Essay sample library > Philippines

Philippines

2024-01-30 08:18:05

The economic degrees of freedom score of the Philippines is 65.0, and its economy is ranked 61st in 2018 index. The total score fell 0.6 points, the government's integrity, currency freedom and indicators of property rights were lower than improvements in freedom of trade and judicial efficiency. The Philippines is ranked 13th among 43 countries in the Asia Pacific region, with total points exceeding regional average and global average.

Due to the strong growth of the Philippine economy, the government can prioritize domestic law over economic policy issues and order problems. The popularity of the president declined rapidly, and the confidence of investors declined by the end of 2017. The lack of vitality of entrepreneurs hinders development. Several fiscal reforms have been adopted, but deeper institutional reform is needed in mutually relevant fields, freedom of commerce, freedom of investment and the rule of law. The judicial system is still weak and susceptible to political influences

The Philippines is the former colony of Spain and the United States, and in 1935 it became an autonomous union. Its diverse population speaks over 80 languages ​​and dialects on over 7,000 islands in the western Pacific. During the six years of President Benigno Aquino III, the Philippines has become one of the most performing economies in the region. In 2016, the long-term mayor of Davao Rodrigo Du Terto took over Aquino. Duterte strengthens his power by leaving his opponent, and his brutal suppression of illegal drugs reflects dictatorship. Agriculture is still an important part of the economy, but industrial production in the fields of electronics, clothing and shipbuilding has been growing rapidly. Remittance from overseas workers is close to 10% of GDP

The Philippines is the world's largest producer of coconuts, with production of 19.5 million tons in 2009. Philippine coconut production is generally concentrated on medium sized farms. The Philippines is also the world's largest producer of pineapple, with production volume of 2,458,420 million tons in 2013. Philippine rice cultivation is very important for the country's food supply and economy. The Philippines is the eighth largest rice producer in the world, accounting for 8% of world rice production. The Philippines is also the world's largest rice importing country in 2010. Rice is the most important food crop and staple food in most parts of the country. It is widely produced in Luzon Island (especially Central Luzon Island), Western Visayas region, South Mindanao region and Central Mindanao region.

Rice is the main food of half of the population. In the Philippines, the Philippine Rice Research Institute (PhilRice) FutureRice is, is scheduled to complete the vision for the future of the Philippines of the farm in 2015. The goal is to automate the farm, connect people to the app to keep the water, utilize green energy, and use natural fertilizers and pesticides. The purpose of the demonstration farm is to provide the farmers with two future scenarios. Natural agriculture is used in a world where fuel is expensive and scarce due to high demand, high-tech mechanized agriculture is competitive in the world market.

The Philippines has one university in the Times Higher Education world university ranking. The highest ranked university in the Philippines is the University of the Philippines, ranked 601-800. The University of the Philippines is a network of seven universities and there are autonomous universities in the island. Many of the universities have multiple campuses. The competition of university performances around the world is becoming increasingly intense. Therefore, universities around the world are thinking about how to improve their international status. Times Higher Education provides a way to improve ranking. University