Economy of the Philippines

Also, language of each ethnicity has also their own writing scripts, which are no longer used and set of alphabets. In relation to this, a inhabitants survey carried out by German ethnograper Fedor Jagor concluded that 1/third of Luzon which holds half of the Philippines’ inhabitants had varying degrees of Spanish and Latin American ancestry.

Cardiovascular diseases account for greater than 25% of all deaths. According to official estimates, 1,965 cases of human immunodeficiency virus (HIV) had been reported in 2003, of which 636 had developed acquired immune deficiency syndrome (AIDS).

Books and articles

In a larger thrust by the Aquino administration to pump billion[clarification needed] to make use of 7.four million individuals by 2016, or about 18.eight per cent of the entire workforce, contributing eight per cent to 9 per cent to the nation’s GDP. Filipinos who go abroad to work–-generally known as Overseas Filipino Workers or OFWs—are a significant contributor to the economy but are not reflected in the below sectoral discussion of the domestic economic system. OFW remittances can also be credited for the Philippines’ recent economic growth resulting in funding standing upgrades from credit ratings companies such as the Fitch Group and Standard & Poor’s. In 1994, more than $2 billion USD price of remittance from Overseas Filipinos have been sent to the Philippines.

The First Sign: Filipino woman looks at you with interest

The Cambridge History of Southeast Asia – Volume One, Part Two – From c. CIA World Factbook, Philippines Archived July 19, 2015, on the Wayback Machine, Retrieved May 15, 2009. The Philippines has participated in the Summer Olympic Games since 1924 and was the first nation in Southeast Asia to compete and win a medal. The nation had competed in every Summer Olympic Games since then, except when they participated within the American-led boycott of the 1980 Summer Olympics. The Philippines can also be the first tropical nation to compete on the Winter Olympic Games debuting within the 1972 edition.

With the inauguration of the Suez Canal in 1867, Spain opened the Philippines for international trade. European buyers similar to British, Dutch, German, Portuguese, Russian, Italian and French have been among those who settled within the islands as enterprise increased. More Spaniards arrived during the subsequent century. Many of those European migrants intermarried with native mestizos and assimilated with the indigenous population. A January 2009 examine of language phylogenies by R.


“Sultanate of Sulu, The Unconquered Kingdom”. Archived from the original on 1 December 2008. ( ) Papua New Guinea thumbs down Philippine request for added flights. Filipinos in Hong Kong Hong Kong Bureau of Statistics.

Mexicans of European or Mestizo heritage generally known as Américanos (Americans) additionally arrived in the Philippines in the course of the Spanish colonial interval. Between 1565 and 1815, Hispanics from Mexico and Spain sailed to, and from the Philippines as authorities officials, soldiers, clergymen, settlers, merchants, sailors, and adventurers in the Manila-Acapulco Galleon, aiding Spain in its commerce between Latin America and the Philippine Islands.

Trading ships, settlers and military reinforcements made voyages once or twice per yr throughout the Pacific Ocean from the port of Acapulco in Mexico to Manila in the Philippines. Both cities had been part of the then Province of New Spain. The financial historical past of the Philippine Islands had been traced again to the pre-colonial times.

During this period the country’s economic performance remained modest, with a 3.6% % GDP growth price. However, the political stability and economic enhancements, such because the peace agreement with the Moro National Liberation Front in 1996, have been overshadowed by the onset of the 1997 Asian monetary disaster. On his Presidency the dying penalty was revived within the mild of the Rape-slay case of Eileen Sarmienta and Allan Gomez in 1993 and the primary individual to be executed was Leo Echegaray in 1999. Eventually, the biggest naval battle in history, in accordance with gross tonnage sunk, the Battle of Leyte Gulf, occurred when Allied forces started the liberation of the Philippines from the Japanese Empire. Allied troops defeated the Japanese in 1945.


The Philippines is an archipelago composed of about 7,641 islands with a complete land space, together with inland bodies of water, of 300,000 sq. kilometers (one hundred fifteen,831 sq mi). This makes it the 5th largest island country on the earth. The 36,289 kilometers (22,549 mi) of shoreline makes it the nation with the fifth longest shoreline in the world.

Spanish East Indies (1815–

D. Gray on the University of California, Los Angeles revealed in the journal Science, means that the population enlargement of Austronesian peoples was triggered by rising sea ranges of the Sunda shelf on the finish of the final ice age. This was a two-pronged enlargement, which moved north through the Philippines and into Taiwan, while a second expansion prong unfold east along the New Guinea coast and into Oceania and Polynesia.

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