Economic Development in the Philippines

At present, former President Gloria Macapagal Arroyo is leaving her position, this time, it will be another chapter. Today it is President Benigno "Noynoy" Aquino who is the 15th President of the Republic of the Philippines that takes over the economic development of this nation... Although there are many issues to be tackle when we are dealing with economic development.

This development is based on the aspects where they belong to our country.

The economic aspect there is based on the purchasing power of people while social aspects is based on life expectancy at birth and adult literacy which is known as educational attainment.

The question still exist in the nation's community development.The way we see it, why do most Filipinos choose to leave their homeland and live and work elsewhere?

Based on my findings and observations including opinions here is what I discover.

First, I found out that when they apply jobs after their graduation, it was resulted to lack of good-paying jobs because there are more job opportunities abroad and the standard of living is better in most countries than in the Philippines. Most of all, the salary is much higher in other countries which is true in terms of actual job.

Second, the fulfillment of the dreams because most Filipino people choose to leave their homeland and live and work elsewhere because they want to fulfill a childhood dream.

Third, there is a feeling of desperation because the Philippines compare to well-developed countries is backward in many ways and seems hopeless in getting away from a culture of corruption that most Filipinos want to leave the land of their birth to work and live in other countries where they could find peace and prosperity.

Before I end this article, the recommendation for this issue is the Filipinos will develop as long as there is no corruption in the society because it affects the future of Filipino people.

Corruption must be eliminate at all cost and we don't need to borrow money from other countries in order to avoid foreign debts to other countries.

I hope the present Aquino administration in year 2010 will fulfill his dreams to the Filipino people in order to improve the economic development.
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Economic Development in Singapore

Singapore's history is one of riches and romance spice trading and piracy, colonialism and growth. In the 7th century, she was the Temasek, the trading center of Sumatra's ancient Srivijaya empire.

In 1963, Singapore was part of a political and economic alliance formed between the Federation of Malaya, Sarawak and North Borneo which is now Sabah under the nation of Malaysia. This alliance, proposed by the Malayan Prime Minister Tunku Abdul Rahman, was called Malaysia, and proved to be short-lived.

In 1965, Singapore separated from the Malaysian Federation to become an independent republic. Over 45 years, Singapore has relentlessly pursued the goal of becoming Asia's Pre-eminent center for tourism, trade and finance, by developing education and technical training programs, investment strategies, aviation and environmental policies.

Now the small island republic of only 633 square kilometers, boasts the world's busiest port and an airport served by over 70 of the world's major airlines, serving more than 21 million airline passengers year. This diamond-shaped island is only 224 square miles with the population of 6 million.

As a major tourist destination, Singapore welcomes an average of 12,000 visitors each day.

Singapore has a highly developed market-based economy that depends heavily on exports and refining imported goods, especially in manufacturing, electronics, petroleum refining, mechanical engineering and biomedical science sectors which could in the website in Wikipedia.

This nation is a good example of model urban planning and a former colony of Great Britain, it is a tiny city state. It is a member of Association of Southeast Asian Nation or known as ASEAN. Singapore is a major international hub in whole Asia, it is positioned on many sea and air trade routes.

Slum areas were eliminated and the urban planners have been knowledgeable about the planning experiences in other parts of the world especially in Western Cities.

It is hoped that major cities in the Philippines such as Manila, Cebu, and Davao can learn a lesson from Singapore.
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Economic Development in Israel

Israel's economy has grown rapidly at an average rate of about ten percent annually, in spite of poor natural resources.

The modern economic growth of Israel is not a mirage in the desert. It is real and it is a product of great determination and untold sacrifices of its people in building their own nation.

This nation is now a modern, democratic, and industrial state. It is basically an urban society. This means that the phenomenal economic success of Israel has been achieved despite thousands of years of persecutions and invasions by the Assyrians, Babylonians, Romans, and Germans.

In manufacturing sector, The Tel-Aviv-Yafo area is Israel's major manufacturing center. It has over half of Israel's factories. They had to import large amounts of equipment and raw materials. As a result, the nations imports greatly exceed exports in value. Income from various sources makes up the difference. These source include grants and loans from other countries, and income from tourists.They have also chemicals, clothing and textiles, finished diamonds, machinery, metals, processed foods, transportation equipment, wood products.

