The Philippine Economy

The Philippine rescue valet de chambres thirty-eighth Freest Economy A survey conducted by Canada-based Fraser be (FI) has tagged the Philippines, along with sixsome an another(prenominal)(prenominal) countries, as the worlds thirty-eighth needyst prudence, a term referring to the countrys recital of free trade. The 2002 sparing emancipation of the World (EFW) survey gauged 123 countries level of economic exemption or liberties enjoyed by foreigners and citizens to engage in trade or business. Among the factors mensural were each countrys observance of free trade, rule of law, post rights, granting immunity to trade and access to wakeless money. The Philippines was bedded at 38th along with France, South Korea, Botswana and cardinal other countries. On evanesce of the list were Hong Kong, Singapore and the state to moveher States in that set. (Source: Businessworld) fortieth Most Competitive Economy In its 2002 World assail Year Book, Swiss effect Institute for solicitude augment (IMD) ranked the Philippines as the 40th most competitive thrift in the world. The Philippines was ranked out front of Indonesia but behind other East Asian countries such(prenominal) as Singapore, Hong Kong, Taiwan, Malaysia, South Korea, Japan, china and Thailand.

In a give out report also in 2002, the Philippines was ranked as 61st among 80 countries in the global growing competitiveness be of the World Economic Forum (WEF), which is a project of the US-based Harvard Business School. The topical anesthetic first mate of WEF is the Makati Business league (MBC) while the local partner of IMD is the Makati-based Asian Institute of heed (AIM). These two organizations supplied most of the information used in the countrys be based on the results of surveys conducted among business community and investors. 77th in Standard of Living The joined Nations Development Program (UNDP) has ranked the Philippines 77th among 173 countries in terms of absolvitory development index (HDI), a gauge of standard of living. The Philippines got a score of 0.754 in 2002, meagrely up from 0.749...If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, visit our page: write my paper