Philippines Economics

The Basic Problems Of An Economy are:

1) What to produce

2) How to produce

3) For whom to produce

Some other basic problems:

1) problem of efficient or fuller utilization of resources

2) problem of growth of resources

3) Problem of economic growth

The west is economically gifted by nature and most countries of the world are not economically gifted, the world's social problem is financially related and economies alone cannot solve the world's financial problems. What is the job of the world bank and IMF? Pride is basically the main problem of the world and we should all humble ourselves at all times as the God of the universe has with held the solution to the world's overall problems. The world is long overdue for a single global currency which will serve as the world's reserve currency under a new world financial institution or if the world bank and IMF are ready to turn their services to the world then the single currency will serve with the true bank to solve all financial problems all over the world.................there is no other way out.........

As of 2014, the Philippines is experiencing a growing economy, however, poverty and unemployment remain important problems. Corruption among some government officials, such as police officers, is another challenge the country is dealing with.

magkano ang ticket manila to iliga bukas ang alis

1 US dollar (USD) is worth about 50 Phillipine pesos (PHP), as at Feb 18, 2009.

Of course, if you are in a country which only accepts PHPs, and you want to buy something, and you have both PHPs and dollars, and you are unable to exchange the dollars anywhere, then your PHPs would be of more value to you than your dollars.

Because theyre poor and probably give minimum wage for hard work

Very Bad, We are under the corrupt government. that's all how sad.

The contribution of entrepreneurship in the Philippines economy is impressive. There is a high demand for entrepreneurs in the Philippines. There were over 830,000 entrepreneurs in the Philippines in 2011.

The Philippines has no Department of Housing. What it has is the National Housing Authority, but this office is not headed by a cabinet secretary.There is also the Housing and Urban Development Coordinating Council, which has Vice President Jejomar C. Binay as Chairman.

There are several economic problems our country encountered.But the first is corruption, poverty and unemployment and the most problem is misorganization of the government...philippines encounter these problems not only because of the ruler or the government handlers who manage and handle the allabouts of our country, but these problems are done by all...

okay , education in general helps us work , but lets take from other point of view , if most of the philpino ppl dont study , the country is going to face aproblem where the demanded skills dont match the skills available with the ppl , therefore too unemployment will result in less country output or economical output ...

okay , education in general helps us work , but lets take from other point of view , if most of the philpino ppl dont study , the country is going to face aproblem where the demanded skills dont match the skills available with the ppl , therefore too unemployment will result in less country output or economical output ...

Some of the influences to the Filipinos from the Americans were :

-food = steak, burgers , fried chicken , hotdog, etc.

-religion = Baptists, and methodists

-transportation= cars , bikes , skooters, trains, airplanes, etc.

-education= schooling

-independance and liberty

-manu facturing of plant producing fabric, tobacco , and ciggarettes

- language= grammar, litreture, and ENGLISH

-music= jazz, blues, rock , and pop

Poverty incidence among Filipino families increased from 24.4 percent in 2003 to 26.9 percent in 2006. Poverty incidence refers to the proportion of families or individuals with per capita income less than the per capita poverty threshold to the total number of families or individuals.

Aside from our National heroes like Dr. Jose Rizal, Andres Bonifacio, Emilio Aguinaldo, Jose P. Laurel; Mr. Romualdo Gripaldo is one of the modern Filipino philosophers.

Some agricultural problems in the Philippines are:

1. Agricultural Lands are converted into golf course, residential subdivisions, industrial parks, etc..

2. Environmental damages: Coral reef destruction, pollution of coastal and marine resources, mangrove forest destruction, etc.

3. Pests: Nematodes, Radopholus similies, meloidogyne etc.

In a statement, Monterona added the latest SWS survey on unemployment is a "slap on the face of Pres.Benigno Aquino III and his labor honchos who stated that it will stop sending Filipino workers abroad."

"The reality is, the government will continue to do so and even intensify its labor export program by exploring labor markets abroad, no difference from the previous administrations," Monterona averred.

About 4,200 Filipinos are leaving the country daily for work or looking for jobs abroad compared to the 3,200 two years ago, according to Monterona.

"With the worsening unemployment problem, the number of Filipinos forced to leave the country for overseasjob will increase to around three to 5 percent from the current base figure of 4,200 daily in two to 3 year time."

The group also slammed the country's labor department, saying, "The DoLE would make us believe that the unemployment problem is due to 'job mismatch'. The fact is the Aquino administration performs poorly in generating local jobs with decent pay and benefits primarily due to anti-labor policies such as labor-contracting only, among others."

It is the most important aspect in the economy.where we may able to produce our agricultural product.agrarian reform law was made by our own republic president before,MR.RAMON M. MAGSAYSAY he implement this law to help our farmer to produce an abundant product in the philipine

s.He is the president who focus in theagricultural aspect such as,fishing,farming and aquatic resource

lawrence tamayo

patindol

martin lawrence

martinez estrael

at si Lumbao

This website may be of aid: https://www.cia.gov/library/publications/the-world-factbook/geos/rp.html

CHED has no secretary because it is not a department. It is commission. So, it is under the commissioner --> Dr. Emmanuel Y. Angeles.

the status of our country is very complecated
The Philippine economy seems comparatively well-equipped to weather the global financial crisis in the short term as a result of the efforts over the past few years to control the fiscal deficit, bring down debt ratios, and adopt internationally-accepted banking sector capital adequacy standards. The Philippine banking sector -- which comprises 80% of total financial system resources -- has limited direct exposure to distressed financial institutions overseas (i.e., $2 billion, less than 2 percent of aggregate banking system assets). Conservative regulatory policies, including the prohibition of investments in structured products, shielded the insurance sector from exposure to distressed financial firms. While direct financial exposure to problematic investments and financial institutions is limited, the impact of external shocks to economic growth, poverty alleviation, employment, remittances, credit availability, and overall investment prospects is a concern.
The Philippines is still in the third world which means the economy is still not stable.

One of the primary economic problems in the Philippines is the political unrest. Investors do not want to put money into such a volatile country. The solution is for people to come together to make their government more stable so the economy can grow to its fullest.

Agriculture is important because it is the source of food (the major component of household expenditure in the Philippines) for the economy. Aside from that, it is the source of foreign exchange, the number of laborers that can be absorbed , the source of raw materials for manufacturing and related industries, and a potential market for products of other economic sectors.

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