Globalization

    On a small scale, Filipinos are very interdependent within their families. Filipino families rely heavily on each other, which is very different from the Western notion of individual independence. In this example of interdependence, families must work and share together to survive, especially among the poorer demographics in this country. Interdependence is also important within the economic culture of the Philippines. Due to the Philippine's geography and conditions, they need many imports from other countries, such as grains or energy. This forces Filipinos to be economically interdependent. The Philippines are still lagging behind other neighboring Southeastern Asian countries, and part of this is said to be from their lack of economic interdependence. The Philippines are also very interdependent on their neighboring Asian countries. Technology is a large part of the Filipino economy, and much of this technology was introduced through neighboring countries.
    After their economic boom in the 1960s, the Philippines has rapidly fallen behind in keeping up with other nearby Asian countries. Globalization has aided in the growing numbers of Filipino workers overseas (about 10%), however this has also taken away from the native Filipino culture and demoted entrepreneurship.Globalization is looked down upon in the Philippines as many Filipinos believe it has increased poverty. Globalization will have more positive effects on the Philippines if Filipino leaders are able to allow for increased global trade by allowing more foreign investors into the Philippines.  

Citation:

Globilization in the philippines. (2010, November 10). Retrieved from http://villanueva21.hubpages.com/hub/Globalization-in-the-Philippines