Philippine Economy at Present During 1960’s the Philippine economy has experienced repeated boom-and-bust cycles in the 5 decades since the nation achieved independence from the United States. In 1960s its economy ranked as the second most progressive in Asia‚ next to that of Japan. After 1965‚ when Ferdinand E. Marcos became president‚ the nation experienced economic problems and social unrest‚ especially from the 1970s‚ when corruption and cronyism (the practice of appointing friends to well-paid
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CRISIS IN THE PHILIPPINE EDUCATION “Ang kabataan ang pag-asa ng ating bayan”‚ we always encounter this quote especially when the topic is about our youth. 5.8- 6 million is the growing number of our out of school youth today with this result the saying seems to be a failure. As a nurse‚ I have come up with an idea of proposing a mini-barangay library school as a solution to the countries growing number of out of school children. Truly‚ this kind of program needs fund in order to be established
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Philippines Economy: Booming‚ But Poverty and Unemployment Remain Problematic Shortly after my piece on the Philippines’ continuing structural economic vulnerabilities‚ which generated considerable controversy and heated discussions among experts and observers alike‚ the country’s stock markets managed to record new historic highs — breaching the 7‚000 mark and beyond. Meanwhile‚ Standard & Poor’s Ratings Services‚ following in the footsteps of Fitch Ratings‚ has just awarded the Philippines
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of the Philippines TAGUIG CITY UNIVERSITY Gen. Santos Ave.‚ Upper Bicutan‚ Taguig City COLLEGE OF ENGINEERING‚ TECHNOLOGY AND COMPUTER SCIENCE Principles of Economy with Taxation and Agrarian Reforms Xeres Yvonne O. Quimora A Comparative Study Of Philippines and Vietnam’s Economy Laserna‚Marknel S. Caraig‚ Ma. Joy Angeline E. Serrano‚ Ismerald BSCS-C32 Morning Philippines Vietnam Economic and social environment Philippines The Philippines is a large
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Political Economy Economics‚ in its most general sense‚ is the science of scarcity. It deals with the allocation and distribution of limited resources to the economic elements concerned. The distribution of these resources is however a complex process involving supply and demand. The trade of goods and services is manifest in the market. Thus‚ the market is an essential part of the society. The society can hardly function without a market where the demands of the people‚ from the most basic necessities
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The effect that the financial crisis has had on the global economy. Financial crises ? Due to lack of liquidity in the financial institution causes recession or depression in the economy. The situation occurs in which the value of financial assets or institutions drops promptly. Financial crises always concord with a panic or run n the banks‚ in this situation investors sells off their all assets keeping in mind that their values will go down and they also withdraw money from their saving
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New Conceptualization of Global Economy‚ Society‚ and Culture A. * Great Leap Forward * Change from agrarian economy to an industrial economy; aimed to use vast population * Through process of industrialization and collectivization * Private farming was prohibited‚ tens of millions deaths due to grain shortage. * 5 Year Plans * Initial 5 year plans were made for rapid industrialization * Some were completed early and successful and some were abandoned
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Effects of Noontime Shows in Philippine Economy and Filipino Families Since television came out in the Philippines in the 1950s‚ it has become “the most accessible and most influential medium to the society” (SEECTV‚ 2012). The television has become such an integral part of homes in the modern world that it is hard to imagine life without television. Not just for entertainment value‚ but TV is also a valuable resource for advertising and different kinds of programming (Jezek Geno‚ 2014). The TV affects
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The impact of the global financial crisis on the Philippine financial system – an assessment “The problem in politics is this: you don’t get any credit for disasters averted.” Henry M Paulson Jr‚ Former US Treasury Secretary I. Introduction The crisis that originated from the US subprime mortgage market escalated into a global phenomenon. Earlier debates on “decoupling”2 died down as the crisis’ contagion effects proved headstrong‚ cascading to the financial markets of advanced
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SUMMARY OF THE ARTICLE: Development Down The Drain: The Crisis of Official Development Assistance to the Philippines By: Eduardo C. Tadem‚ Ph.D. I. WHAT IS ODA? “Flows of official financing administered with the promotion of the economic development and welfare of developing countries as the main objective…” - Organization for Economic Cooperation and Development (OECD) II. QUALIFICATIONS: 1. undertaken by the official sector 2. main objective: promotion of economic development
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