TRANSPARENCY & INCLUSIVENESS IN GLOBALIZATION

Globalization has offered such a controversial impact to many people; some see it as a major factor that
will help global development while the remaining regard it with dread; pointing out that it increases
variation between nations.

Philippines is one of the countries in Asia where the country has been effected by globalization. The
country is taking part in the process of globalization ever since the country signed agreements with WTO
(World Trade Organization) in 1995. (quora.com) Since then, the nation had hope for WTO to bring
developments within the nation’s poor economy and also to have a role within the global economy and
trade. Now, globalization is very effective in the Philippines, it has allowed major changes in the nation
like more labor, and more Filipino and foreign companies has emerged in the nation in order to help the
country’s developing economy. Generally, the Philippines is one of the developing countries that is
rapidly dealing with globalization ever since.

The Philippines is a country of ups and downs of devastating poverty, hunger and suffering. The
economy is basically agricultural, with rice, corn, and kamote (sweet potatoes) the staple food crops.
Key cash crops include coconuts, fruits and vegetables, sugar, and tobacco. The Philippines is rich in
natural resources, the export of fruits and vegetables, especially pineapple products and bananas, plays
a key economic role every year.

There are several minerals that the Philippines produces. Mining will continue to be important in the
future. Globalization, whether individuals favor it or not, is taking place at a rapid pace, integrating more
and more of the nation’s and world economy.

There are many things that globalization brought quick changes into the Philippine society. With its vast
development it has brought about technologies mostly computers and software and also telecom
companies are being introduced into the market. Thanks to globalization, such technologies were
influenced and it has also opened its economy to foreign trade and investment.

Furthermore, globalization has allowed Filipino workers to travel the world, but most head for major
countries due to better economies and better money. Filipinos working overseas are being televised on
the news up until today. Those Filipinos working overseas send money back to their families or relatives
in the Philippines. (rappler.com)

In contrast, questions such as “Can the PH handle globalization” tend to arise from the Filipino society.
Many Filipinos believe that globalization has done nothing for their country. And this is due to
the poverty that has been becoming worse each year. The Philippines is still corrupt and still faces
economic and political problems, therefore, the nation and its people do not trust the process of
globalization.

Some Filipinos believe that globalization has brought about problems and conflict rather than changes.
The people of the Philippines mostly rely on its leaders because it’s the leaders whom the society
believes and the people know that the leaders are the ones who will make the economy better,
globalization has to take place within the country in order to make such changes happen.

There are millions of people living in the whole of Philippines and most of the population lives in
poverty. Therefore, the Philippines is corrupt because they cannot solve nor reduce the poverty rate..
In the past century, farmers began planting cash crops, including vegetables, coffee and beans.
Increasingly, the people are moving to towns and cities because the government are taking over their
lands and allowing companies to build their industrial plants there due to the major threats that the
indigenous people face. The farmers in the Philippines are suffering and this is because their
competitiveness in selling crops to the market is being eroded by foreign imports.

Overall, the Philippines is a developing country that is bound to develop due to globalization.
Globalization will make its impact in the Philippines because the whole society relies on westernization
due to globalization. Globalization can make the Philippines into a better nation if the Philippine leaders
make their economy more advanced through global trading and allowing more foreign investors to the
help boost the economy. And by this, the Philippines should be able to reduce poverty and increase
labor force.

SOURCES: quora.com / hubpages.com / rappler.com