Monday, October 10, 2005

Adam Smith & Filipino Nurses, continuation

Philippine laws, regulations and family responsibilities must not prevent these excess nurses/doctors from exchanging their skills in the global health market. Government mandated Regulations to new graduate nurses/doctors to practice in the Philippines for a number of years after graduation is anathema to Adam Smith principles.
The Wealth of Nations, Chapter 11, First paragraph, says...
'This division of labor, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion. It is necessary, though very slow and gradual, consequence of a certain propensity in human nature which has in view no such extensive utility; the propensity to truck, barter and exchange one thing for another.'
5-10 years after graduation is a long time to catch up with current nursing practice abroad. Passing licensure exams abroad 5-10 yrs after graduation will be a strain. Smart nurses/doctors are rob of their financial ability to earn as much as their skills bear. These smart nurses/doctors are generous in supporting families and siblings in the Philippines. The longer you keep them from earning the max abroad,the poorer their siblings and family will be and indirectly, the nation's $ reserve.
Demand for smart nurses are not constant. Some years, demand is great, some years nil. Supply and demand applies to smart nurses as much as all economic forces.
Government's role is to protect it's citizen and the nation, to enact & enforce laws to maintain order. Government must maintain open and transparent transactions in all branches - executive, legislative & judiciary - less taxes, more open trade and less regulations. The less government is involve with our lives, the more independent and self-reliant, we, Filipinos becomes.
Again, keep government regulations to the minimum, please...

1 comment:

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