FCW FA 1 (San Juan) PDF
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San Juan, Benedict I.
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Summary
This document discusses the impact of development and globalization on the economy of the Philippines. It examines the relationship between income inequality, traffic congestion, and other issues affecting the country's socio-economic landscape.
Full Transcript
San Juan, Benedict I. GED0113 SEC 28 subsec 4 PROBLEM/ IMPACT ON EXAMPLE IMPACT ON EXAMPLE ISSUE IN DEVELOPMENT GLOBALIZATION PHILIPPINE SOCIETY 1. Income This will only Poverty rate The reside...
San Juan, Benedict I. GED0113 SEC 28 subsec 4 PROBLEM/ IMPACT ON EXAMPLE IMPACT ON EXAMPLE ISSUE IN DEVELOPMENT GLOBALIZATION PHILIPPINE SOCIETY 1. Income This will only Poverty rate The residents on 7% of Inequality widen the gap in provinces these regions may Filipino between between the rich like Sulu had opt to find better households (Provincial and the poor a poverty opportunities abroad. has an OfW Rate) because the cost of incidence of Reducing possible family basic necessities 71.9% while workers in our member between rural and Lanao del country and who urban areas is Norte has increasing labor supports almost or even just 64.9%. migration. them the same. This Which is a financialy unbalanced huge gap in and 4 out of development will comparison 10 OFWs only make people to Metro work low from rural areas to Manila status such have less whose as street opportunities in poverty rate vendor, terms of economic was only construction growth. It will only 3.5% worker, force them relocate (Philippines cleaners and and work in Metro Statistics domestic Manila which will Authority helpers make Metro 2022). (Eugenio Manila even more Despite 2023). congested. having These kinds similar cost of job are of basic easily necessities accessible residents in in the these regions Philippines face fewer but they opt opportunities. to work overseas because of the differences in salary. 2. Traffic The impact of In 2014, the Increased costs on Traffic in congestion traffic significantly Philippines is operations can make major cities in the effects the suffering a it less attractive for near the Philippines economy. As it ₱2.6 billion foreign investors to port increases travel loss daily due operate in our remains as time and fuel to traffic country. Which can obstacles consumption. congestion help bring citizens for doing Keeping in mind and ₱5.5 jobs and help our business in that fuel in the billion economy. Trade in the Philippines is not annually on the Philippines is Philippines cheap. EDSA alone slow moving due to (U.S. Overcrowded (Cabuenas, traffic and causes Department roads also leads to 2018).In delays which can of State, damages that needs 2018 ₱3.5 lead to unmet 2023). frequent repairs billion a deadlines. and upgrades. ₱900 million Which slows urban increase (De development Vera, 2018). because of If no diversion of the preventative allocated interventions resources. are done, by 2030 the Philippines will most likely lose ₱6 billion daily (Francisco, 2023). REFLECTION: As a concerned citizen, this kind of issues in the Philippines is very alarming. I myself have family members who is working overseas because of better opportunities and I only see them once or twice a year or maybe even not. If only these kind of issues can be solved in an easy and swift manner then we would all be thriving by now. But the world is not a perfect one, and these kind of issues is not within our control. I feel sad for other people growing up without their parents because of them being OFW, but as a student there is nothing I can do. I commute daily from house to school and experience a 1.5-3 hr trip from Pasig to FEU and vice versa. Due to heavy traffic I can’t function well because of fatigue. What more are the blue collar workers who is tired physically, experience traffic and receive provincial rate minimum salary. They are overworked but underpaid. It’s a sad reality in the Philippines. As a student all I can do is hope for a better future. References: Cabuenas, J. V. (2018, February 22). Metro Manila traffic now costing PHL P3.5 billion daily —JICA. GMA News Online. https://www.gmanetwork.com/news/money/economy/644322/metro- manila-traffic-now-costing-phl-p3-5-billion-daily-jica/story/ De Vera, B. O. (2018, February 23). JICA: Traffic congestion now costs P3.5 billion a day | Inquirer News. INQUIRER.net. https://newsinfo.inquirer.net/970553/jica-traffic-congestion-now-costs- p3-5-billion-a-day-metro-manila-traffic-jica-cost-of-traffic Eugenio, L. J. (2023, August 11). Overseas Filipino workers: The modern-day heroes of the Philippines. Harvard International Review. https://hir.harvard.edu/overseas-filipino-workers-the-modern-day- heroes-of-the-philippines/ Francisco, K. (2023, May 19). Fix traffic or PH can lose P6B daily by 2030 – JICA. RAPPLER. https://www.rappler.com/business/economy/51824-ph-cost-traffic-jica/ Ha, C. (2024, April 1). FWAs can help reduce traffic congestion issues in the Philippines | HRM Asia. HRM Asia. https://hrmasia.com/fwas-can-help-reduce-traffic-congestion-issues-in-the- philippines/# Philippine Statistics Authority. (2022). Poverty incidence among population by region and province. Philippine Statistics Authority. https://psa.gov.ph/poverty-press-releases/nid/167711 United States Department of State. (2023, December 7). United States Department of State. https://www.state.gov/reports/2022-investment-climate-statements/the- philippines/#:~:text=Poor%20infrastructure%2C%20high%20power%20costs,are%20major%20 disincentives%20to%20investment.