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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 ...
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 21 January 2025. Economy of 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 income ...
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 Gini coefficient is also known as Gini index or Gini Ratio. It measures the degree of inequality in the distribution of family income in a country. [6] A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household.
In the second chapter, Guerrero describes Philippine society and its fundamental problems. He first describes the Philippines as semi-colonial and semi-feudal. [3]: 62 He goes on to state that this is maintained by US imperialism, feudalism, and bureaucrat capitalism, before going on to describe semi-colonialism and semi-feudalism.
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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.