The Philippines: Gov. and Economics

By: Bennett Spahr

Government

  • Government Type: Republic
  • Leaders: President Benigno Aquino and Vice President Jejomar Binay
  • Three branches of government: Executive, Legislative, and Judicial

Economy

  • Economy Type: Free Market
  • Level of Development: Tertiary
  • GDP & Per Capita: $289.7 billion and $7,000
  • Currency: Philippine peso
  • Population below poverty line: 26.5%
  • Imports: $72.93 billion, common imports are

    electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, and plastic

  • Exports: $53.36 billion, common exports are

    semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits

The Philippines is certainly not a dictatorship, which is good. The economy is certainly better off than many other countries in the world, but it is still improving. The main problem one can see with the economic stats is the poverty rate. They need to fix that poverty problem quickly, as that does not look good, no matter what.

Entertainment

Manny Pacquiao

Born on December 17, 1978, Manny Pacquiao is a professional boxer from the Philippines. He has also played basketball, done acting, and was once a singer. He is also in politics in the Philippines.
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Allegorical Harpoon by Napoleon Abueva

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Dimension of Fear by Jose Joya

Conclusion on the Philippines

I really like the Philippines after doing extensive research on them. All of their cultural heritages creates a very diverse and robust culture that oozes diversity and creativity. Although they have a long way to go until they become a world superpower, I feel like they will do just fine for now. The Philippines is a wonderful place, and I'd recommend going there over Cuba.

Works Cited

Central Intelligence Agency. Central Intelligence Agency, n.d. Web. 06 May 2015.

"Coconut, Vinegar, and a Whole Lotta Pork: An Introduction to Filipino Cuisine." Coconut, Vinegar, and a Whole Lotta Pork: An Introduction to Filipino Cuisine. N.p., n.d. Web. 06 May 2015.

"PHILIPPINE ARTS AND CULTURE." PHILIPPINE ARTS AND CULTURE. N.p., n.d. Web. 06 May 2015.


"Philippines." Wikipedia. Wikimedia Foundation, n.d. Web. 06 May 2015.