The-Global-Filipino.pdf

THE CONTEMPORARY
WORLD
BSEd, BEEd, BPEd

The
Contemporary
World
Global Filipino: Global Citizen
One of the proper ways to be a proper Global Filipino is
accepting the works of Globalization, our world is constantly
improving and innovation is always present, we must be
versatile and ready for the changes that the world constantly
make, this is way we are able to contribute to our society in
a proper way.
As a Filipino we must be constantly learning as we go on
our lives, we must see the adversaries that we as a nation
experience and how it will affect the lives of each citizen, as
a global Filipino we have the responsibility of sharing our
knowledge and experiences to lift the lives of our fellow
Filipino citizens.

The
Contemporary
World
Global Filipino: Global Citizen
As a Global Filipino we must be eager to expound our
views and be open to new and helpful advances of our
world.
For example is the use of biotechnology in our
agriculture, while this is one of the most highly
contested views, its’ importance in the implementation
of genetically modified organisms (GMOs) is quite
ground-breaking and helpful.

The
Contemporary
World
Global Filipino and Social Media
One aspect we can explore deeper on, as Filipinos is our
relationship with social media.
In this digital era we tend to rely on social media
applications as a way to connect with other people and
make a grasp of tour realities and what is happening within
the society.
The news and information that revolves around the internet
becomes the building block of our truth and ultimately
our view of the world surrounding us.
We have come to a point where gadgets, technology, and
the internet world as a whole, has become a necessity for
everyday survival.

The
Contemporary
World
Cont...
Given this, we have seen how our dependence and total
reliance on the social media as a form of news
agency has given way to negative effects such as
misinformation, disinformation and even propaganda.
Let us look at the easy access to the digital world as a
privilege and not a right, that being a privilege, utilizing it
must come with responsibility.

The
Contemporary
World
Filipinos’ tight relationship with being trendy and socially
active leads to an inclination of blindly believing whatever is
on the internet.
Just because technology and social media has aided as on
every aspect of our lives and made most of it easier to deal
with, we should not fully trust everything that we read, see,
or hear from it.
Most of us fail to realize how we should be critical of what
we absorb from social media.

The
Contemporary
World
Global Filipino and Global Migration
Global migration does great things to our nation, the
quality of life of our citizens’ improve as a result of
migration.
People's social lives are improved when they learn about
each other’s cultures, customs, and languages, which
promotes intercultural exchange and improve important
skills that can prove to be beneficial in looking for jobs.
The migration of talented employees boosts the nation’s
economy. Migration increases the working-age
population, brings skills, and contributes to the
development of human capital in recipient nations.

The
Contemporary
World
Global Filipino and Global Migration
Cont...
Different immigrants contribute to the technical
advancement of our nation as well as they interact and
exchange important social-skills that is integral in
conducting interactions with foreign investors.
Immigrants, in reality, contribute to the growth of the
economy by filling labor shortages, purchasing commodities,
and paying taxes.

The
Contemporary
World
Global Filipino and Capitalism
For growing economies such as in the Philippines,
global capitalism can be a modern driver that
accelerates the progress a country makes in terms of
the production of goods and services and wealth
accumulation.
As global capitalism essentially transcends borders, the
country’s production and trade can heavily improve as
foreign investments pour in the country, increasing its
working capital and its ability to produce goods.
The Philippines, as a country rich in natural resources, can
participate by exporting valuable inputs and sourcing labor
such as the case for the BPO industry.

The
Contemporary
World
Global Filipino and Capitalism
Cont..
In substance, global capitalism is advantageous when it
promotes economic development through intensified trade,
outsourcing of production and labor, and the mobility of
capital.
It becomes a detriment, however, the moment it uplifts
exploitation and poverty proliferation. Ubiquitous in this type
of system are the exploitation of laborer's wherein they are
not given appropriate benefits and children are sometimes
forced to work. Poverty then follows as a result of such
abuse.

The
Contemporary
World
The globalization experience and its challenges for
the Philippine economy

The
Contemporary
World
❑ Globalization trends in the Philippines
The Philippine economy, like that of most other Emerging
market economies, has become increasingly integrated with
the global economy. This is evident in the general increase
in trade in goods and labor migration. There is also greater
integration in finance, although at a relatively moderate
pace.

