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What is Globalization about?
The Philippines has embraced globalization, leading to significant economic growth through increased trade openness and foreign investments, resulting in a rise in per capita GDP. The country has also become a major source of international migrants, with remittances from Overseas Filipino Workers playing a crucial role in national development. While challenges remain, such as ensuring inclusive growth and protecting local industries, the overall impact of globalization has been positive, positioning the Phi
- Author
- Zyrhelle Leih Macanas
- Language
- EN