SlideShare a Scribd company logo
1 of 4
Download to read offline
I. Introduction
The Aquino Administration have already put up projects that benefitted by many Filipino
people. The Philippines, according to Philippine Chamber of Commerce and Industry (PCCI)
president Miguel B. Varela, has been one of the good performing economy in Asia. Only that the
challenge on how to sustain this development is one of the endeavors that the administration
should give focus to. It is expected that the president will include those economic reforms in his
priorities as he continue to struggle towards the success of the Philippine Economy in relation to
the benefit of the Filipino people.
II. Content
A. Causes of the problem
1. There is no certain economic reforms that enables the country to sustain its
robust economic performance.
2. There is lack of quality transportation infrastructure and the adaptation of
national transportation plan has not yet been implemented.
3. The reform of the Bureau of Customs to reduce smuggling has not been worked
out.
B. Impact on lives
This has a great impact on the lives of each Filipino because partly, the
government has to do something to help its people become progressive in any means or
ways. The Philippine Economy is in high rank under the Aquino Administration but it is
not felt by each one of us. Why? It is because there is a need for reform in the economy
so that the people could benefit.
C. Impact on livelihood
If there will be reforms in the economic system, many business opportunities may
come that even those who did not graduate college can avail the service
III. Graph
IV. Suggestions/Recommendations
1. The president should be aware of the issues pertaining to the economy.
2. The struggle to sound economy is not just the most and will meet absolutely
3. Patronizing the Filipino goods and not abusing the privileges we enjoy from the
government.
4. The decision to be made pertaining to business and economy by the government should
be objective so that the outcome of the decision could, if not solve, lessen the problems in
the society.
CRITICAL ANALYSIS on
ISSUES or PROBLEMS in
ECONOMICS
Balasabas, Goddyrine Goldie G. BEED 3A
Student
Miss Lucy Tingas
Asst. Prof. 1, Eco.Tar.

More Related Content

Similar to Philippine Economic Reforms Needed to Sustain Growth

TESDA Financing Options Prof. B. Diokno
TESDA Financing Options Prof. B. DioknoTESDA Financing Options Prof. B. Diokno
TESDA Financing Options Prof. B. DioknoYolynne Medina
 
[Paper] Human resource development through vocational education for thailand 4.0
[Paper] Human resource development through vocational education for thailand 4.0[Paper] Human resource development through vocational education for thailand 4.0
[Paper] Human resource development through vocational education for thailand 4.0Klangpanya
 
Economic development in the contemporary china
Economic development in the contemporary chinaEconomic development in the contemporary china
Economic development in the contemporary chinaRoddy Sunguro
 
Pnpm tackle inequality problem in indonesian development budiarjo
Pnpm tackle inequality problem in indonesian development  budiarjo Pnpm tackle inequality problem in indonesian development  budiarjo
Pnpm tackle inequality problem in indonesian development budiarjo Researcher Syndicate68
 
Bb0029 –economic reforms process in india
Bb0029 –economic reforms process in indiaBb0029 –economic reforms process in india
Bb0029 –economic reforms process in indiasmumbahelp
 
YFG - Priorities for Young Ireland
YFG - Priorities for Young IrelandYFG - Priorities for Young Ireland
YFG - Priorities for Young IrelandYFG
 
Speech on inclusive economic growth by Calixto Chikiamco
Speech on inclusive economic growth  by Calixto ChikiamcoSpeech on inclusive economic growth  by Calixto Chikiamco
Speech on inclusive economic growth by Calixto ChikiamcoFEF Philippines
 
Topic 10 economic development policy
Topic 10 economic development policyTopic 10 economic development policy
Topic 10 economic development policyChe Amm
 
Bba503 economic planning and policies
Bba503   economic planning and policiesBba503   economic planning and policies
Bba503 economic planning and policiessmumbahelp
 
Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...
Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...
Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...South Asia Fast Track
 
Shahzad Akber.docx
Shahzad Akber.docxShahzad Akber.docx
Shahzad Akber.docxnadimshedai
 
Swot Analysis of indian economy
Swot Analysis of indian economySwot Analysis of indian economy
Swot Analysis of indian economyAkanksha Gupta
 
Please quickly Im taking the exam now.- What are the four reason.pdf
Please quickly Im taking the exam now.- What are the four reason.pdfPlease quickly Im taking the exam now.- What are the four reason.pdf
Please quickly Im taking the exam now.- What are the four reason.pdfajayinfomatics
 
Economic development challenges
Economic development challengesEconomic development challenges
Economic development challengesAdesanmiBamidele1
 
CH 2 MALAYSIAN ECONOMIC
CH 2 MALAYSIAN ECONOMICCH 2 MALAYSIAN ECONOMIC
CH 2 MALAYSIAN ECONOMICShadina Shah
 

Similar to Philippine Economic Reforms Needed to Sustain Growth (20)

Essay on Economy.pdf
Essay on Economy.pdfEssay on Economy.pdf
Essay on Economy.pdf
 
Korean Miracle Finish
Korean Miracle FinishKorean Miracle Finish
Korean Miracle Finish
 
TESDA Financing Options Prof. B. Diokno
TESDA Financing Options Prof. B. DioknoTESDA Financing Options Prof. B. Diokno
TESDA Financing Options Prof. B. Diokno
 
[Paper] Human resource development through vocational education for thailand 4.0
[Paper] Human resource development through vocational education for thailand 4.0[Paper] Human resource development through vocational education for thailand 4.0
[Paper] Human resource development through vocational education for thailand 4.0
 
Economic development in the contemporary china
Economic development in the contemporary chinaEconomic development in the contemporary china
Economic development in the contemporary china
 