In agricultural sector, Israeli farmers produce about three-fourths of their country's food. Exported foods cover the cost of importing the rest. The chief farm products include oranges and other citrus fruits, and eggs, milk, and poultry. Other important products are cotton, livestock, sugar beets, vegetables, and wheat.

The Israelites traveled in the desert for 40 years. Moses became the Prince of Egypt although he discovered that he was an Israelite.

At present, the Promise Land or Land of Israel is a great nation. God has indeed fulfilled his promise to Abraham, and later on to the children of Israel. The enemies of the Land of Israel have destroyed many time its people and achievements.

I myself as the author of this article before it will be my book later on.
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Economics for South African Students Price

For the economy to make progress (stabilize) there are certain things that must be done. There are several things that can be done. You can even get books that will help you familiarize yourself with those things. Read on to get the Economics for South African students price.

A number of books have been written to help stabilize the economy. This one is among the many books that are sold out there. If you want to get more information then go through the following article.

The Economics for South African students price is about R353.35. This book has a high customer rate which shows that it is really helpful. Its authors are Philip Mohr and Louis Fourie. The third edition is made for business and economics. Its price is about R135.00. The fourth edition is made for business and economics. It is classified under economics and management sciences. It has an introduction of economics, the bases and a close look at the economics dilemma.

It will take you through the problems and the solutions that you can apply. It will simply talk about the economy; the business and monetary section. This book is usually used in universities by economics and business students. You can carry this book around since it has 534 pages and weighs 1095g. It has a width of one hundred and ninety mm and a length of two hundred and sixty mm.

Since the Economics for South African students price is low, just about anyone can get it. If you want more data about this item or want to see the item, you can go to Shopbot.co.za. You can also go there to view other similar products.
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Economics for South African Students Price

For the economy to make progress (stabilize) there are certain things that must be done. There are several things that can be done. You can even get books that will help you familiarize yourself with those things. Read on to get the Economics for South African students price.

A number of books have been written to help stabilize the economy. This one is among the many books that are sold out there. If you want to get more information then go through the following article.

The Economics for South African students price is about R353.35. This book has a high customer rate which shows that it is really helpful. Its authors are Philip Mohr and Louis Fourie. The third edition is made for business and economics. Its price is about R135.00. The fourth edition is made for business and economics. It is classified under economics and management sciences. It has an introduction of economics, the bases and a close look at the economics dilemma.

It will take you through the problems and the solutions that you can apply. It will simply talk about the economy; the business and monetary section. This book is usually used in universities by economics and business students. You can carry this book around since it has 534 pages and weighs 1095g. It has a width of one hundred and ninety mm and a length of two hundred and sixty mm.

Since the Economics for South African students price is low, just about anyone can get it. If you want more data about this item or want to see the item, you can go to Shopbot.co.za. You can also go there to view other similar products.

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Fault Lines - How Hidden Fractures Still Threaten The World Economy

Theses culprits are none other than greedy bankers, sleepy regulators and irresponsible borrowers whose individual choices that collectively brought about the economic meltdown.

Raghuram Rajan was one of the few economists who warned the world of the global financial crisis before it even hit. In the book Rajan warns us of the serious flaws in the economy that need to be fixed to prevent potentially more devastating crisis that awaits us. According to Rajan there were two main causes that led to initial breakdown-One was stagnant wages and the other was growing inequality in the U.S.

All this led to the reduced purchasing power of many middle class households which gave birth to an urgent demand for credit. The financial industry that had already gained encouragement from the government responded back by supplying home equity loans, subprime mortgages and auto loans. Most economists had failed to consider that the side effects of this unrestrained credit growth would turn out to be more devastating.

Raghuram writings are always well reasoned and based on sound set of facts. While the book is worth it even for the explanation of why we had a crisis and is even the most thought provoking contribution in the aftermath of the financial crisis. Readers will find that the book is full of great examples and cases and will certainly question some long held biases about current economic conditions in western countries.

Raghuram in his book also lays out some common patterns of global economic behavior in households, markets and governments and shows that when economic conditions become so demanding the difference of behavior between developed and developing countries becomes negligible.

Jenny is an online marketing professional, who keeps on researching on how various businesses are using online marketing for their advantages. He often shares his research and understanding through his articles and blogs.
He is currently researching on the global book industry and finding out the best resource to procure and buy books. To buy books online, he tests the usability factors associated with the online bookstores. Based on his real life experiences he would be contributing some of the articles for various resources to procure and buy books.

