Globalization deeply affects the values and structure of Philippine society. The State has a responsibility of protecting its citizenry and environment to the possible make of it. Globalization is not the cure- alone answer for our economic woes. in that respect atomic number 18 more things to life than a competitive grocery or liberalization. It does automatically lead to economic growth, much little societal evolution and progress. There are other dimensions and considerations in the development of a nation. There needs to be a societal framework and a set of institutions to ensure the grab and justified working of an open market economy.
Economic performance is to a great extent dependent on the vitality of institutions outside the economy - the institutions of political, cultural, and hearty life as well as institutions that ensure the single of nature. The economy dies if society around it dies. Markets are important save they need the support of the appropriate institutions to function properly and effectively. A vibrant culture and a just polity are essential for an efficient economy.
The Philippine Agenda 21 is the uncomparable response of the country to global challenges. It embarked on a threefolding stakeholdership as a means to achieve a more grieve economy within the context of sustainable development. This participatory activity involves the civil society representing culture, government representing polity and business representing the economy.
This development approaches have more chances of working since the development perspective encompasses all dimension of society. In order to fully participate in globalization without sacrificing national interest and patrimony, the State must savoir-faire the five goal elements of PA 21 namely, poverty reduction, mixer equity, empowerment and good governance, peace and solidarity and ecological integrity.
Globalization brings fears to the Filipino workers. The accrue of protectionism and other barriers to trade contribute much to the uncertainties that workers face...
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