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Philippines Economics
Philippine economics are based on food, textiles and garments and electronics assembly. It is an emerging market with substantial growth in the past 24 years thanks in part to an increase modernization of management and production.
487 Questions
Explain in details the relationship between economics facts theory and policy?
explain in details the relationships between economics facts, theory and policy.
Invisible hand application to Philippine economy?
Divisoria. That's why the prices are so low because everyone is trying to profit against thousands of more buyers.
What are the geographical economic information about the Philippines?
the Philippines is have many culture and they show what can they do of their place.they have so many wonderful place about it.
What kind of illegal activities does a black market do in the economic status of Philippines?
Mr. Henry Byroade, former U.S. Ambassador to the Philippines once said "Money is power anywhere in the world but particularly in the Philippines". In spite of the past and present administrations' considerable efforts to curb black markets, they continue to this day unabated. This could be atributable to the close proximation of the Philippines to Hong Kong, long considered to be something of "a smuggler's paradise".
Two of the most common black market activities revolve around sex and drugs. Sexual activities are not limited merely to prostitution. Child prostitution, of both sexes, is common. Also, throughout much of Southeast Asia one can readily find astounding transvestite (male)prostitutes. Pedophiles come to Manila, the capitol city, from as far away as Europe, Australia, and the United States. One former American military personnel dubbed the Philippines a "Disneyland for grown-ups".
Drug use is quite commonplace throughout the Philippines. Most of the substances which are abused in countries like the United States are not readily available in the Philippines, but rest assured they have plenty of their own narcotic substances available, most popular of which is "shabu".
Shortly after World War II, political and economic conditions in the Philippines were ripe for smugglers, particularly to-and-from neighboring countries like Malaysia and Singapore. In a war-ravaged economy, many staple needs were in short supply. Smugglers had a field day. Common items like liquor and cigarettes were profitable commodities for smugglers but even sundry items such as onions and garlic lined the pockets of many smugglers before the police eventually caught up with them, often resulting in bloodshed.
If you would like a good broad overview of the black maket situation in the Philippines, I suggest you try to rent the movie "Cavite" at your local library or video store. It will provide you with a very frank and sometimes unsettling picture of what life is really like in "the Pearl of the Orient".
Definition of prudential regulation?
The prudential regulation is regulation of deposit-taking institutions and supervision of the conduct of these institutions and set down requirements that limit their risk-taking. The aim of prudential regulation is to ensure the safety of depositors' funds and keep the stability of the financial system.
Examples of economic problems?
The examples of economic problems include poor infrastructure, corruption, insecurity and so much more. These are the things that affect the economy directly or indirectly.
What are the top 10 corporation in the Philippines since 2008-2009?
Top 10 Corporation in the Philippines using 2008-2009 Gross Revenue development
1. Petron Corporation
2. Pilipinas Shell Petroleum Corporation
3. Manila Electric Company
4. San Miguel Corporation and Subsidiaries
5. Philippine Long Distance Telephone Company
6. TI (Philippines), Incorporated
7. Chevron Holdings Incorporated
8. Nestle Philippines Incorporated
9. Philippine Associated Smelting and Refining Corporation
10. Mercury Drug Corporation
Definition of banaue rice terraces?
The Banaue rice terraces can be found in the province of Ifugao, island of Luzon in the Philippines. It would take a 9-hour bus ride from Manila to the magnificent terraces.
Banaue Rice Terraces are located in Philippines.
How long did it take to build the banaue rice terraces?
The Banaue Rice Terraces, located in the Philippines, are believed to have been constructed over a period of approximately 2,000 years, starting around 2000 BC. These terraces were built by the indigenous Ifugao people to cultivate rice on the steep mountain slopes. The extensive and intricate system reflects their deep agricultural knowledge and cultural heritage. Today, they are often referred to as the "Eighth Wonder of the World" due to their remarkable engineering and historical significance.
History of period of activism of the Philippines?
The history of activism in the Philippines spans several key periods, notably during the Spanish colonial era, where movements like the Propaganda Movement sought reforms and independence. The struggle intensified during the American colonial period and the subsequent fight against Japanese occupation in World War II. In the 1970s, the Martial Law era under Ferdinand Marcos spurred significant activism, leading to the People Power Revolution in 1986, which restored democracy. Since then, activism has continued to address issues like human rights, corruption, and social justice in the Philippines.