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Your Place in the New US And World Economy

What is next for the economy? The economy defines the boundaries within which all businesses must operate.

Like the lines on the edges of the road, cross at your own risk. All businesses - and therefore all jobs in the private sector - must operate within ("length" and "width") of these boundaries. Business failures occur when companies fall behind the times and are too far ahead of consumer demand. Likewise, most business sectors have a relatively narrow range of successful operations. It's hard to survive if you are either the most expensive or cheapest in your market.

The 2010 book from David Wiedemer, PhD, Robert Wiedemer, and Cindy Spitzer entitled "Aftershock" examines the events that created the financial meltdown. In this book and the previous book, "America's Bubble Economy" the authors make the case that the U.S. economy was an illusion, only the interaction of "bubbles".

A bubble is created when an asset temporarily booms. The former (pre-2008) U.S. economy was comprised of bubbles in real estate, personal loans, credit card debt, the stock market, and consumer spending. On their own, each bubble can rise independently. But in combination, the bubbles accelerate and reach unnatural levels!

The financial meltdown felt around the world is the consequence of these bubbles popping, or as the authors describe it, a "Bubblequake". The first stage of the financial meltdown included the fall of the real estate bubble, private debt bubble, stock market bubble, and discretionary spending bubble. On their own, each would have been significant. Combined, these popping bubbles lead to "The Great Recession".

Amidst the economic turmoil, the U.S. government tried to intervene. Bailouts of automakers and investment banks were designed to compensate for "toxic assets". Then the government pumped billions into the economy as "stimulus" to try to offset the funds lost to "money heaven" as bubbles popped and wealth simply evaporated.

Looking back, we now know that such efforts were ineffective. The results were a dramatically inflated money supply and a devalued dollar. The aftereffect was that the government soon reached the "National Debt Limit" as a result of spending nearly twice as much as incoming revenue.

The authors label this current stage as the "Aftershock", defined as the popping of the dollar bubble and the government debt bubble. Their conclusion is that current economic conditions do not simply represent a down market cycle or a typical recession. The difference is the multi-bubble economy, with these inter-linked bubbles ALL on the descent.

The authors also conclude that inflating these bubbles again is simply not possible.

Instead, they predict what is called the "triple double-digit" economy:

* Double-digit unemployment
* Double-digit inflation
* Double-digit interest rates

All in all, these make up some dire predictions. So what does this mean for you? How will you earn an income in the new, post-Aftershock economy.

The "Aftershock" authors predict:

1. Decreased demand for capital goods, including cars, construction equipment, and major industrial equipment. Lower demand means fewer viable firms and fewer available jobs.

2. Decreased levels of discretionary spending. This affects fine dining, entertainment, travel, fashion, jewelry, art and so on. Less total spending means fewer stores and fewer employees.

3. A decline (just not as drastic) in the "necessities" sector including health care, education, food, and government services. Even these areas will face some pressures to downsize because they are highly dependent on tax revenues. A smaller economy simply produces lower tax revenues. Some programs will simply need to shrink, regardless of the level of "necessity". Many jobs will be retained, however the wage growth and benefits will necessarily be constrained.

Conclusion: as many as 50% of businesses in some sectors may simply disappear. This means that job losses will be staggering after the dollar and government debt bubbles pop, and there will be a mad scramble for those jobs that haven't been destroyed. For most people it will be increasingly difficult to find a job - any job - regardless of your qualifications and experience. And for those lucky enough to be employed, keeping a job will mean putting up with less desirable working conditions, benefits, hours, and pay. In fact, as competition for jobs greatly increases, most wages will surely fall. After all the bubbles pop, people will accept wage cuts in most jobs for one simple reason: if they don't, somebody else will.

By necessity, the government will be forced to live within tax revenue limits. The world economy will not allow unlimited printing of "funny money" to allow for unlimited deficit spending. The quantity of currencies injected by numerous countries will have already added to inflation on a global scale. Too many dollars, yen, euros, etc. will be chasing a declining quantity of goods and services.

The OLD economy is gone; the NEW economy is here.

