Question

Although the Philippines is developing its socio-economic capability, our country in its effort tries to seek what’s best for our national interests and economy. Unfortunately, some of our foreign policies (despite the fact that the 1987 Philippine Constitution indicates that the State shall pursue an independent foreign policy. In its relation w/ other states...) are seen as problematic because the Philippines in the contemporary times become heavily dependent to these hegemonic states and other core countries who have the economic prowess (like giving loans, foreign aids and other financial assistance) meanwhile, people from peripheral countries were still experience poverty in society.

As a Filipino youth, what are your insights regarding the current issues surrounding Philippine development? What are the implications of being so dependent to other countries in terms of our economy, lastly, can we sustain the development of the Philippines despite the manifestation of unequal distribution of opportunities because of globalization and capitalism? Discuss coherently.

Answer 1