Whats the cause of crisis in the Philippines?
405940
What Lessons Does the Mexican Crisis Hold for Recovery in Asia? - group of 4 »\nGO Martinez - Finance and Development, 1998 - imf.org \n... What stand out are the problems of economic policy management ... can help us to understand\nbetter their causes and yield ... the years leading up to the crisis of 1994 ... \nCited by 15 - Cached - Web Search - BL Direct\n\nCrisis in the Philippines Left: Implications for the Asia Pacific.\nB Reid - Journal of Contemporary Asia, 2000 - quest.com \n... impact on accumulation was to create what Terry Byres ... continued until 1981, when\na renewed crisis took hold ... The immediate cause of the crisis was the excessive ... \nWeb Search - BL Direct\n\n[BOOK] The International Financial Architecture: What's New, What's Missing? - group of 2 »\nPB Kenen - 2001 - books.google.com \n... Exercise 1The Rey Report and Private-Sector Involvement The Asian Crisis and the\nArchitecture Exercise What Lies Ahead 11 2 Causes and Consequences of the ... \nCited by 45 - Web Search
860094
Why is your question in the immigration section? \nThe Philippines has too many people and a poor economy, but it is always growing with foreign companies coming in. There are many more very poor citizens than wealthy. The government has a bad reputation and many want the president impeached. Muslims are many in Mindanao especially with gorilla and explosive training terrorist camps. There are many Internet cafes where women lure or try to meet foreign men to ask for money, or try to marry to leave there and most do that for a better future for them an their family as well. There are many lady boys \n( transvestites) there doing the same thing. So this shows you the people there do what they can to survive. Many live in huts or shacks with no utilities and outside toilets and overcrowded. In general a very proud people that becomes more westernized every week. Water standards are poor and too few inoculations for disease, thus the outbreak of viruses is common. Chicken pox, yellow fever, bird flu is rampant in some areas now.
268256
come here to the philippines!
99053
Looks like the unit commander of the elite Rangers was planning a coup of President Arroyo.  According to news report here in the USA, the rumors have been spreading of a coup for the last few weeks.  Arroyo has declared a state of emergency to lockdown all the military forces in the barracks.  It gives me flashback of Marcos declaring martial law before he was overthrown by the people.
200227
the problems will never be solve if the people will not move on... just face the facts, arroyo is the president and whether you like her or not the economy is doing good. not as good as india, malaysia, and dont even compare to china, but at least the tourism is increasing, foreign investors are coming in, and even if you say its becoz of the OFW the dollar is lowering compare to peso. i am not a fan of her myself, but if we oust her, impeach her, or people power her.. it will need another long years to recover. during the ouster of erap, the economy is not doing good becoz perception on our conntry's political stability is bad and busnessman dont wana invest in that scenario, right now they are having their confidence back.. if we oust gloria again, i wonder if we can still recover...\n\ni hope and pray the people and opposion leaders (dont care about the leftist communist) would come together and face this facts and do whats best for us.. lets move on
524404
I wonder why you ask, it should be on the web. I am also kind of worried as I heard of this case of a Filipino that has been there for 3 months and is seeking aid. My prayers are with you in for your finding the answer to your concern.
285389
philippines is right now developing.. maybe not as fast as other countries lik china or india but we are... maybe if the people stop talking about ousting the president and just continue on working for the best of our country's economy then maybe we can be in a faster pace... lets all pray there will be no more people power... its time to move on
1085382
try this site, it should help.\nhttp://www.manilatimes.net/national/2005/dec/30/yehey/opinion/20051230opi5.html
202814
I can't find the article online, but the article was published in the Philippine Daily Inquirer on December 12, 2004.
1065903
The Philippines are a large archipelago of seven thousand islands near the coast of Asia. The primary commercial products are hemp, sugar cane, hemp, tobacco, coconut, rubber, gold and copper deposits. Much of its trade is done with the U.S.A. Even though the Philippines was surmounted by the Spanish, the Filipino people were still able to retain their identity. They are mostly Malay and Chinese with a small Spanish minority. To my knowledge, the Philippians's population is approximately 61,480,000 and the area is approximately 115,600 square miles. The Philippines is about 80% Catholic with a small Muslim minority. It is interesting to note that the Philippines was named after Philip of Spain.\n It is also interesting to note that in 1895 a group of Filipinos( called the Manila Men(mostly from the southern part of the Philippines) settled a little community near New Orleans, Louisiana. Using their experience of fishing in the Philippines, these men found the bayous of Louisiana similar to the bayous in the Philippines. They eventually founded one of the oldest and most popular fishing villages in Barataria Bay, Manila Village, named after the capital of the Philippines, Manila.
