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What is Globalization Effects on the Philippines about?

Globalization has significantly impacted the Philippines by driving economic growth through increased trade and foreign investment, particularly in the Business Process Outsourcing (BPO) sector, while also creating job opportunities and boosting remittances from Overseas Filipino Workers (OFWs). However, it has exacerbated social disparities, environmental concerns, and dependency on remittances, leading to challenges such as income inequality and cultural erosion. Balancing the benefits and drawbacks of gl

Author

OLANDESCA JOHN BERNABE M.

Language

EN