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The Philippines, a beautiful tropical archipelago of islands that forms one of the most important economies in the world today. This nation often flies under the radar as a quiet achiever but it is both interesting and important to understand because it may be the quintessential 21st-century growth nation, and that is not to say it is some super modern nation from the future, but rather it is to say that the story of the success and failures of the Philippines is by extension the story of the world today as more and more countries, modernize, embrace technology, trade internationally and bring their citizens into the global middle class.


📚 Want to learn more about the economy of the Philippines? We recommend reading “An Illustrated History of the Philippines“, by Ray Canoy 👉 (as an Amazon Associate, we earn from qualifying purchases)

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Sources & Citations –

Parreñas, R.S., 2002. The care crisis in the Philippines: Children and transnational families in the new global economy

Boyce, J.K., 1993. The Philippines: The political economy of growth and impoverishment in the Marcos era. University of Hawaii Press.

Krinks, P., 2003. The economy of the Philippines: Elites, inequalities, and economic restructuring. Routledge.

Kelly, P.F., 2001. The political economy of local labor control in the Philippines. Economic Geography,

Bird, M., and Ernst, C., 2009. Offshoring and employment in the developing world: Business process outsourcing in the Philippines. International Labour Organization.

Lockwood, J., 2012. Are we getting the right people for the job? A study of English language recruitment assessment practices in the business processing outsourcing sector: India and the Philippines. The Journal of Business Communication


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