http://yoursdp.org/index.php/news/singapore/1075-who-is-perc
Who is
PERC?
Singapore Democrat, 22 Sep 2008
The Political and Economic Risk Consultancy or PERC, as it is
commonly referred to, is held in high praise by Singapore's
establishment.
Mr Lee Kuan Yew himself placed the organisation in the same
esteemed group with global institutions like the International Bar
Association (IBA). That is, until IBA criticised the Judiciary,
which then made it a Western liberal NGO out to do this island
in.
The Minister Mentor is not the only one, Ministers Mentee also cite
the company whenever they get the chance.
The Straits Times regularly carries prominent reports written by
it.
"Non-government" think-tanks like the Singapore Institute of
International Affairs cannot resist citing it
Even our Supreme Court proudly refers to it.
So who or what is this group that
is so admired by Singapore's establishment? Who runs this outfit
and what does it do?
PERC's website tells us that it is a "consulting firm specializing
in strategic business information and analysis for companies" doing
business in East and Southeast Asia. It also produces a range of
risk reports on the strengths and weaknesses of individual
countries in the region. So far so solid.
But when it comes to information
about who runs the organisation, the website is rather diffident.
For example under "Senior
Management", there is only one name -- a Robert Broadfoot
who is described as an economics graduate “directly responsible for
managing PERC's research and consulting.”
Is there a governing board? If yes, who is on it? If no,
is PERC a
sole-proprietorship? Does anyone else run
the organisation with Mr Broadfoot?
Based in Hong Kong, PERC says it
“coordinates a team of researchers and analysts” but doesn't tell
us who they are, how many there are, and what their areas of
expertise are. Do they work full-time for the Consultancy or on an
ad hoc project basis? If part-time, what are their main occupations
and what companies do they work for?
The organisation also avers its "complete independence from any
vested interest groups." Several
lines below, however, it says that it engages in "retainer work and
specific projects" and "in-house briefings" for international
business associations. Who these groups and associations are is not
revealed.
Such information is important as it
allows the reader a gauge of just how independent the organisation
is and, by extension, how reliable its reports
are. This is especially salient when the
reports are cited by governments for political purposes. Simply
asserting that the company is completely independent does not make
it so.
For example one of its analysts, Mr
Bruce Gale, is also a senior writer with the Straits
Times. Whether he continues to work for PERC
is unclear as the website has no information on him.
Given the nature of the state-media arrangement in Singapore, it is
more than fair to ask what an employee of an organisation that is
supposed to have "complete independence" is doing writing for a
newspaper owned and run by a government. It is imperative that PERC
makes clear the status of Mr Gale.
Ironically, Mr Gale himself notes that "most political risk
assessment remains both superficial and subjective. Typically, such
analysis is very informal, consisting of little more than a few
brief visits to the country..."
Even the information about the
surveys that PERC conducts such as the kinds of questions asked,
the variables used, the sample characteristics, etc are not readily
available. One assumes that they are contained in
the reports which cost US$645 to subscribe annually. Analysis of
the reliability and validity of such surveys is lacking. This is a
problem. Yet, the results are held next to biblical truth by those
who benefit from it.
The next and obvious question is: Who pays for PERC's
services? One will not be surprised to find
Singapore's establishment a ready customer. For example, the
Nanyang Technological University and the National Institute of
Education are online subscribers to the organisation's Monthly Risk
reports.
And what do these reports contain? The page tells us that the
topics covered are "Politics, Economics, Business." Politics? The
Singapore Democrats can confirm that PERC has never attempted to
seek our views on matters political in Singapore. We're unsure if
the Consultancy has interviewed any other opposition party or civil
society group. We could easily find out by doing a search on its
website. The only problem is the website doesn't have a Search
button.
Given that the organisation is so oft-quoted by the Singapore
establishment, it is time that
more questions are asked of PERC which must do a better job of
providing background information about itself.
A consultancy that assesses
the political and economic risk of countries must surely understand
the importance of transparency.
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