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Real GPD per capita development of the Philippines. The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring ...
Modernization theory holds that as societies become more economically modernized, wealthier and more educated, their political institutions become increasingly liberal democratic. [1] The "classical" theories of modernization of the 1950s and 1960s, most influentially articulated by Seymour Lipset, [1] drew on sociological analyses of Karl Marx ...
Westernization, to some schools, is seen as a form of globalization that leads the world to be similar to Western powers. Being globalized means taking positive aspects of the world, but globalization also brings the debate about being Westernized.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...
Political globalization is the growth of the worldwide political system, both in size and complexity. That system includes national governments , their governmental and intergovernmental organizations as well as government-independent elements of global civil society such as international non-governmental organizations and social movement ...
Political history of the Philippines. Emilio Aguinaldo, who led the Philippine Revolution against Spain, and Manuel L. Quezon, President of the autonomous Commonwealth of the Philippines under the United States. Early polities in what is now the Philippines were small entities known as barangays, although some larger states were established ...
Economic growth has been positive and stable, averaging 6.3% between 2010 and 2018 and 4.5% between 2000 and 2009. Additionally, the country is expected to become an upper-middle country in the near future, as its per capita income of $3,660 USD is just below the minimum bound of $3,896 USD. History of the World Bank in the Philippines