Filipino First Policy
Filipino First ( tgl, Pilipino Muna) refers to a policy first introduced and implemented by the administration of then Philippine President Carlos P. Garcia. Under the policy, Filipino-owned business is prioritized over its foreign counterparts, and the patronizing of Filipino-made products by Filipinos was also promoted. History Under President Carlos P. Garcia The policy of Garcia, was a response to the impact of free trade and American economic dominance in the Philippines for years following the World War II. It is meant to assert greater Filipino role over the country's economy if not to gain control of it by promoting "Filipino business establishment". Garcia first instituted the policy with the issuance of Resolution No. 202 of the National Economic Council on August 28, 1958. The policy dictates that Filipinos would have preference over non-Filipinos in receiving foreign exchange. In line with the policy, Garcia pledged that his administration would assist Filipino entrep ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Policy
Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs. Public policy can be considered to be the sum of government direct and indirect activities and has been conceptualized in a variety of ways. They are created and/or enacted on behalf of the public typically by a government. Sometimes they are made by nonprofit organisations or are made in co-production with communities or citizens, which can include potential experts, scientists, engineers and stakeholders or scientific data, or sometimes use some of their results. They are typically made by policy-makers affiliated with (in democratic polities) currently elected politicians. Therefore, the "policy process is a complex political process in which there are many actors: elected politicians, political party leaders, pressure groups, civil servants, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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American Settlement In The Philippines
American settlement in the Philippines ( fil, paninirahan sa Pilipinas ng mga Amerikano) began during the Spanish colonial period. The period of American colonialization of the Philippines was 48 years. It began with the cession of the Philippines to the U.S. by Spain in 1898 and lasted until the U.S. recognition of Philippine independence in 1946. After independence in 1946, many Americans chose to remain in the Philippines while maintaining relations with relatives in the US. Most of them were professionals, but missionaries continued to settle the country. In 2015, the U.S. State Department estimated in 2016 that more than 220,000 U.S. citizens lived in the Philippines and more than 650,000 visited per year, with a significant mixed population of Amerasians and descendants from the colonial era as well. The United States invaded the Philippines, which was then governed by Spain as the Spanish East Indies, during the Spanish–American War. During that war, Philippine revolut ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic History Of The Philippines
The economic history of the Philippines chronicles the long history of economic policies in the nation over the years. 1973–1986 After experiencing years of positive growth, the Philippine economy between 1973 and 1986 suffered a downturn due to a mixture of economic mismanagement and political instability amidst a global economic recession. Declaration of martial law President Ferdinand E. Marcos declared martial law in the midst of rising student movements and an increasing number communist and socialist groups lobbying for reforms in their respective sectors. Leftists held rallies to express their frustrations to the government, this restiveness culminating in the First Quarter Storm, where activists stormed Malacañang Palace only to be turned back by the Philippine Constabulary. This event in particular left four people dead and many injured after heavy exchanges of gunfire. There was further unrest, and in the middle of the disorder on September 21, 1972, Marcos issu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic Policy In Asia
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Constitution Of The Philippines
The Constitution of the Philippines (Filipino: ''Saligang Batas ng Pilipinas'' or ''Konstitusyon ng Pilipinas'', Spanish: ''Constitución de la República de Filipinas'') is the constitution or the supreme law of the Republic of the Philippines. Its final draft was completed by the Constitutional Commission on October 12, 1986, and ratified by a nationwide plebiscite on February 2, 1987. Three other constitutions have effectively governed the country in its history: the 1935 Commonwealth Constitution, the 1973 Constitution, and the 1986 Freedom Constitution. The earliest constitution establishing a "Philippine Republic", the 1899 Malolos Constitution, was never fully implemented throughout the Philippines and did not establish a state that was internationally recognized, due in great part to the eruption of the Philippine–American War. Background of the 1987 Constitution Ruling by decree during the early months of her tenure as a president installed via the People Power ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Foreign Capital
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." A typical example is the machinery used in factories. Capital can be increased by the use of the factors of production, which however excludes certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. The total physical capital at any given moment in time is referred to as the capital stock (not to be confused with the capital stock of a business entity). Capital goods, real capital, or capital assets are already-produced, durable goods or any non-fi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chinese Filipino
Chinese Filipinos; tl, Tsinoy, / Tsinong Pilipino, ; Philippine Hokkien , Mandarin (also known as Filipino Chinese in the Philippines) are Filipinos of Chinese descent, mostly of southern Fujianese ancestry, where the majority are born and raised in the Philippines. Chinese Filipinos are one of the largest overseas Chinese communities in Southeast Asia. Chinese immigration to the Philippines occurred mostly during the Spanish colonization of the islands between the 16th and 19th centuries, attracted by the lucrative trade of the Manila galleons and since the late 20th century. In 2013, according to the Senate of the Philippines, there were approximately 1.35 million ethnic (or pure) Chinese within the Philippine population, while Filipinos with any Chinese descent comprised 22.8 million of the population. However, the actual current figures are not known since the Philippine census does not usually take into account questions about ethnicity. Chinese Fil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chinese People
The Chinese people or simply Chinese, are people or ethnic groups identified with China, usually through ethnicity, nationality, citizenship, or other affiliation. Chinese people are known as Zhongguoren () or as Huaren () by speakers of standard Chinese, including those living in Greater China as well as overseas Chinese. Although both terms both refer to Chinese people, their usage depends on the person and context. The former term is commonly used to refer to the citizens of the People's Republic of China - especially mainland China. The term Huaren is used to refer to ethnic Chinese, and is more often used for those who reside overseas or are non-citizens of China. The Han Chinese are the largest ethnic group in China, comprising approximately 92% of its Mainland population.CIA Factbook "Han Chinese 91.6%" out of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ethnic Groups In The Philippines
The Philippines is inhabited by more than 182 ethnolinguistic groups, many of which are classified as "Indigenous Peoples" under the country's Indigenous Peoples' Rights Act of 1997. Traditionally-Muslim peoples from the southernmost island group of Mindanao are usually categorized together as Moro peoples, whether they are classified as Indigenous peoples or not. About 142 are classified as non-Muslim Indigenous People groups, and about 19 ethnolinguistic groups are classified as neither indigenous nor moro. Various migrant groups have also had a significant presence throughout the country's history. The Muslim-majority ethnic groups ethnolinguistic groups of Mindanao, Sulu, and Palawan are collectively referred to as the Moro people, a broad category which includes some indigenous people groups and some non-indigenous people groups. With a population of over 5 million people, they comprise about 5% of the country's total population, or 5 million people. The Spanish called ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Foreign-exchange Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leaving ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |