COUNTRY ANALYSIS UNIT FEDERAL RESERVE BANK OF SAN FRANCISCO JANUARY 2010 Microfinance in the Philippines uring the last few years‚ the volume of microfinance activity has grown considerably in the Philippines and an increasing number of financial institutions have engaged in retail microfinance operations. While this sector has been traditionally dominated by rural banks‚ non-governmental organizations (NGOs) and finance cooperatives‚ in 2009 a number of commercial banks sought entrance
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The Philippine Islands are located in the western North Pacific Ocean‚ just off the southeastern portion of the Asian continent. The Philippines consists of more than seven thousand islands‚ having an area of about three hundred thousand square kilometers. The Islands are grouped into three primary island groups‚ Luzon in the north (composed of Luzon Island and small islands in its vicinity); the Visayas (composed of many islands near the center‚ the largest being‚ Palawan‚ Mindoro‚ Panay‚ Masbate
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During the colonization of the Philippines‚ the Filipinos lost their freedom. They were being abused by the Spaniards. These are the settings in the Spaniards colonization: The Filipinos are required to pay a TRIBUTO or TRIBUTE (TAX). FORCED LABOR is established under the Spaniards government. It is where the male Filipinos 16-60 of age were required to work for the government for 40 days in one year. They were assigned to build or repair roads and bridges Sometimes‚ they would be assigned
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POVERT RATE IN THE PHILIPPINES A RESEARCH PAPER PRESENTED TO: Maestro John IN PARTIAL FULFILMENT OF THE REQUIREMENTS IN ENGLISH IV PRESENTED BY: Juan Gabriel R. Calderon TABLE OF CONTENTS I Table of contents…………………………………………….3 II Introduction…………………………………………………….4 III Facts and Topic Concept…………………………………….5 IV Survey Content and Data…………………………………….6 V Survey question and Answers…………………………….…7 VI Analyzation of survey question and Evaluation…………..8 VII
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ESSAY For the purposes of this essay‚ the time frame 1946-1986 would be further divided into 3 segments. First would be the time from 1946 to 1949 where the effects of the Belle Trade Act were felt. Second would be from 1949-1961 when the Philippines tried Import Substitution Industrialization (ISI) and also known as the period of control and Third would be from 1962-1986 or the period of decontrol. In order to explain and understand the period from 1946 to 1949 dependency theory would be used
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"The Philippine Literature now a days" The diversity and richness of Philippine literature evolved side by side with the country’s history. Long before the Spaniards and other foreigners landed or set foot on Philippine shores‚ our forefathers already had their own literature stamped in the history of our race. Our ancient literature shows our customs and traditions in everyday life as traced in our folk stories‚ old plays and short stories. Our ancestors also had their own alphabet which was
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The Philippine Revolution Against Spain 1996 is a significant year for Filipinos all over the world. It marks the centennial of the Philippine Revolution‚ which started in 1896 and officially ended in 1902. The amount of literature generated during and after the Revolution‚ coupled with the continuing fascination on this period by historians and alike which have produced an infinite number of scholarly works‚ have validated the widespread perception that this was the most glorious page in the history
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involvement in globalisation and the impact it has had on their economies. 1.0 Economic Profile of the Philippians 1.1.0 Trade Since independence in the 1980’s ‚ the Philippines have opened up their economy to foreign markets‚ and established a network of free trade agreements with several countries . They have come along way in regards to trade and trade liberalisation. However‚ as will be shown the Philippians still have
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PHILIPPINES UNEMPLOYMENT RATE Unemployment Rate in Philippines increased to 7.50 percent in the first quarter of 2013 from 7.10 percent in the fourth quarter of 2012. Unemployment Rate in Philippines is reported by the The National Statistics Office (NSO). Philippines Unemployment Rate averaged 9.09 Percent from 1994 until 2013‚ reaching an all time high of 13.90 Percent in March of 2002 and a record low of 6.30 Percent in September of 2007. In Philippines‚ the unemployment rate measures the number
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Philippines I. Crisis The Philippines entered the crisis on a sound footing relative to its major East and Southeast Asian neighbors (except Indonesia)‚ which commonly experienced economic contraction‚ especially in the industrial and export sectors. As such‚ this has been suggested as evidence of the country’s newly gained economic resilience. It must be noted‚ however‚ that the Philippines has likewise not experienced the spectacular economic performance of its neighbors in recent times‚ which
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