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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...
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JudySome of the different economic problems of the Philippines include the fact that they have more exports than imports. This uneven balance causes issues in the economy. The country also does not have a strong economy, they rely on former residents who no longer live in the country to reinvest in them.
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What is the current Philippine socio-economic problem?
Current socio-economic problems the Philippines faces is corruption. Corruption is prevailant at all government levels of the country and is currently facing several scandals nationwide.
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What were Ralph Recto's contribution as an economist?
During Ralph Recto's time in the House of Representatives in the Philippines, he introduced several pieces of legislation that lead to economic reforms as well as some that offered a certain amount of relief to conditions of poverty.
Biography of Gerardo Sicat?
Dr. Gerardo P. Sicat, an economist and author of several economic books and textbooks, is a Professor Emeritus of the University of the Philippines School of Economics and a former Minister of Economic Planning. He is also the first Deputy General of the National Economic Development Authority (1972-1980).
How is the standard of living in Philippines?
I have been to the Philippines several times in the process of marrying my wife of two years. The people in the Philippines are very friendly, however you must understand that it is a third world country and they lack many things that we take for granted in the first world. The one thing that stands out the most in my mind is the widespread poverty and the government's inability to correct this problem. The other major problem there is the air pollution from the many cars and jeepnies that constantly run all over the country. However in spite of these negative attributes, the Philippines and its people are wonderful. I look forward to going back.