The
Contemporary
World
Globalization trends in the Philippines
1. Trade Openness
From the 1990s to the 2000s, trade openness in the
Philippines improved from 88.1% to 101.0% of the
country’s gross domestic product (GDP).
Contributing to this increase were the country’s efforts
towards a more open trade policy starting in the 1980s.
This trade openness also reflected declining transport
costs and improved information and communications
technology that supported the development of complex
global value chains, particularly in electronics and
electrical components, allowing companies to manage
their production more efficiently (Dudley (2017)).

The
Contemporary
World
2. Financial Openness
The country’s total capital flows increased from 3.1% of
GDP in the 1990s to 3.4% of GDP in the 2000s. While
the Philippines started to liberalize the foreign exchange
(FX) regulatory system in the 1990s, capital inflows
were dampened by the Tequila (Mexican peso) financial
crisis in 1995 and the Asian financial crisis in 1997–98
(Tetangco (2005)).
In the 2010s, total capital flows rose to 4.6% of GDP.
This could be attributed in part to the nine waves of FX
liberalization reforms undertaken by the BSP starting in
2007.

The
Contemporary
World
3. Migration
The Philippines has been open to labor mobility since
the 1970s, and this has provided the country with
decades of experience as a source of international
migrants.
International migration from the Philippines increased
further as data from the United Nations indicate that the
ratio of Filipino migrants to the country’s total population
went up from 3.5% in 1995 to 5.4% in 2017,5 and the
ratio of the stock of overseas Filipinos to the country’s
total population increased from 9.4% in 1997 to 10.4%
in 2013

The
Contemporary
World
3. Migration
The primary reason for Filipinos’ continued emigration
has been to seek employment overseas.
While the Philippine economy has been steadily
improving in recent years, with unemployment rate
declining from 7.5% in 2009 to 5.0% in 2017, the
country’s unemployment situation is still commonly cited
as one of the main reasons why Filipinos continue to
search for work abroad.
Employment opportunities in other countries, regardless
of the type of job, are perceived to offer higher
salaries/compensation, and better income and lifestyle
packages (e.g. health benefits, insurance)

The
Contemporary
World
❑ Macroeconomic and distributional impacts of
globalization in the Philippines
1. Economic Growth and Employment
Evidence suggests that globalization has a positive
effect on the country’s economic growth and
employment. In particular, trade openness and foreign
portfolio flows have contributed to higher per capita
GDP growth in the Philippines, following the
implementation of FX liberalization reforms.
A significant increase in OFW remittances has raised
consumption, investment, labor productivity and
economic growth. These OFW remittances have also
supported the Philippine economy during normal times
and crisis situations in the past, and this is expected to
continue in the future (Ang et al (2009)).

The
Contemporary
World
2. Inflation
In addition to the country’s credible and efficient
implementation of inflation targeting (Guinigundo
(2017)), globalization is also considered as one of the
factors for the observed decline in the sensitivity of
inflation in the Philippines to changes in real economic
activity or the flattening of the Phillips curve.
On the one hand, a flatter Phillips curve implies that
demand shocks and policy errors will not translate into
large inflation movements.

The
Contemporary
World
3. Poverty Alleviation and Income Inequality
Preliminary estimates show that an increase in trade
openness contributes to reduction in income inequality
in the Philippines.
According to Bourguignon (2004), both growth and
inequality changes play a major role in generating
changes in poverty.
While globalization has no direct impact on poverty,
globalization can affect poverty indirectly through its
impact on economic growth and income inequality.

The
Contemporary
World
❑ Challenges of Increasing Globalization
While globalization has reportedly strengthened the global
economy and improved welfare in general, the literature
indicates that the distribution of its benefits in many
countries has been uneven and some acknowledge its
potential role in fueling the rising trend towards income
inequality.
The country faces challenges from uncertain global factors
exacerbated by the possible revival of protectionism. These
events could lead to greater volatility and risk-averse
attitudes among the country’s trade and investment
partners.

The
Contemporary
World
1. Firms, Labor market and distribution of gains for
growth
Industries that are less able to compete and workers
whose skills have become less relevant may be
adversely affected and will have difficulty in adjusting
due to globalization.
According to Sibal (2005), firms that were among the
losers in the globalization process in the Philippines
were mostly in the small and medium categories in
agriculture (eg producers of vegetables, palay, corn and
poultry), sunset industries and labor-intensive firms (eg
garments and apparel).
These firms need to upgrade their technologies and
improve production efficiency and productivity to be
able to compete.

