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The Impact of Trade on Employment in the Philippines: Country Report (PDF). Makati City, Philippines: International Labour Organization. April 2019. ISBN 978-92-2-133021-9. Archived from the original (PDF) on January 24, 2022. Villegas, Bernardo. Guide to Economics for Filipinos. Manila: Sinag-Tala, 2001. ISBN 971-554-138-0
A comparative graph of Revenue and Tax Effort from 2001 to 2010 [3] A comparative graph of Tax and Non-Tax Revenue contribution from 2001 to 2010 [4]. The Philippine government generates revenues mainly through personal and income tax collection, but a small portion of non-tax revenue is also collected through fees and licenses, privatization proceeds and income from other government ...
However, in the later years, the worst recession in Philippine history occurred, with the economy contracting by 7.3% in both 1984 and 1985. [1] [5] [6] The dramatic rise and fall of the Philippine economy during this period is attributed to the Marcos administration's use of foreign loans (debt-driven as opposed to productivity-driven growth ...
Unlike the other economies in the region, The Philippines was the only one of a mere handful of countries in the whole world to have recorded a positive economic growth in 2009 and averted the effects of economic recession. [20] However, it did not mean that the country experienced no effect of the ongoing world financial crisis.
Recent signs of a cooling economy and peaking stock market, including a rising unemployment rate, an increasingly wary consumer, and volatile market action, shouldn't be ignored, according to ...
A weak July jobs report just triggered one of the most well-known, and historically accurate, recession indicators: the Sahm Rule.But the rule’s inventor, Claudia Sahm, pushed back against the ...
At 7:15 p.m. on September 23, 1972, President Ferdinand Marcos announced on television that he had placed the Philippines under martial law, [1] [2] stating he had done so in response to the "communist threat" posed by the newly founded Communist Party of the Philippines (CPP), and the sectarian "rebellion" of the Muslim Independence Movement (MIM).
In the latest edition of Yahoo Finance's Chartbook, the Yardeni Research team submitted an alternative version of the Sahm rule that attempts to adjust for the inflow of immigrant workers.