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This paper analyses how globalisation has affected the Philippines, starting with globalisation trends in the country (Section 2), and followed by macroeconomic and distributional consequences of globaltion (Section 3).
9 wrz 2024 · The Philippines saw its export-to-gross domestic product ratio decline from 34.7% in 2010 to 26.7% in 2023. Over that period, the number of exporting firms also fell to 2,750 from about 3,500. This inward shift could limit future growth.
13 lut 2019 · While empirical estimates show that globalisation has positively affected the country’s economic growth and employment, substantial evidence for its impact on inequality and poverty has yet to be found, as preliminary estimates show mixed results.
7 mar 2024 · The state of the Philippine economy across seven major sectors and themes. In the article, we explore the 2024 outlook for seven key sectors and themes, what may affect each of them in the coming year, and what could potentially unlock continued growth.
Globalization 3.0 may need a fundamental rethinking to enable the country to survive - and thrive - in an era of global transition. The new globalization is characterized by the following key features: 1) Economic restructuring; 2) Worsening inequality trends; 3) Threats to international cooperation in providing global public goods (GPGs);
16 paź 2024 · Domestic growth is strong in the Philippines, while global challenges are affecting prospects. The Philippine government is implementing its 8-point socioeconomic agenda and the Philippine Development Plan 2023-2028 to ensure inclusive, resilient, and sustainable growth for a prosperous society.
2 sie 2021 · The Philippines has relied instead on draconian mobility restrictions across large sections of the country’s key cities and growth hubs every time a COVID-19 surge threatens to overwhelm the...