The
Contemporary
World
1. Firms, Labor market and distribution of gains for
growth
Cont...
On the other hand, emigration can be a catalyst for
improvement in the quality of the labor force in the short
term as it can push individuals to improve their skills so
that they can eventually emigrate. This could also lead
eventually to “brain gain,” where OF workers bring the
knowledge they learned abroad back to their home
country.

The
Contemporary
World
2. Greater exposure to external shocks and policies
Another challenge posed by globalization is greater
economic exposure to destabilizing external forces due
to greater financial openness.
Unless sufficient safeguards are in place, financial
openness accompanied by poor regulation can threaten
financial stability (BIS (2017c)).
Due to the Philippines’ high degree of trade integration
and significant role in international migration, the
country is likely to be affected by external noise mainly
through OF remittances, offshoring/outsourcing, and
trade channels.

The
Contemporary
World
❑ Policy responses to the challenges
More inclusive policies will help cushion the negative
consequences of globalization and facilitate the adjustment
in narrowing the gap between the winners and losers.
Workers need some retooling to help them find new well-
paying jobs and for producers to be more productive and
internationally competitive.
For the Philippines, the National Government could work
with the private sector and civil society groups on local
initiatives that provide technology and skills to
disadvantaged groups such as in barangays within and
outside the cities (Roldan (2010)).

The
Contemporary
World
❑ Policy responses to the challenges
Cont..
In the case of Filipino migrants, there is a need to protect
their rights and well-being as well as to facilitate their
participation in the country’s development, particularly
during reintegration.
Like other central banks, the BSP needs to better
understand the implications of globalization on the
performance of the economy, inflation and financial stability.

The
Contemporary
World ❑ Policy responses to the challenges
The BSP’s contribution
1. Promote low and stable inflation
For its part, the BSP has helped to maintain
stable and low inflation, which supports
domestic economic stability, encouraging
investments and business expansion, which, in
turn, fuels employment growth.
2. Promote Financial Inclusion
Ex: in 2008, the BSP developed the Credit
Surety Fund Program (CSF), which has helped
micro, small and medium-sized enterprises
(MSMEs) grow their business.
The BSP has also promoted the offering of
microfinance loans, micro agricultural loans,
microfinance housing loans, micro-deposits and
micro-insurance.

The
Contemporary
World ❑ Policy responses to the challenges
The BSP’s contribution
3. Cooperate in global efforts to further strengthen
rules-based international transactions.
Ex: trade facilitation agreements, level playing
field in trade and tax
The BSP has raised the issue with the Alliance
for Financial Inclusion, the Global Partnership
for Financial Inclusion (GPFI) of the G20, the
Financial Stability Board, the World Bank and
the United States Treasury.

The
Contemporary
World Facts and Figures
Since 1970s, the Philippines - a country of about 7,000
islands peopled by diverse ethno-linguistic groups has
supplied all kinds of skilled and low- skilled workers to the
world's more developed regions.
As of December 2004, an estimated 8.1 million Filipinos
nearly 10 percent of the country's 85 million people were
working and/or residing in close to 200 countries and
territories.
The foreign population in the Philippines consists of people
of Chinese origin (some 80 percent of overseas Chinese are
in Southeast Asia) and some people of Indian origin who
came to settle in the country years ago

The
Contemporary
World
Facts and Figures
In the last 30 years, a "culture of migration" has emerged,
with millions of Filipinos eager to work abroad, despite the
risks and vulnerabilities they are likely to face

The
Contemporary
World
Determinants of Filipino Migrations
Economic - disparities in per capita income; limited growth
for career advancements; inconsistent economic growth
which hampers employment generation
Demography - high population growth compared to
neighboring countries
Political - long running political unrest in the country
especially in the South
Environment - frequency of storms and the weak disaster
preparedness schemes

The
Contemporary
World
• The number of Overseas Filipinos Workers (OFWs) in 2020 was estimated at 1.77 million, which
was lower than the 2.18 million reported in 2019.
• The number of Overseas Contract Workers (OCWs) decreased to 1.71 million in 2020 from 2.11
million in 2019.
• Total remittance sent in 2020 reached 134.77 billion pesos, which was lower than the 210.40
billion pesos reported in 2019.
• On average, about 86.81 thousand pesos remittance per OFW was sent in 2020, an amount
that is much lower than the 106.62 thousand pesos average remittance sent per OFW in 2019.

