk assessment
  • economic forecasting

Key Concepts

political risk investor confidence economic development

Questions to Reflect On

  • How can political stability be sustained?
  • What policies attract investors despite risk?
A Different Perspective

Even without coups, other factors could still limit growth.

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