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What is Globalization and Philippine Economy Challenges about?

The document discusses the experience of globalization in the Philippine economy over recent decades. It notes that the Philippine economy has become increasingly integrated with the global economy through trade, finance, labor migration, and participation in global value chains. This integration has both benefits and challenges for the Philippine macroeconomy and distribution of incomes. Globalization has supported strong economic growth but also increased vulnerability to external shocks and uneven benefi

Author

Angelica Mendoza

Language

EN