Question

Filipino in the Contemporary World

CREATE A CRITICAL ESSAY (MINIMUM OF 500 WORDS)

Objectives:
• To incorporate the readings and materials from Modules 1 through 3 in a Critical Essay.
• To explore and dissect the interrelation of the main topics of the THREE MODULES: FILIPINO IDENTITY, DEVELOPMENT, AND GLOBALIZATION.
• To form criticisms as a contemporary Filipino citizen on the said topics.

Instructions:
The main goal of this essay is for you to be critical, as a Filipino, of the current state of the country by taking into consideration the factors that have led the Philippines now to where it is currently. May it be cultural reasons, societal, political or such, lay down your criticisms on them in your essay. You are free to choose one main topic from the three modules but incorporate and relate the rest of the modules.

Answer 1

In January 2015, out of the 62.87 million Filipinos in the age gathering of 15 years or more, the work power involved 40.11 million. Out of these, 2.65 million were jobless.

Situated in Southeast Asia, the Republic of the Philippines involves 7,107 islands. With in excess of 100 million individuals at present living in the Philippines, it is positioned as the twelfth most crowded nation on the planet. Philippines' economy to a great extent relies upon the settlements from the Filipinos dwelling abroad and putting resources into the country. In excess of 10 million Filipinos are right now living abroad.

Philippines has risen as one of the quickest developing economies in Asia, with a yearly GDP development pace of 6.1% in 2014. As per the Asian Development Bank, the GDP development, Inflation, and Current Account Balance in 2015 is assessed to be 6.4%, 2.8%, and 4%, separately. While these figures may paint a ruddy picture, there are sure major issues that should be tended to.

Like most other southeast Asian areas, Philippines also has a background marked by European colonization. It was a province of Spain and the USA. The nation is presently home to various societies and ethnic gatherings. It is likewise viewed as an ideal case of a 'blended economy'. Generally, the economy balanced out on the agrarian commitments and the assembling of pieces of clothing, drug items, and semiconductors. In the most recent decade, electronic fares added to the fares, alongside different items acquired by mining. In spite of the fact that Philippines also endured as far as fares, settlements from abroad Filipino laborers, and unfamiliar direct speculations, during the 2008 worldwide monetary emergency, there has been consistent financial development in the ongoing years. Notwithstanding, there are sure monetary issues that can't be overlooked.

In 2012, 10 million Filipinos were either jobless (3,000,000) or underemployed (7,000,000). In October 2013, joblessness rate was 6.5% in contrast with 6.8% in 2012. As per the Labor Force Survey, the joblessness rate was 6% and 6.6% in October 2014 and January 2015, individually.

Only one-fourth of the Filipinos that enter the work power can secure great positions in the nation, and most of them secure positions abroad, leave the work power, or wind up getting jobless/underemployed. In this way, three-fourth of the laborers are jobless or casually utilized, with absence of chances to secure great positions. In spite of the fact that positions are being produced, there's a need to create occupations at an a lot quicker rate, to have the option to cut down the joblessness rate. A large number of the jobless people are school graduates. Many sit tight for openings for work abroad, and numerous families rely upon settlements from relatives who are remaining abroad.

Regardless of the discussion about financial development, the neediness rates have not changed altogether since 2006. According to the National Statistical Coordination Board (NSCB), neediness occurrence of the populace improved from 26.3 percent in 2009 to 25.2 percent in 2012.

Despite the fact that Philippines is a quickly developing economy, there's been only a minor decrease in the occurrence of destitution. Destitution is a lot of connected to joblessness. Lamentably, the development is confined to the BPO, retail, and land segment, and an enormous number of Filipinos stay without occupations. On head of that, normal catastrophes further push individuals beneath the destitution line. Along these lines, financial uniqueness is a typical element. When all is said in done, the increases from higher monetary development have not generally streamed down to poor people.

Framework is perhaps the greatest test. In the Global Competitiveness Report 2014-2015 of the World Economic Forum, Philippines didn't charge well as far as the nature of the general framework. It positioned at number 91 among 144 nations. This can be ascribed to underinvestment in foundation.

So as to have worldwide organizations, Philippines should give more consideration to improving the framework. An all around created transportation (streets, railways, ports, and air transport) and correspondence framework is very fundamental for monetary exercises. According to the World Bank's Ease of Doing Business 2015 report, Philippines positioned 95 out of 189 economies. It needs to improve its positioning in specific classifications. It positioned 161 in the classification of beginning a business, 124 in managing development licenses, 108 in enrolling property, 104 in getting credit, 154 in securing minority financial specialists, 127 in covering charges, and 124 in upholding contracts. In this way, the approach producers should find a way to pull in worldwide organizations or financial specialists.

Philippines was the third-most elevated beneficiary of transient settlements in 2013, after India and China. As indicated by the Philippine Central Bank, settlements from abroad Filipino specialists (OFWs) arrived at USD 25.1 billion of every 2013. It was 7.6% higher than the settlements from the most recent year, and represented 8.4 % of Philippine total national output (GDP) in 2013.

The source nations for the settlements incorporated the United States, Saudi Arabia, the United Kingdom, the United Arab Emirates, Singapore, Canada, and Japan. The nation intensely depends on these assets. Their financial development can essentially be related to the settlements from the abroad Filipino specialists, just as the development in the Business Process Outsourcing (BPO) division. Likewise, one can't preclude that the development is associated with the worldwide economy. In case of any emergency, financial development will undoubtedly endure. Subsequently, more noteworthy consideration must be paid to tending to the inward issues of the economy and improving homegrown situated development. A strategy of eliminating auxiliary obstacles to development must be received, with lesser spotlight on unfamiliar speculators and exporters.

Other than the previously mentioned issues, defilement is another viewpoint that should be dealt with. The current organization needs to set up an industrialization program that energizes esteem expansion assembling or administrations and manufactures Filipino-possessed ventures. Being excessively reliant on worldwide economy or settlements from Filipinos living abroad will make the country helpless against outside stuns. Accordingly, the point ought to be to energize comprehensive development in the nation by making work openings and diminishing neediness.