Economic Problem In The Philippines – WASHINGTON, D.C. – Although Monday’s presidential election in the Philippines will focus more on people’s attitudes than issues, Gallup’s national polls show that the winner will still face many challenge, not the least of which is a great harm to the economy. not covid-19.

Quick summary: The presidential election gives Filipinos their first chance to turn away from the policies of current President Rodrigo Duterte, who has cracked down on the country’s criminals. and create a long lockdown to control the spread of the disease. Duterte, who was elected in 2016, is legally ineligible for a second term.

Economic Problem In The Philippines

Economic Problem In The Philippines

In the busy area of ​​Ferdinand Marcos Jr. and Leni Robredo as the top two. Marcos, the son of former politician Ferdinand Marcos, described his father’s leadership as a “golden period” in Philippine history. Robredo is the current vice president of the country and a critic of the current president.

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Marcos and Robredo are confused about their political promises, but Robredo has positioned herself as a candidate for change. Marcos, supported by Duterte, declared himself a throwback.

The youth vote can be very important in elections. Recent estimates show that of the 65 million registered voters in the Philippines, about 33 million are 30 or younger. Addressing this area is very important for any candidate who wants to win the presidency of the country.

Young Filipinos feel unsafe: Media reports and data from the Philippine National Police show a decrease in violent crime and theft in the country during the Covid-19 lockdown. 19. Older Filipinos felt safer walking alone at night in 2021 than when Duterte took office, although younger Filipinos did not feel safer, and they felt less safe. safe for all ages.

Almost one in ten Filipinos aged 15 to 29 (57%) said they feel safe alone at night, unchanged from 56% who said in 2016. This number is low also than 71% from 30 to 14%. 49-year-olds who said they feel safe are 10 points less than 67% of 50-year-olds and older who also said.

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Filipina women record the lowest rates of youth insecurity. A smaller proportion of women aged 15 to 29 (51%) reported feeling safe alone at night, compared to 65% of men in this age group. Women in this age group tend to feel less comfortable than others in the Gallup poll, and they may have been happy for Robredo’s release.

Filipinos of all ages struggle to make ends meet: While young Filipinos feel insecure about where they live, many Filipinos of all ages are facing financial pain. In 2019, the Philippine economy is one of the fastest growing economies in the world. That changed when the country fell into the covid-19 pandemic that lasted until 2021.

As the economy hit the country, the percentage of Filipinos who reported that they are currently struggling or are struggling with their current income rose to 11 percent or more in all three groups between 2019 and 2020. continue in 2021, with Filipinos aged 50 and older most likely to report the struggle (62%), followed by those 30 to 49 years (58%). Those 15 to 29 years old are most likely to report problems (52%).

Economic Problem In The Philippines

Impact: Feelings of security and attitudes about the economy divide young and old Filipinos ahead of Monday’s presidential election. However, the importance of this difference in the election process is not clear. Robredo reportedly has strong support from young Filipinos, while Marcos’ campaign appears to be designed to appeal to older members of society. These issues and the appeal of the two candidates, considering the way they promised to solve them, may also affect many Filipinos when they vote.

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The data is based on multiple waves of mobile phone interviews with nearly 4,000 Filipinos aged 15 and older in each wave from June to November 2021.

For results based on a national sample of adults, the standard deviation of the sample was ± 2.1 Percentages at 95% confidence level.

The error bars reflect the effect of data weighting. In addition to sampling error, the wording of the questions and difficulties in conducting the survey can introduce errors or unbiased research results.

An average of 43% of adults in Asia approved Germany’s leadership in 2021, followed by 41% who approved America’s leadership.

Philippine Economy Expands 7.4% Last Quarter, Below Estimate

The President of the United States Joe Biden finished his first year in office in 116 countries with 45 percent approval and 33 percent disapproval.

Gallup polls, which predicted the worst economic situation in Sri Lanka in the last 70 years, show that Sri Lanka is not happy with its economy for the first time in 2021.

Global Workplace Trends Outlook: What We Know About Labor Trends in South and Southeast Asia Ronald W. Mendoza Ronald U.

Economic Problem In The Philippines

In 2019, the Philippines is one of the fastest growing economies in the world. He finally abandoned his name “sick man of Asia” that he received during the economic collapse at the end of the Ferdinand Marcos regime in the mid-1980s. After ten years of major changes, the recovery of the country’s economy took root in the ten years before the epidemic, instead of repaying the debts incurred during the administration. With an annual growth rate of more than 6 percent between 2010 and 2019 (based on the Philippine Bureau of Statistics’ GDP growth data at prices continued in 2018), the Philippines has been named as another Asian tiger economy.

Poverty In The Philippines: Causes, Constraints And Opportunities

The bad awakening from the disease is the example of increased services and remittances that are not very good in the midst of the diseases of the world. Philippine economic growth slowed in 2020 – entering negative territory for the first time since 1999, and the country experienced one of its worst recessions then deepened in the Association of Southeast Asian Nations (ASEAN) that year (Figure 1).

And while the government predicts a recovery in 2021, some analysts are worried about the uncertainty and weakness of the recovery due to the prolonged blockade of the country and the inability to change to a more effective plan. The Philippines is using strict restrictions on movement in the country’s main cities and centers of development every time the rise of Covid-19 threatens to overwhelm the health of the country.

What is the decline of one of Asia’s fastest growing economies? It’s too easy to blame it all on the disease.

First, the economic model of the Philippines is more vulnerable to disease. It is built on the movement of people, but tourism, services and increased remittances are all prone to damage and reduce consumer confidence. Reduced international travel, tourism disruptions, and domestic and travel restrictions have disrupted the retail, restaurant and hospitality industries. . Fortunately, the business outsourcing (BPO) sector is showing strength – but its main markets have been severely affected by the pandemic, forcing the sector to quickly innovate and adapt to new opportunities under conditions common.

The Economic Impact Of Covid 19 In Low And Middle Income Countries

Second, controlling the disease was also difficult. The restriction is useful if it buys time for the country to strengthen its health and testing systems. These are the foundations for better disease management. But if the country does not enforce these measures, the block will waste time. That seems to be the case for the Philippines, which made headlines around the world for implementing one of the longest lockdowns in the world during the pandemic, but failed to flatten the curve of COVID -19.

At the time of writing, the Philippines is facing another crisis and is still trying to improve in a better way to contain it amid growing concerns about a delta change that is spreading in Southeast Asia. It seems that we are facing an emergency, which will seriously damage the economy and may cause negative expectations for the future Covid-19 epidemic (Figure 2).

Figure 2 shows the Philippine government’s use of restrictions to slow the spread of Covid-19 in the country.

Economic Problem In The Philippines

Figure 2: Guidelines for protecting communities during the COVID-19 pandemic, Philippine National Capital Region (NCR), March 2020 to June 2021

The Economic Problems Of The Philippines

Note: From movement restrictions to minimization, the control measures are: Enhanced Community Quarantine (ECQ), ECQ* (same as ECQ, but slightly less restrictive), Enhanced Community Quarantine (MECQ), MECQ* (same as MECQ. ). but slightly less restrictive), GCQ* (same as GCQ but slightly more restrictive), General Community Quarantine (GCQ). Sources: Philippine Department of Health, Rappler, CNN Philippines, ABS CBN News, Inquirer, Sunstar, PNA, cebudailynews.

If the choice of the delta and other options are the most immediate threat, it can be expected that the lack of proper use will force the country to return to the extreme movement restrictions as a last resort. Currently, only two months of public trading (

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