Question

1. How can the characteristics, nature, or experiences of Latin American nations and the Philippines, as well as institutions and communities help them navigate through or yield under globalization?

Answer 1

Characteristics, nature or experiences of Latin American nations and the Philippines,as well as institutions and communities help them navigate through or yield under globalisation, because they have experienced such conditions under which they have developed process through which they can enrich their condition.

*** Latin American have experienced colonial rule under which only agriculture and mining was under process,and Portuguese were ruling over them, through which Latin American have developed their skill of exporting agricultural and mining products.

***. Under globalisation Latin American are migrating their workforce and exporting agricultural and mining products and they have effective growth rate and increased per capita income.

***. Philippines has experienced similar situation as faced by Latin American, they have also improved under globalisation and they are also product exporting country.they have also experienced growth in per capita income and a healthy economic condition.

*** In both the situation, there is a positive effect of globalisation and improved condition.

***. Institutions and communities also helps in both the situation , there is positive effects of these institutions and communities.