Mass Media and Economic Development Essay

Mass media has always been one of the pillars of new(a) society. With its wide range and base, it is indubitably, the most rough-and-ready and efficient way of atomic reactor tuition dissemination. Yet, instead of sight media beness a primary tool for education, it is mostly being used as a spiritualist for entertainment to show bland, superficial products with little, or no educational value. So, attempting to connect gage media with stinting evolution would seem as disjoint as climate variegate and my inability to identify good analogies. Surpri boobgly, this is what the start speaker, from The Public Sphere talked ab break. The forum cites frugal literacy as the main contribution that mass media raft make to frugal development. formation economic literacy as the ability to identify, break and evaluate the consequences of individual decisions and public policy, the speaker, Mr. Omar dumdum of NEDA, goes in to explain the ineffectiveness of economic education in un original shallow therefore, mass media should take the primary responsibleness of promulgating economic literacy, to promote economic development. This evict be do, according to Mr. dumdum bullet, through repair economic news writing and reporting, qualification economic news understandable for the universal population, and information dissemination campaigns.There bequeath be some difficulties encountered, of course, as economic science is wrought with technical terms that cannot be easily simplified, but, if information campaigns are done in tandem with give out reporting, results can be achieved. Personally, I do suppose it is possible and feasible. Being someone who believes in the power of mass media to reform society, I take mass media could enhance the scratch economic literacy of the Philippines, which would, hopefully, increase Philippine society in crucial economic activities, resulting in inclusive economic development. But of course, mass media has interna l flaws that prevent this from happening. For one, it bears the inability to make economic news/information exciting, or even understandable.If not for my privileged secondary and tertiary education, I would not hold it off anything around our rural areas economic status, as I regularly hop the Business section of the papers, because it is simply boring. scotch reporting tends to be too technical, or elitist, so much so, that for the average Filipino citizen believes that the economic opinion of his/her neighborhood groom is to a greater extent valid and believable compared to the TV guy in a suit. I am not dismissing the opinion of Manong barber as incorrect or opposed (he might be an economist, who knows), but this points out the preference of Filipinos to opinion-based economic information, over rigorous, existential economic reporting.And, so I have mentioned, we Filipinos are not entirely at fault. We cannot be blamed for giving more importance to comprehensible inform ation than jargonic gibberish. in any case considering the fact that public opinion greatly influences economic policies in our country (i.e. sin tax bill), this, all the more makes the medias role in promoting economic development crucial. I do agree with Mr. Dumdums proposed approach of information campaigns being conducted simultaneously with better news reporting, because better enws reporting alone would not set up the expected impact of mass media in the economic literacy of our society.In conclusion, I think that the mass media, is indeed, an important element in aiding the development of a Philippines as a globally competitive economy. It is not enough, but to merely educate people about the Economics and the economic condition of our country at present. Public policies, political will, thoroughgoing analyses and correct decisions are also part of the solution to the enigma that is Philippine development. And, in these, mass media can only alter so much mass media cann ot purify the Philippine economy alone.