economic and social overview of the philippines: comparison with the neighboring countries
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Economic and social overview of the Philippines: Comparison with The neighboring countries. Trade Organizations APEC ASEAN WTO. Asia-Pacific Economic Cooperation. United States Taiwan Hong Kong China Mexico Papua New Guinea. Chile Peru Russia Vietnam. Asia-Pacific Economic - PowerPoint PPT PresentationTRANSCRIPT
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Economic and social overview of the
Philippines:Comparison with The neighboring
countries
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Trade Organizations
APECASEANWTO
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Asia-Pacific Economic Cooperation
ChilePeruRussia
Vietnam
United StatesTaiwan
Hong KongChinaMexico
Papua New Guinea
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Asia-Pacific Economic Cooperation
KoreaMalaysia
New ZealandPhilippinesSingaporeThailand
AustraliaBruneiCanada
IndonesiaJapan
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Asia-Pacific Economic Cooperation
Seeks to promote free trade and economic cooperation.Raise living standards & education levels through
sustainable economic growth.
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Asia-Pacific Economic Cooperation
Prospects & options for a Free Trade Area of the Asia-Pacific(FTAAP)
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Association of Southeast Asian Nations(ASEAN)
MyanmarCambodia
LaosVietnam
IndonesiaMalaysiaSingaporeThailandBrunei
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Association of Southeast Asian Nations(ASEAN)
Aims to include the acceleration of economic
growth, social progress, and cultural development.
to provide opportunities for member countries to discuss
differences peacefully.
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ASEAN free trade area(AFTA) –
An agreement by the member nations of ASEAN concerning
Local manufacturing in all ASEANS.
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The World Trade Organization has the authority to administer and
police new and existing free trade agreements, to oversee world
trade practices, and to settle trade disputes among member states.
World Trade Organization
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GDP of the Philippines
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Gross Domestic Product
Gross National Product
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Gross Domestic ProductMeasures a country’s
economicActivity regardless of
who owns the productiveAssets in that country.
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by adding up what everyone earned in a year (income
approach)
by adding up what everyone spent (expenditure method).
Gross Domestic Product
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Total Exports
2009 2010
-15
-10
-5
0
5
10
15
20
Column2
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Main Industries1. Electronics Assembly2. Garments3. Footwear4. Pharmaceuticals5. Chemicals6. Wood products7. Food processing8. Petroleum refining9. fishing
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Agriculture Products1. Sugar Cane2. Coconuts3. Rice4. Corn5. Bananas6. Cassavas
7. Pineapples8. Mangoes9. pork10. Eggs11. Beef12. fish
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Labor force:occpuation
35%
15%
50%
PercentageAgriculture Industry services
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Top 10 Exports 1. Coconut Oil2. Gold3. Dried fish and shellfish4. Metal Components5. Household items, woodcrafts and furniture
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Top 10 Exports 6. Fashion Accessories7. Petroleum Products8. Electric Apparatus9. Semiconductors10. Computer Accessories
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Export partners of thePhilippines
United St
ates
Japan
China
Singa
pore
Hong kong
South Korea
German
y02468
10121416
4.1%15.35% 14.19%
13.19% 9.44%
9% 5.12%
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Principal purchasers ofThe countries exports United StatesJapanSingaporeThe NetherlandsHong KongGermanyThailand
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Total Imports
2009 2010
-15
-10
-5
0
5
10
15
20
25
Column2
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Top 10 Imports Electronic productsMineral fuelsMachinery and transport equipmentIron and steelTextile fabricsGrainsChemicalsPlastic
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Principal purchasers ofThe countries imports JapanUnited StatesSingaporeSaudi ArabiaSouth KoreaGermanyMalaysia
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Import partners of thePhilippines
japan
United St
ates
Singa
poreChina
Taiwan
02468
10121416
15.32%11.47%
9.54% 8.93% 8.27%
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9.54% 8.93% 8.27%
ECONOMIC FACTORSInfrastructure
SchoolsHealth centers
BridgesRoads
Irrigation works
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9.54% 8.93% 8.27%
ECONOMIC FACTORSEnergy
Geothermal ResourcesHydroelectric powerOffshore oil reserves
Coal field
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9.54% 8.93% 8.27%
ECONOMIC FACTORSTransportation
JeepneyTrain
National Air carrierNAIAMIA
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The total of incomes Earned by residents of a
country regardless of where the assets are
located.
Gross National Product
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How GNP is measured?
• Totaling all personal spending
• All government
spending
all investment spending by a
nation's industry both domestically and all over the
world.
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1 United States 14,624,184
2 People's Republic of China 5,745,133
3 Japan 5,390,897
4 Germany 3,305,898
5 France 2,555,439
6 United Kingdom 2,258,565
7 Italy 2,036,687
8 Brazil 2,023,528
9 Canada 1,563,664
10 Russia 1,476,912
Top 10 GDP of the World
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GDP of the ASEAN countries18 Indonesia 695,059
30 Thailand 312,605
38 Malaysia 218,950
39 Singapore 217,377
46 Philippines 189,061
58 Vietnam 101,987
115 Brunei 11,963
119 Cambodia 11,360
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Ten largest economies
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Thank You for Listening!Reporter: Angeline R. ParedesIII-6 BEEd
Subject: Geography
Professor Gerry Areta