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1. What are the effects of globalization to the Philippines? Cite one or two
examples.
The Philippines is one of the developing countries in Asia that has been greatly
influenced by globalization. Globalization is the interconnectedness and
interdependence established among countries around the world. This idea of
independence typically has positive and negative effects to the economy.
However, their lower dependence on exports influences the Philippines to
receive more positive than negative effects to their economy.
Globalization has had more positive effects than negative effects in the
Philippines. Their balance of imports and exports has strengthened their
economy. In addition, the surpassing value of imports compared to exports
shows that the Philippines receive more resources than they lose. Globalization
can be related to social development, cultural, or economic. In this case,
economic globalization has had the biggest impact.
URL http://afranke1philippines.weebly.com/blog/globalization-
good-or-bad
Website Title Welcome to the Philippines
Article Title Globalization: Good or bad?
Date Accessed July 17, 2018
URL http://www.diasporaalliance.org/what-is-a-diaspora/
Website Title IdEA | Engaging diasporas in development and diplomacy
Article Title What is a Diaspora?
Date Accessed July 17, 2018
URL https://link.springer.com/referenceworkentry/10.1007%2F978-0-387-
29904-4_58
Website Title SpringerLink
Article Title Diasporas and Globalization
Date Published January 01, 1970
Date Accessed July 17, 2018