621181
I think the i.d system would work for Filipinos because of the terrorist organisations over there that seem to be just a face in the crowd. the N.P.A or New Peoples Army hide themselves as upstanding citizens but now and then blow up the odd bus or ship. You also have Moro Islamic Liberation Front that are in peace talks and the Abu Sayaff Islamists which are not. The only thing is that if you get asked for your i.d card in Filippines, you cant say sorry i left it at home as you are likely to get beaten and thrown in a filthy prison for months before they get around to confirming your i.d. Oh i forgot also that your cute
215184
divorce is not allowed in the philippines mainly because of the traditional catholic religion.  \n\ndisadvantages:\n- couples having a hard time staying together would work less to keep the relationship intact and resort immediately to divorce\n- it would be going against majority of the country's population's religion causing scandals\n- filipinos believe it to be immoral and therefore some couples who have gone through divorce might be discriminated against
96598
One can certainly write a book about this topic, but here are a few consequences stemming from the increasing numbers of overseas Filipino workers, of OFWs.\n\nSociological: many observers have noticed changes in the traditional family structure; as a substantial portion of OFWs are women, they often work abroad to send money home to put their children through school; thus, children often live in single parent households where the primary breadwinner is absent and gender roles are reversed, i.e. the mother is the breadwinner, while the father takes on the role of homemaker.\n\nEconomic: overseas remittances are important in keeping the Philippines' balance of payments in surplus; as such, this preserves the level of reserve assets held by the Philippines, thus contributing to debt sustainability (the country is one of the largest issuers of sovereign debt in the developing world) and propping up the exchange rate (thanks in part to the large inflow of overseas remittances from OFWs, the Philippine peso was one of the strongest performers vis-a-vis the U.S. dollar in 2005).\n\nPolitical: given their increased importance in the economy, OFWs have rightly gained increased influence as a political constituency--up until 2004, overseas Filipinos were denied the right to vote; because of their large numbers -- some estimates go as high as 8 million -- their vote could potentially swing an election; however, as evidenced by the low turnout by eligible overseas Filipino voters in 2004, huge logistics problems need to be tackled to fulfill that potential.
232060
what do you mean 3? we got a whole crapload of problems in the whole of the philippines, not just central luzon.
262957
The agricultural industry of the Philippines is one of the fastest growing economies in South East Asia. The market consists mostly of services, as productivity in agriculture and industry is growing as well.\n\nHistorically, the Philippines was primarily an agricultural region producing copra, maize, hemp, rice, sugar, and tobacco. Mining was also notable as the mountains contain substantial amounts of chrome, copper, gold, iron, lead, manganese, and silver. Fishing has been another important occupation, centered in Manila Bay and the Sulu Archipelago. Although fishing has been important, its future is bleak due to expensive funds and equipments.\n\nImportant sectors of the Philippine economy include agriculture and industry, particularly food processing, textiles and garments, and electronics and automobile parts. Most industries are concentrated in the urban areas around metropolitan Manila. Mining also has great potential in the Philippines, which possesses significant reserves of chromite, nickel, and copper. Recent natural gas finds off the islands of Palawan add to the country's substantial geothermal, hydro, and coal energy reserves. In conclusion, the Philippines is abundant in mineral resources and natural gas.\n\n\nBackground\nSince the end of the World War II, the Philippine economy has had a mixed history of growth and development. Over the years, the Philippines has gone from being one of the richest countries in Asia (following Japan) to being one of the poorest. Growth immediately after the war was rapid, but slowed over time. A severe recession in 1984-85 saw the economy shrink by more than 10%, and perceptions of political instability during the Aquino administration further dampened economic activity. During his administration, President Ramos introduced a broad range of economic reforms and initiatives designed to spur business growth and foreign investment. As a result, the Philippines saw a period of rapid sustained growth, but the Asian financial crisis triggered in 1997 slowed economic development in the Philippines once again. In 1998, the Philippine economy deteriorated as a result of spill-over from the Asian financial crisis and poor weather conditions. Growth fell to about -0.5% in 1998 from 5% in 1997, but recovered to 2.9% by 1999. President Estrada tried to resist protectionist measures; and efforts to continue the reforms begun by the Ramos administration made significant progress. A major bank failure in April 2000 and the impeachment and subsequent departure of President Estrada in the beginning of 2001 led to lower growth. The current administration under President Gloria Macapagal-Arroyo is pushing towards faster and more rapid economic growth. In 2004, the Philippine economy grew by 6.1%, a pleasant surprise, beating most analysts and even the government's estimates. However, the advent of high oil prices might dampen growth estimates for 2005. As of 2006 the economy of the Philippines had a phenomenal growth since the month of November 2005 effecting for lowering of petroleum products and increase of job and industrial opportunities for people and having the currency of the Philippines one of the most oustanding in growth in the world.\n\n\nEconomy year 2005\nThe Philippines was less severely affected by the Asian financial crisis of 1998 than its neighbors, aided in part by annual remittances of $7-8 billion from overseas workers and no sustained runup in asset prices or foreign borrowing prior to the crisis. From a 0.6% decline in 1998, GDP expanded by 2.4% in 1999, and 4.4% in 2000, but slowed to 3.2% in 2001 in the context of a global economic slowdown, an export slump, and political and security concerns. GDP growth accelerated to 4.3% in 2002, 4.7% in 2003, and about 6% in 2004, reflecting the continued resilience of the service sector, and improved exports and agricultural output. Nonetheless, it will take a higher, sustained growth path to make appreciable progress in pove
171829
I have my doubts about that. Philippines dont exactly have a good reputation for having fair minded politicians and you cannot run a bank like a government. Honestly the best way to do this is to have it run by a foreign group with a beneficial goal.
514285
First, by eliminating corruption the plagued the government! From the local to the executive level, corruption is so rampant! If only these so called politicians have conscience, I'm sure poverty would not be a huge issue for any 3rd world country. \nAlso, people should change their own perspective in life. It's not because it has been made outside the Philippines, it has good quality. Too much brain drain happening that no society could survive for that matter.