Philippine economy bucks global headwinds

[technowar]

---

(CNN) -- The Philippine economy grew 7.1% last quarter -- the fastest growth in two years and the fastest pace in Asia next to China -- a strong sign that the Southeast Asian economy is building domestic-growth rather than relying on exports.

Source: Philippine economy bucks global headwinds - CNN.com

Finally, a good news worth sharing!

[sizzlingROBOT]

Nindot jud ning taas ang growth rate if you see it in MACRO scale but in MICRO, dili kaau.

You have to see past the 7.1% figure. Kai mao ni ang effects:

The Disadvantages of Economic Growth

Economic growth does not come risk-free. Although our material progress can be measured in part by the growth of national output, income and spending, if the economy grows too quickly, it can bring about short and long-term problems.

Inflation risks: There is the danger of demand-pull and cost-push inflation if demand grows faster than long run productive potential High and rising inflation can be destabilizing for an economy because it puts pressure on interest rates to rise and can cause a loss of competitiveness for domestic businesses in international markets

The environment: Economic growth cannot be separated from its environmental impact. Fast growth of production and consumption can create negative externalities such as increased noise and air pollution and road congestion. Environmental damage can have a negative effect on our quality of life and limits our sustainable rate of growth. For example, road transport is responsible for 25% of UK CO2 emissions once emissions from fuel processing and vehicle manufacturing are taken into account.

Inequalities of income and wealth: Not all of the benefits of growth are evenly distributed. We can see a rise in real GDP but also growing income and wealth inequality in society which is reflected in an increase in relative poverty. The Gini coefficient is one way to measure the inequalities in the distribution of income and wealth in different countries. The higher the value for the Gini co-efficient (the maximum value is 1), then greater the inequality. Countries such as Japan, Denmark and Sweden typically have very low values for the Gini coefficients; whereas African and South American countries have an enormous gulf between the incomes of the richest and the poorest elements of the population.

Regional disparities: Although average living standards may be rising, the gap between rich and poor can widen leading to an increase in relative poverty and a widening of the gap between different regions.

Macroeconomics - Costs and Benefits of Economic Growth

[gwaping]

Nindot jud ning taas ang growth rate if you see it in MACRO scale but in MICRO, dili kaau.

You have to see past the 7.1% figure. Kai mao ni ang effects:

The Disadvantages of Economic Growth

Economic growth does not come risk-free. Although our material progress can be measured in part by the growth of national output, income and spending, if the economy grows too quickly, it can bring about short and long-term problems.

Inflation risks: There is the danger of demand-pull and cost-push inflation if demand grows faster than long run productive potential High and rising inflation can be destabilizing for an economy because it puts pressure on interest rates to rise and can cause a loss of competitiveness for domestic businesses in international markets

The environment: Economic growth cannot be separated from its environmental impact. Fast growth of production and consumption can create negative externalities such as increased noise and air pollution and road congestion. Environmental damage can have a negative effect on our quality of life and limits our sustainable rate of growth. For example, road transport is responsible for 25% of UK CO2 emissions once emissions from fuel processing and vehicle manufacturing are taken into account.

Inequalities of income and wealth: Not all of the benefits of growth are evenly distributed. We can see a rise in real GDP but also growing income and wealth inequality in society which is reflected in an increase in relative poverty. The Gini coefficient is one way to measure the inequalities in the distribution of income and wealth in different countries. The higher the value for the Gini co-efficient (the maximum value is 1), then greater the inequality. Countries such as Japan, Denmark and Sweden typically have very low values for the Gini coefficients; whereas African and South American countries have an enormous gulf between the incomes of the richest and the poorest elements of the population.

Regional disparities: Although average living standards may be rising, the gap between rich and poor can widen leading to an increase in relative poverty and a widening of the gap between different regions.

Macroeconomics - Costs and Benefits of Economic Growth

Para nako sir very positive mani nga growth kay daghan man nahimo nga trabaho

liman ka anang BPO ila empleyado daw x2 na inig 2015/2016 with the present.
unya liman ka anang ang gobyerno ila gi increase ila spending, syempre for projects unya basta naay projects daghan pud makatrabaho. kini lang akong masulti

ADIOS PILIPINAS!

[sizzlingROBOT]

Yes, sakto ka bro. Daghan jud ug nahimo na trabaho tungod ana. But pila ra man ta ka percent?

My sentiment goes to the people na oppressed like our farmers, contractual workers, and casual employees.

Para nako sir very positive mani nga growth kay daghan man nahimo nga trabaho

liman ka anang BPO ila empleyado daw x2 na inig 2015/2016 with the present.
unya liman ka anang ang gobyerno ila gi increase ila spending, syempre for projects unya basta naay projects daghan pud makatrabaho. kini lang akong masulti

ADIOS PILIPINAS!

[technowar]

Dapat unta first priority ang mga farmers bali man nuon. Sila'y naglawg nato, sila atong giabusar.

[sizzlingROBOT]

That's true bro. Ato farmers walai kaugalingon na yuta. Sa-up ra sila. Mao nang oppressed kaau ato mga farmers.

Dapat unta first priority ang mga farmers bali man nuon. Sila'y naglawg nato, sila atong giabusar.

[Code Talker]

wow this is good news. Keep it coming!

[crossramz]

Let us do things slowly.. Urban and commercialized areas first, then we go to the provinces..

Let's Go Philippines..

[psychemaster]

watch this video because the prophecy is going to be full filled in our generation.

Cindy Jacobs - Prophecy for the philippines - YouTube

Go Philippines.

[paradp01]

wow this is good news. Keep it coming!

Let's Go Philippines..