Search results
Results from the WOW.Com Content Network
For example, in 2017 the government in the Philippines began an investigation into an allegation of misuse of tobacco tax funds in Ilocos Norte from 2010 to 2016. [ 58 ] [ 59 ] This patron-client system which causes rampant graft and corruption maintains a society that discriminates against the poor in favor of connected individuals and ...
In the third quarter of 1981, the Philippine economy followed the course of the US economy into recession. [1] The Philippines’ debt rose to more than 200 percent of exports from 1978 to 1991. [1] More than half the value of the country’s exports went to debt service, rather than imports. [1]
The Philippines has long had long-term structural problems that interfere with sustainable economic development. The country has been dominated by a sequence of growth spurts, brief and mediocre, followed by sharp to very-sharp, severe, and extended downturns—a cycle that came to be known as the boom-bust cycle .
This is an accepted version of this page This is the latest accepted revision, reviewed on 15 January 2025. Economy of the Philippines Metro Manila, the economic center of the Philippines Currency Philippine peso (sign: ₱; code: PHP) Fiscal year Calendar year Trade organizations ADB, AIIB, AFTA, APEC, ASEAN, EAS, G-24, RCEP, WTO and others Country group Developing/Emerging Lower-middle ...
Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
The social novel, also known as the social problem (or social protest) novel, is a "work of fiction in which a prevailing social problem, such as gender, race, or class prejudice, is dramatized through its effect on the characters of a novel". [1]
While Philippine ports remained open to Spanish ships for a decade following the war, the U.S. began to integrate the Philippine economy with its own. [96] In socio-economic terms, the Philippines made solid progress in this period. The 1909 U.S. Payne–Aldrich Tariff Act provided for free trade with the Philippines. [97]