In 2011 the federal government is overspending revenue by 40%. Even a 10% decrease in the size and scope of the federal government would add hundreds of thousands of additional people to the unemployment roles (including government positions and supporting private suppliers and contractors.) This does not consider the same cascading effects facing state and local governments that have never had the ability to simply print money.

So one of the defining characteristics of the post-dollar bubble economy will be a shortage of jobs. Unemployment levels will be much higher, and people will remain unemployed for much longer. At the same time, businesses will be forced to reduce wages and benefits to remain competitive. Millions of Americans will accept cuts in pay.

Especially hard hit will be younger workers and older workers. Prospective employees under 30 will find it hard to compete against older, more experienced and proven workers. Likewise, workers over 50 will also face extremely high unemployment levels.

At the same time, loss of tax revenue will force the government to tax more and tax deeper. Remaining businesses and employees will be taxed harder! Most will rationalize that 50% taxation is better than not working at all!

Different people will look at the same facts and draw different conclusions. So what do you think? Do you believe the bubbles will miraculously re-inflate and good times are on the horizon? Or do you believe (as the authors of "Aftershock" have detailed) that the old bubble economy is gone and a newer, leaner economy is what we can expect?

I concur with the conclusion that we are now experiencing the "aftershock". I always knew that an economy based on 20% appreciation in housing values, pensions exceeding 100% of wages while working, whole shopping centers selling completely unnecessary novelties and decorations, and unbridled government deficit-spending had to "pop" eventually.

And yet I am also believe 100% in the viability of the free enterprise capitalist model. So I going to make some suggestions:

First, if you are under the age of 30 or over the age of 50 you are in danger of becoming a statistic. You either need to make yourself invaluable to your current employer or prepare yourself for the high possibility of a layoff.

Second, identify some necessary service or product that you can get excited about!

You have arrived at a "fork in the road". You have two choices, plus a combination. You can take the wide road and do whatever it takes (training, cross-training, adult education, apprenticeships, etc.) to become superbly trained for the job you have or would like to have. Remember, there are going to be too many people seeking each job. You are going to need be impressive in every way and probably over-qualified to get noticed.

The second option (the "road less traveled") is to design your own occupation. Now this can be a retail, service, or skilled occupation. Each has its attractions to certain people. My personal choice is to provide a product or service on a nationwide (or even global) basis. Again, these offerings should fall in the category of "necessities" rather than novelties. Luxuries offer a much smaller but profitable niche if you can cater to the affluent.

Even in tough times, fortunes can be made by satisfying needs. The time-proven formula for success is to identify a problem and provide a solution. In the post-bubble Aftershock economy, providing alternative income opportunities is one legitimate solution!

Now owning your own business includes the hassles of regulations and structure that you completely avoid if you stay in the employee category. But your own business also provides a degree of freedom not possible as an employee. The single biggest benefit is that you have no cap imposed on your income, especially if you are selling a product or service and not your efforts by the hour. Operating a business also allows you to deduct expenses before taxes. A higher potential income and tax advantages results in a win-win.

And then there is the combination of the two options, and this may be a viable option for the majority of Americans. If you have a steady job there is added security in building a part-time business on the side. You gain income and can offset a portion of your expenses that are now cutting into your after-tax personal income (such as a home office deduction, travel expenses for errands, office supplies, etc.) You also gain the security of a income cushion if your regular job evaporates or you face a cut in wages.

Of course, many small businesses eventually grow into large businesses. You then have the choice of making your part-time business a new full-time profession, hiring some employees to manage the extra work, or selling the business outright at a profit. Again, many advantages and few disadvantages (if designed with some forethought.)

The "road less traveled" provides increased potential rewards for assuming personal responsibility. At the same time, millions of Americans have learned that "job security" is a contradiction. We have entered the new age of job insecurity in an increasingly lean and competitive global economy.

So where do you start? Here are my recommendations for the ideal business:

1. Unlimited income potential. This is only possible if you are selling a product or service. If you are selling your time, you are limited by the number of hours you can work each day, week, and month. When you stop working you stop earning, and this is true even if you can bill your time at $200 per hour. Also, you want to have at least some products or services which generate repeat sales - unless what you are providing is incredibly profitable in the initial sale. Likewise, if your business allows you to leverage the efforts of others to provide additional streams of income, so much the better!

