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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 .
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 ...
Philippine literature in English has its roots in the efforts of the United States, then engaged in a war with Filipino nationalist forces at the end of the 19th century. By 1901, public education was institutionalized in the Philippines , with English serving as the medium of instruction.
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]
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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.
The Aguinaldo Shrine built in 1845 is where Philippine independence from Spain was declared on June 12, 1898.. Filipino nationalism refers to the establishment and support of a political identity associated with the modern nation-state of the Philippines, leading to a wide-ranging campaign for political, social, and economic freedom in the Philippines.
An Embarrassment of Riches is a 2000 novel written by Filipino novelist Charlson L. Ong.A Second Place Philippine Centennial Literary Prize winner, the novel was published in Quezon City, Philippines [2] [3] by the Philippine Centennial Commission, the University of the Philippines Press, and the UP Creative Writing Center, in celebration of the one hundred years of Philippine independence ...