What are the strengths of the Philippines?
The Filipino workforce is one of the most compelling advantages the Philippines has over any other Asian country. With higher education priority, the literacy rate in the country is 94.6% – among the highest. English is taught in all schools, making the Philippines the world’s third largest English-speaking country.
What are the weaknesses of the Philippines?
- Inadequate infrastructure levels, low fiscal revenues (14% of GDP)
- Governance shortcomings and high corruption perception.
- High levels of income inequality, underemployment leading to expatriation.
- Terrorism in the South of the country.
- Strict bank secrecy and casinos that facilitate money laundering.
What is the strength of the Philippine economy?
Amidst rising global uncertainty and inflationary pressures, the Philippine economy is poised to remain strong and is projected to grow at 6.5 percent in 2018, 6.7 percent in 2019, and 6.6 percent in 2020.
What are the strengths and weaknesses of the US economy?
Strengths: Unemployment numbers decline, Increase in investments, and more jobs for the US people. Weaknesses: Taxes are higher, government spends less, and income inequality. Taxes used to collect revenue to pay for state goods and services. State controls resources in supply of certain goods and services.
What are the weaknesses of local government?
Drawbacks associated with local government:
Elections are held regularly, but gram sabhas are not held regularly. Most of the state governments have not transferred significant powers to the local government. They are not given adequate resources.
What makes the position of the Philippines advantageous in international relations?
Various descriptions to illustrate the country’s advantages are the country’s strategic location, hardworking and English-speaking people, continuous infrastructure for global growth, democratic government, liberalized economy, etc.
Do you consider the Philippines as a third world country?
The Philippines is historically a Third World country and currently a developing country. The GDP per capita is low, and the infant mortality rate is high. … China is a developing country today and is part of BRICS.
What are the weaknesses of Philippine agriculture?
Despite favorable climate conditions, the Philippine agriculture has a number of weaknesses, highlighted by the excessive number of Filipinos suffering from insufficient and imbalanced food intakes, leading to a higher-than-average (within southeast Asia) incidence of disease, malnutrition and infant mortality.