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Based on the decriptions I've found of the Philippine's economic system, Im going to say that they currently are trying to move towards a mixed economy.

"Strategies for streamlining the economy include improvements of infrastructure, more efficient tax systems to bolster government revenues, furthering deregulation and privatization of the economy, and increasing trade integration within the region and across the world",

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11y ago
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15y ago

The economy of the Philippines is always changing, sometimes the economy is high, sometimes the economy is low. About the Global Crisis, the economy of the Philippines is rising sometimes but a little only, but when it goes down, either the economy goes down very low, or goes down a little low.

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12y ago

None. Buying items in bulk makes no difference, unit prices are still the same. Expensive electronics and cars are offset by cheap healthcare and low rents. Almost the same as living in a 1st world country minus a good job. They certainly need a better commerce system. They lose a lot of money using 20th century technology.

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11y ago

What kind of economic system dose the philippines have

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7y ago

The Philippines has a mixed economy.

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Q: What kind of economics system has Philippine have?
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