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[14]: 85–87 Societal changes in Spain and the Philippines led to an expansion of the Philippine bureaucracy and its civil service positions, predominantly for the educated living in urban areas, although the highest levels continued to remain in the hand of those born in Spain. This, combined with a shifting economy, saw more complex social ...
The Philippines is an archipelago of 7,641 islands customarily enclosed by the lines demarcated by the Treaty of Paris in 1898 and its supplementary Treaty of Washington of 1900, and the Convention Between the United States and Great Britain in 1930, which came to be known in the Philippines as its International Treaty Limits.
The Philippines is in tension with rival international claimants to various land and water territories in the South China Sea. The Philippines is currently in dispute with the People's Republic of China over the Camago and Malampaya gas fields. The two countries are also in dispute over the Scarborough Shoal.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
An enlargeable basic map of the Philippines. Pronunciation: / ˈ f ɪ l ə p iː n z / ⓘ Abbreviations: PH or PHL; Common English country name: Philippines, the Philippines; Official English country name: Republic of the Philippines; Common endonyms: Philippines, Pilipinas, Pinas (informal) Official endonym: Republic of the Philippines ...
The economy saw continuous real GDP growth of at least 5% since 2012. The Philippine Stock Exchange index ended 2012 with 5,812.73 points a 32.95% growth from the 4,371.96-finish in 2011. [80] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.
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[10]: 53 Ultimate power was held by the King and the Council of the Indies, with the Philippines being part of New Spain, [106]: 1077 although the islands functioned practically autonomously. [108]: 25 The Philippines had their own Governor [106]: 1077 and a judicial body was established in 1583.