2. Time and location freedom. The ideal business will take advantage of current technologies and allow you to be located anywhere, and sell to anyone. These technologies will also allow your sales to recorded 24 hours per day, 7 days per week. Some products or services may have limitations which restrict the sales area to one location. But many products and services - especially digital products - allow sales to be made on a worldwide basis instantaneously!

3.Small initial investment. While many downsized employees have bought franchises and other fixed location business opportunities, I can not recommend this option. For one, the start-up costs can be very high, literally hundreds of thousands of dollars with no guarantees. Then you are faced with the reality that you have assumed the job of full-time personnel director and you spend all your time either managing employees or hiring their replacements. Instead, I would recommend an opportunity with a low start-up cost. This allows you to begin

part-time. It also means you won't have to qualify for financing, which may be next to impossible for a new business in the post-bubble economy.

In my opinion, network marketing fulfills all these criteria. There are literally thousands of products and services that are marketing by networking. Combined with the power of the Internet and social media, networking has entered the mainstream and is a viable option for a full-time or part-time business.

Millions of Americans have used network marketing to produce extra income. The company provides all the support functions, from billing and credit card processing to accounting for commissions. Networking includes the creation of a downline that produces additional income. And consumable products provide residual income, often from several generations of customers that you have never even met.

There are no restrictions based on age, experience, location, or net worth to join a networking company. People from all walks of life - including unemployed - have become successful in network marketing. In fact, many thousands of networkers are literally unemployable after experiencing the freedom and income potential of network marketing.

If you decide that networking is right for you, there are countless resources (both free and low cost) that are available to shorten your learning curve and help you succeed! There are also turnkey marketing systems designed to automate the process of locating customers and claiming your slice of the Internet!

Randy Reek writes articles about making money from a base of over 30 years of business success. Randy has been a top salesman in retail and wholesale sales; consumer and business-to-business settings. He has also operated his own successful mail-order business. Visit randyreek.com for information and opinions on making money, saving money, and your place in the global economy.
For more information on specifically on income opportunities in the new world economy, see the Making Money section of the blog.
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Justify FullNew Economic Platform - More Than Analysis

In the next 20 years, you may get bored seeing more and more books analyzing the effects of the current economic crisis and what brought it on.

But, at the very beginning of this financial crisis, I've found the first book to advocate a new financial platform and address the biggest problem: adding more jobs and restoring worldwide financial stability.

The book didn't just suddenly appear as an analysis of the world's economic crisis. It has been stored in the brain vault of Leonard S. Johnson for more than 5 years. He has been tossing around ideas, coming up with new approaches and creating new kinds of thought for that entire time. And this was long before this financial crisis put the world on its collective knees. It was now time to come to the aid of a crumbling financial world.

That's when Johnson decided it was time to give the world a needed answer to deal with these effects of the economic crisis with his innovative book "The Bank for International Ideas." Johnson has based his book entirely on taking intellectual capital to intellectual property. He shows how to use the book's premise to create a new financial order based on worldwide innovative ideas that become businesses, scientific projects or organizations.

"The Bank for International Ideas" isn't a book of how to merely get banks to support and fund new ideas. The fact is banks are not doing that to the degree we have known in the past. BII is a complete financial platform which allows anyone in the world to submit ideas to the bank.

The process starts with the review committee. The committee, a noteworthy group of peers, decides if the idea is worthy and valid. If so, the bank actually issues credits which are then redeemed in currency in three parts: 33%, 33% and 34% totally 100%.

This means BII allows the innovator to make money on the idea while searching for investors, investment money, funding and mentor involvement. There's nothing to pay back unlike a usual bank transaction. The individual is actually paid for the idea. That's new in the world of finance. And good news for the idea-maker.

Johnson believes the world is no longer going to be run by the current skilled jobs. He believes true financial stability will be led by innovators who create areas of new job categories, not simply the skilled ones that we have known.

Johnson has created "The Bank for International Ideas" book to become the financial handbook of the upcoming new era of finance. The result is: It isn't the end-all answer to analyzing the effects of the financial crisis. It is the end-all book to the beginning of the new phase of finance in the world.

Unlike the blow-hards that puff themselves up to tell the world how they would do or would've things, Johnson has a truly remarkable way to make the entire world a better place financially.

I have also found something else he's done. He's created a 5-part YouTube explanation of the financial platform and how it works. So, you can absorb the financial concept before you get the book and delve into the details.

It just gets better and better.
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