Philippine Economy

Our economy is a study in contrasts. We have poverty in the midst of plenty; we have rapidly expanding industries like computer software and medical technology, and dying industries like shipbuilding, textiles and consumer electronics. Every economy will use the best available technology. At times, because a country cannot afford the most up-to-date equipment, it will use older machinery and tools. That country really has a capital problem rather than a technological one.

The Philippine economy has been growing steadily over decades. The Philippines' economy is strong and is still growing along side the growth of technology.

As a newly industrialized country, the Philippines is still an economy with a large agricultural sector; however, services have come to dominate the economy. Overseas Filipino workers are good benefit for the economy. Call center agents are part of the economy of the Philippines, aiming to provide fresh sources of jobs.

Philippine economy continues to struggle extremely limited financial resources while attempting to meet the needs of a rapidly expanding population.

As the economy in the Philippines becomes more and more inflated, the poor in every community are being deeply affected

Philippine economic crisis is partly due to the preferences of ordinary citizens to buy foreign made goods.

I think our economy is always up and down--always depends on who's the president. Now, i can’t really state if the Philippine economy will still undergo to financial crisis.