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Student migration is the movement of students who study outside their country of birth or citizenship for a period of 12 months or more. [1] During the period of globalization, the internationalisation of higher education increased dramatically and it has become a market driven activity.
The Philippines also became the distribution center of silver mined in the Americas, which was in high demand in Asia, during the period. [20] In exchange for this silver, the Philippines very much functioned like a trade entrepot between the nations of South, East and Southeast Asia and the territories in Spanish North and South Americas ...
Japan is one of the states that realized the importance of the education. Japan's renowned Universities, with the government's active support, are increasingly accepting more international students and professors, publicizing foreign language education programs, and sending more students abroad through their study abroad programs. [17]
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
Globalization (North American spelling; also Oxford spelling [UK]) or globalisation (non-Oxford British spelling; see spelling differences) is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide.
The Philippines, [g] officially the Republic of the Philippines, [h] is an archipelagic country in Southeast Asia. In the western Pacific Ocean , it consists of 7,641 islands , with a total area of roughly 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon , Visayas , and ...
The historical origins of globalization (also known as historical globalization) are the subject of ongoing debate. Though many scholars situate the origins of globalization in the modern era (around the 19th century ), others regard it as a phenomenon with a long history, dating back thousands of years (a concept known as archaic globalization ).
The Philippines’ debt went up to more than 200 percent of exports in the period from 1978 to 1991, [1] so more than half the value of the country’s exports went to debt servicing, rather than imports. [1] By contrast, Thailand and Korea, which did not borrow heavily despite the low interest rates of the early 1970s, fared better in the long ...