Pnpm tackle inequality problem in indonesian development budiarjo
Pnpm tackle inequality problem in indonesian development  budiarjo Pnpm tackle inequality problem in indonesian development  budiarjo
Pnpm tackle inequality problem in indonesian development budiarjo
 
Bb0029 –economic reforms process in india
Bb0029 –economic reforms process in indiaBb0029 –economic reforms process in india
Bb0029 –economic reforms process in india
 
YFG - Priorities for Young Ireland
YFG - Priorities for Young IrelandYFG - Priorities for Young Ireland
YFG - Priorities for Young Ireland
 
Speech on inclusive economic growth by Calixto Chikiamco
Speech on inclusive economic growth  by Calixto ChikiamcoSpeech on inclusive economic growth  by Calixto Chikiamco
Speech on inclusive economic growth by Calixto Chikiamco
 
Topic 10 economic development policy
Topic 10 economic development policyTopic 10 economic development policy
Topic 10 economic development policy
 
Bba503 economic planning and policies
Bba503   economic planning and policiesBba503   economic planning and policies
Bba503 economic planning and policies
 
Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...
Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...
Sourajit Aiyer - GSCGI WealthGram, Switzerland - Can the indian elephant move...
 
Jobs crisis & shaping an inclusive growth
Jobs crisis & shaping an inclusive growthJobs crisis & shaping an inclusive growth
Jobs crisis & shaping an inclusive growth
 
pptx_20230430_180209_0000.pptx
pptx_20230430_180209_0000.pptxpptx_20230430_180209_0000.pptx
pptx_20230430_180209_0000.pptx
 
Shahzad Akber.docx
Shahzad Akber.docxShahzad Akber.docx
Shahzad Akber.docx
 
MDGs National Report 2010 Philippines Page.1-29
MDGs National Report 2010 Philippines Page.1-29MDGs National Report 2010 Philippines Page.1-29
MDGs National Report 2010 Philippines Page.1-29
 
Swot Analysis of indian economy
Swot Analysis of indian economySwot Analysis of indian economy
Swot Analysis of indian economy
 
Please quickly Im taking the exam now.- What are the four reason.pdf
Please quickly Im taking the exam now.- What are the four reason.pdfPlease quickly Im taking the exam now.- What are the four reason.pdf
Please quickly Im taking the exam now.- What are the four reason.pdf
 
Economic development challenges
Economic development challengesEconomic development challenges
Economic development challenges
 
CH 2 MALAYSIAN ECONOMIC
CH 2 MALAYSIAN ECONOMICCH 2 MALAYSIAN ECONOMIC
CH 2 MALAYSIAN ECONOMIC
 

Recently uploaded

Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...HostedbyConfluent
 
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphNeo4j
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticscarlostorres15106
 
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your BudgetHyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your BudgetEnjoy Anytime
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsEnterprise Knowledge
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?XfilesPro
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 
Next-generation AAM aircraft unveiled by Supernal, S-A2
Next-generation AAM aircraft unveiled by Supernal, S-A2Next-generation AAM aircraft unveiled by Supernal, S-A2
Next-generation AAM aircraft unveiled by Supernal, S-A2Hyundai Motor Group
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhisoniya singh
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 3652toLead Limited
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):comworks
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountPuma Security, LLC
 

Recently uploaded (20)

Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
 
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
 
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your BudgetHyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
Hyderabad Call Girls Khairatabad ✨ 7001305949 ✨ Cheap Price Your Budget
 
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptxE-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
E-Vehicle_Hacking_by_Parul Sharma_null_owasp.pptx
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?
 
The transition to renewables in India.pdf
The transition to renewables in India.pdfThe transition to renewables in India.pdf
The transition to renewables in India.pdf
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 
Next-generation AAM aircraft unveiled by Supernal, S-A2
Next-generation AAM aircraft unveiled by Supernal, S-A2Next-generation AAM aircraft unveiled by Supernal, S-A2
Next-generation AAM aircraft unveiled by Supernal, S-A2
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 

Philippine Economic Reforms Needed to Sustain Growth

  • 1. I. Introduction The Aquino Administration have already put up projects that benefitted by many Filipino people. The Philippines, according to Philippine Chamber of Commerce and Industry (PCCI) president Miguel B. Varela, has been one of the good performing economy in Asia. Only that the challenge on how to sustain this development is one of the endeavors that the administration should give focus to. It is expected that the president will include those economic reforms in his priorities as he continue to struggle towards the success of the Philippine Economy in relation to the benefit of the Filipino people. II. Content A. Causes of the problem 1. There is no certain economic reforms that enables the country to sustain its robust economic performance. 2. There is lack of quality transportation infrastructure and the adaptation of national transportation plan has not yet been implemented. 3. The reform of the Bureau of Customs to reduce smuggling has not been worked out. B. Impact on lives This has a great impact on the lives of each Filipino because partly, the government has to do something to help its people become progressive in any means or
  • 2. ways. The Philippine Economy is in high rank under the Aquino Administration but it is not felt by each one of us. Why? It is because there is a need for reform in the economy so that the people could benefit. C. Impact on livelihood If there will be reforms in the economic system, many business opportunities may come that even those who did not graduate college can avail the service III. Graph
  • 3. IV. Suggestions/Recommendations 1. The president should be aware of the issues pertaining to the economy. 2. The struggle to sound economy is not just the most and will meet absolutely 3. Patronizing the Filipino goods and not abusing the privileges we enjoy from the government. 4. The decision to be made pertaining to business and economy by the government should be objective so that the outcome of the decision could, if not solve, lessen the problems in the society.
  • 4. CRITICAL ANALYSIS on ISSUES or PROBLEMS in ECONOMICS Balasabas, Goddyrine Goldie G. BEED 3A Student Miss Lucy Tingas Asst. Prof. 1, Eco.Tar.