Industrial Relationship
Question: Are you in favor of unions under the current Philippine economic condition?
According to Manila Bulletin the Philippines jumped 10 marks in a global survey of countries rated on economic freedom. Among the 77 countries, the Philippines have ranked 97th in the 2013 Index of World Economic Freedom, up from its 107th ranking in 2012. The Philippines’ economic freedom score is at 58.2, which is 1.1 points higher than the previous year. This shows that we the people of the Philippines under the management of President Benigno Aquino have reached our goal of rising from our poor economy; but the real question is, have we all felt it? Why is it that some of us are still in the state of struggling to the benefit of the economic growth?
The geographic expansion of the entrepreneurial world economy not only altered political systems in terms of anti-corruption but also changed the labor conditions wherever it has entered. The functioning of the Philippine’s economy has brought mounting gaps between economies as well as with the labor organizations. It has brought distorted growth and development in which social inequalities between the sections of the Philippine’s economy have increased rather than imparting prosperity for all. People are more steadfast on planning for their future that they would take all benefits they need. When consumers are engaged in discussions on saving, budgeting and investing, it raises awareness on the importance of being able to make smart financial decisions for their future. The Philippines have indeed experienced a wide range of economic growth but there are still debts to pay and other problems to resolute. If you would ask me if I am in favor of the organization of unions because it is a way of expressing ones thought and another on forming it into a large crowd that seeks out for attention and listening. Although it has been stated that we reached a certain number above other countries and investors are lining up in the
According to Manila Bulletin the Philippines jumped 10 marks in a global survey of countries rated on economic freedom. Among the 77 countries, the Philippines have ranked 97th in the 2013 Index of World Economic Freedom, up from its 107th ranking in 2012. The Philippines’ economic freedom score is at 58.2, which is 1.1 points higher than the previous year. This shows that we the people of the Philippines under the management of President Benigno Aquino have reached our goal of rising from our poor economy; but the real question is, have we all felt it? Why is it that some of us are still in the state of struggling to the benefit of the economic growth?
The geographic expansion of the entrepreneurial world economy not only altered political systems in terms of anti-corruption but also changed the labor conditions wherever it has entered. The functioning of the Philippine’s economy has brought mounting gaps between economies as well as with the labor organizations. It has brought distorted growth and development in which social inequalities between the sections of the Philippine’s economy have increased rather than imparting prosperity for all. People are more steadfast on planning for their future that they would take all benefits they need. When consumers are engaged in discussions on saving, budgeting and investing, it raises awareness on the importance of being able to make smart financial decisions for their future. The Philippines have indeed experienced a wide range of economic growth but there are still debts to pay and other problems to resolute. If you would ask me if I am in favor of the organization of unions because it is a way of expressing ones thought and another on forming it into a large crowd that seeks out for attention and listening. Although it has been stated that we reached a certain number above other countries and investors are lining up in the