idea of economics. The Philippines In the Philippines 71.9% of the people are living below the poverty line‚ and ironically‚ most of them are from the countryside who produce food for the whole population. 7 million of the population are jobless‚ while 3.5 million are homeless. There has been an increasing impact of globalization on the Filipino women‚ in particular. There has been a reduction of permanent workers in favor of temporary and casual workers‚ replacing pay systems based on working time
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The Economy of the Philippines is the 43rd largest in the world; according to 2011 World Bank statistics and it is also one of the emerging markets in the world; according to the CIA Fact book‚ the estimated 2011 GDP (purchasing power parity) was 391.1 billion. Goldman Sachs estimates that by the year 2050‚ it will be the 14th largest economy in the world; Goldman Sachs also included the Philippines in its list of the Next Eleven economies. HSBC projects the Philippine economy to become the 16th
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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 Commonwealth of the Philippines administered the Philippines from 1935 until 1946‚ aside from a period of exile in 1942 to 1945 when Japan occupied the country. It replaced the Insular Government‚ a U.S. territorial government‚ and was established by the Tydings–McDuffie Act. The Commonwealth was designed as a transitional administration‚ and it prepared the country for independence. The Commonwealth was the culmination of efforts to secure a definitive timetable for the withdrawal of American
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The Philippines is an archipelago of 7‚107 islands in the South China Sea located between Taiwan to the north and Borneo to the south. Just 2‚000 of its islands are inhabited and only 500 are larger than a kilometer square. The nine largest islands of Luzon‚ Mindanao‚ Palawan‚ Panay‚ Mindoro‚ Samar‚ Negros‚ Leyte and Cebu make up 90% of the nation’s land area. The Philippines is mountainous in nature. The highest mountain is Mt. Apo‚ which is located in Mindanao. The second largest is Mt.Pulog in
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Philippine History Essay LEGAZPI EXPIDITION On November 21‚ 1564‚ the fifty Spanish expidition to the Philippines sailed from Mexico. Aboard four ships under the command of Miguel Lopez de Legazpi were five Augustinian friars‚ 380 men and a fair amount of food‚ ammunition and trinkets. The expedition was not the best nor the worst ever fitted for its destination‚ which at the start had been guessed as New Guinea.Whether it was good sailing weather‚ or the combined forces of the Spanish King’s
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Philippines Economics Table of contents 1. General Information 2. Agrarian Economy 3. Industrial Economy 4. Services Industries 5. Conclusion 1. General information The Philippines are located in Southeast Asia in the Western Pacific Ocean. 7‚107 Islands are part of the republic. The islands are divided into three major groups: Luzon‚ Visayas‚ and Mindanao. The South China Sea defines its western borders and the Pacific Ocean its eastern limits. The country-
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Magat Dam Magat Dam in Ramon‚ Isabela used to be the largest dam in the Philippines back when it was built in 1983. The controversial San Roque Dam (featured previously) has since eclipsed it in both structural and reservoir size in 2004. Magat Dam generates 360 megawatts of electricity (with a water head of 81 meters high) and supplies irrigation water for approximately 85‚000 hectares of farmland in Isabela and surrounding areas. The dam was constructed at a cost of 6.5 billion pesos and consists
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philippine studies Ateneo de Manila University • Loyola Heights‚ Quezon City • 1108 Philippines Philippine Commonwealth and Cult of Masculinity Alfred W. Mccoy Philippine Studies vol. 48‚ no. 3 (2000): 315–346 Copyright © Ateneo de Manila University Philippine Studies is published by the Ateneo de Manila University. Contents may not be copied or sent via email or other means to multiple sites and posted to a listserv without the copyright holder’s written permission. Users may download and print
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Nature of Poverty The Philippine is considered one of the richest countries in South East Asia because it is blessed with rich natural resources. Philippine rivers‚ lakes and seas teem with fish‚ shells‚ pearls‚ corals‚ seaweed and other forms of marine wealth. According to the Department of Education‚ Culture‚ and Sports‚ the Philippine has a high literacy rate; but despise this. . . . Why does poverty still exist in our country? The problem of poverty in the Philippines is so complex that
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