Globalization and the Destruction of the Philippines

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Introduction

In January 1995, the Philippines joined the globalized trade, and since then Philippines lost its rich culture and land, economic globalization had a colossal negative impact to the nation. The Philippines is in an upheaval, as economic growth from globalization has caused an immense social gap and distress in the nation’s health system. One can argue that economically, it is flourishing due to foreign currency remittance, but the Philippines still lags behind its Southeast Asian neighbours.

Effect of early Globalization, Colonialism: The social split

The adoption of globalization principles and the introduction of democratic and capitalism theories from international influence created social problems in the Philippines. It created and is still continuing to divide the Philippines’ elite from the poor. In comparison to its Asian neighbours, it is considered as the ‘sick men’ of Asia, because of the country’s inability to prosper economically (Banlaoi, 2004). The expectations of globalization and the prosperity of its Asian counterparts are creating social problems in the Philippines, and for the purpose of this report are argued to be attributed to international pressure and influence.

International and Neo-Liberalism Influence

Early International Influence

Societal divisions first erupted as entrepreneurial Filipino and Chinese mestizo elites dominated the religious, political and economic frontier with the mentorship of the Spaniards’ feudal system and the Americans’ neo-liberal agenda towards globalization. Philippines entered the globalized trade in its infancy with no cultural, social or economic strength (Banlaoi, 2004).

As mentioned earlier, the Philippines developed as a nation following the footste...

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