The
Contemporary
World Workers’ Protection Order
The Migrant Women - face particular vulnerabilities. Aside
from the usual problems that plague migrants, their jobs in
domestic work and entertainment usually mean long
working hours, surveillance and control by employers, and
abusive conditions, including violence and sexual
harassment. Given the "private" context in which they work,
the problems encountered by migrant women in these
sectors go unnoticed. (Asis, 2006)
In general, compared to other national groups, Filipino
workers are relatively better protected because they are
more educated, more likely to speak English, and they are
better organized. NGOS for migrants in the Philippines and
their networks abroad not only provide services and support
to migrants, but, more importantly, they advocate for
migrants' rights.

The
Contemporary
World Workers’ Protection Order
RA 8042: The Migrant Workers and Overseas Filipinos
Act - first among the countries of origin in Asia to craft a law
that aims "to establish a higher standard of protection and
promotion of the welfare of migrant workers, their families
and overseas Filipinos in distress.
Anti-Trafficking in Persons Act of 2003, which establishes
policies and institutional mechanisms to provide support to
trafficked persons
Overseas Absentee Voting Act of 2003, which gives
qualified overseas Filipinos the right to vote in national
elections
The Citizenship Retention and Reacquisition Act of
2003, which allows for dual citizenship

The
Contemporary
World
Filipinos Reaching Greater Heights Here and Abroad

The
Contemporary
World
Filipinos have made a remarkable presence on a global
scale. The Philippine Overseas Employment Administration
reported that as of December 2013, the total population of
Filipinos who worked and resided in other parts of the globe
has reached whopping 10,238,614.
Truly, We are conquering the planet in terms of presence-
but not just that, we are also taking the world stage when it
comes to talent and skills.
Despite all the bad news about the Philippines that reached
other parts of the world, we are still able to attract the
international spotlight with our amazing prowess in various
fields.

The
Contemporary
World
When talking about internationally acclaimed Filipinos, the
first names that pop in our heads are Manny Pacquiao and
Lea Salonga. However, there are more modern-day Filipinos
who have already carved their names in the international
scene.

The
Contemporary
World 3 Lessons from Globally Acclaimed Pinoys
1. Aim High and Work Hard
One of the most important ingredients in achieving
success is dreaming high and working hard. A
world-class Filipino knows that his caliber is not
limited to the boundaries of the place he lives in. He
understands that standing out in a very competitive
field would be impossible if he slacks.
2. Humility is a Must
A world-class Filipino keeps his feet firm on the
ground. He gratefully looks back to his roots in
every great thing he achieves-as it molded him to
become the person he is today. Even at his high
status, he still allots more room for his own growth
because he knows there's so much more to learn.

The
Contemporary
World
Arnel Pineda
• Singer and Songwriter
• Born in Tondo, Manila
• Set as the lead singer of American rock band Journey in
2007
• Referred to as Filipino Pride

The
Contemporary
World
Charice Pempengco
• Raised in Cabuyao, Laguna
• Received 35 awards and recognitions in the country and
abroad
• 1st international album in 2010 has made 8th rank of
Billboard 200 albums chart

The
Contemporary
World
Apl.de.ap (Allan Pineda Lindo)
• Grew in Angeles City, Pampanga
• Together with black EyedPeas sold millions of albums
and create chart-topping songs

The
Contemporary
World
Enrique Iglesias
• Son of Isabel Preysler a Filipina magazine journalist
• “King of Latin Pop”
• Best selling Latin artist in UK and international artist in
India
• 150 million record sold worldwide, 150 top hits in all
billboard charts

The
Contemporary
World
Jessica Sanchez
• Daughter of a Filipina from Samal, Bataan
• Filipino-Mexican singer and songwriter
• Runner-up during the 11th season of the American Idol

The
Contemporary
World
Brillante Mendoza
• Internationally acclaimed filmmaker from San Fernando,
Pampanga
• Best Director – “Kinatay” at the 62nd Cannes Film
Festival
• “Lola” – Best Film at the 6th Dubai International Film Fest.

The
Contemporary
World
Michael Cinco
• Filipino Dubai-Based fashion Designer.
• Earned the title “Asian Couturier Extraordinaire”.

The
Contemporary
World
Michael Christian Martinez
• World-class Filipino figure skater
• Championed the 2015 Asian Figure Skating Trophy

The
Contemporary
World
Nonito Donaire
• Filipino-American professional boxer
• Known as “The Filipino Flash”

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