Sim Paper1 Ged105 A19
Sim Paper1 Ged105 A19
Sim Paper1 Ged105 A19
Political and economic borders are fluid. Some may protrude to be economically
focused as well as be politically appeased. The flexibility of such does not rely on the
governance itself but how the nation accepts its enforcement to their competencies. In
1860, the recognition of economic growth has received plenty of attention introducing
free international product and resource trade. The expanding markets started to take
economic integration. Economists have generally relied vision on its continuous effects
but has took little attention to the significance of political integration towards growth.
How can political and economic integration be complementary? In the Philippines, it has
grown over the years in pursuing economic expansion and growth in the market; yet it
experiences significant increase in the poverty line. Some root causes of the lagging
development of the country were proven to be due to political risk in investments, land
reforms, legalism, and uneven job opportunities preventing inclusive opportunities for
the Filipinos. Can economic or political integration be the foundation for the possible
upliftment of the governance status of the country? More importantly, can it be that both
of these effects of unification equally be the source of problem for the lagging economy
of the Philippines?
The Philippines has been in an economic revival in the past few years. Through
economic integration, the country has joined constitutions and organizations increasing
the regional share and movement of consumers and producers in the country. Being a
member of the Asean Economic Community (AEC), the country started to benefit in
markets allowing agreements that provide free trade, skilled workers, and products into
interest. According to the website of business mirror, the country has achieved 92.1 %
value chain in manufacturing and agricultural sectors. The data given provides a huge
increase in the country’s GDP equivalent to 5.8 % reaching an inflow of foreign direct
investments of $5.7billion from the European Union members. The effect of being
inclusive allows a new foundation to purposely revitalize the economic growth of the
an ever-increasing position of the country to the market trade. It encourages the rapid
modern machinery. According to Ian C., 2018, The Philippines has climbed to 55 th of all
not only the government but also Filipino’s to adapt and coordinate to stimulate
efficiency in labor, jobs, work, and others. It escalates the possibilities of coordinating
and creating industrial strategies for manufacturing and investments. Being an adaptive
scale. If the country continues and remains to be exclusive, with its condition as a
development.
Political integration combines components such as economic, social, and other
human system within a political process. In the Philippines, we see political integration
political engagement in the current status of the country occurs in firm registries. It
prevents economic integration to further affect and influence the investors, constitutions,
productivity. Most businesses/firms in the country seeks resources for productive and
participate in both economic and political markets. Since both markets are
complementary, changes in one market can impact the other in its behavior towards its
devotion to the governing body. The Philippines in its condition, political integration can
trade blocs. Most states feel pressure and join in political agreements in the
groupings has disrupted national democracy since the beginning from 2006 up until
trade pacts and processes. In the Philippines, joining the ASEAN congregation in 1967
was a huge promotion to its foreign trade policies. In the years, being one of its founding
members has increased in political means through the pursuit of different initiatives in
trading, policy making and functional cooperation between other member countries. It
processes, then the current economy of the country in term of economical means
should have dropped leading to various losses in beneficiaries and investors due to low
and unstable and narrow policies for both purpose and incentives.
In free trade, many may seem to see or question trade division in constitutions to
be a huge risk for the economic market. Though it can lead the becoming depressed
regions of small members according to other findings, it is a small factor for the
economic growth of the Philippine and its people to oversee. The country has already
form. According to Ariffin E., 2018, the current status of the Philippine economy since
the regime of the Spanish and American colonies has increased its gross domestic
product value to 6.7% from 2018 to 2019 providing evidence of such growth in the
economic market. The increase has made the country a so-called economic
The results of economic integration for big countries can differ positively or
resource trade of common local goods. Without the exception of smaller members,
there is an aphorism where the rich get richer and the poorer economies get poorer.
Though with the technological influence of integration, this ideology allows smaller
economies to receive and benefit from bigger countries. Countries such as the
businesses and companies and further the economic growth and market of the nation.
pursue strategic market compliance for beneficiaries and investors. Many may see it as
a risk that deters investment and also shifting uneven job options, but it contradicts its
effectivity with and without economic integration. According to some findings, many
relate to the political market to be contemporary with the economic trade. Both markets
deal with the financial institutions as political integration changes the level of
competition between innovation and growth. In the Philippines carries through its gross
profits and firms that can be supported by independent political entities through a
central government.
decisions to which nations would disagree but continue to which the decision is
favorable. This may affect third world countries not in favor of said resolutions. Not only
the governance of the nation will be affected but also its people in a way that kills local
industries competing with other international businesses and firms. This situation differs
from the current economic integrity of the Philippines. Even recognized as a third world
country, the nation has already surpassed its being; unaware of international political
procedures and policies. The country has already adapted new strategies and financial
advantages that makes political integration a positive outcome for its economic and
political growth.
Economic and political integration may be different to economists, business
analysts, financial specialist and even bystanders. Though in many cases, it will always
Standalones alone markets will always prove to provide positive and negative returns to
the governing nation such that it becomes a catalyst for economic growth itself. It lacks
the perspective of both margins can be advantageous to both. There are sayings to
which in cases of situations, joint ideologies allow for a diverse and expanded angle of
interrelation between problems revolving itself around the word “unity”. It initially states
how intentions can be harmonious with the purpose of others and would be
advantageous for both to fill the missing link in the never-ending growth of economies.
The Philippines may have been in the verge of its economic disadvantage but through