The Effects of Globalization on the Phillipines and India

Topics: Globalization, World Trade Organization, Philippines Pages: 5 (2033 words) Published: February 25, 2012
The Effects of Globalization on the Philippines and India
Lloyd Wood

In this paper the author will briefly look at the globalization of two nations, the Philippines and India. We will look at each country before globalization, the turning point where globalization began for each nation, and finally the effects of globalization on each country. This writer believes it can be successfully argued that the globalization of each country has improved the overall standard of living in each country. We will also look at the positive and the negative effects globalization has brought to each nation. Globalization In The Philippines

The Philippines Before Globalization
Throughout the last century the Philippines has been a nation with many separate ethnic groups within its boundaries. Its seven ethnic groups ( more depending on the method one uses to differentiate the population) are scattered over 7,000 islands (Banlaoi 2005). The Philippines pre-1995 was a country whose economy was largely based on agricultural production and on a small part on mineral resources such as copper, gold, chromium, and iron. It has been estimated that 90 % of Philippines' minerals have been undeveloped . Filipino government was authoritarian and considered weak, corrupt, and run by ruling families, clans, landlords and business. While the country regularly held elections, they were considered a farce as the ruling powers could easily influence and buy the outcome of elections to keep the status quo intact. It's no wonder then the government suffered low morale, corruption, and limited technological skills. All of these issues resulted in keeping the country from having a cohesive socioeconomic organization (Villanueva 21). Poverty has been a major problem for the Philippines. In country of 80 million people it is estimated that over 14 million live in poverty. Filipino religious background has been dominated by Christianity, first by Roman Catholicism brought by early Spanish rulers and later with Protestantism brought by the United States' rule in the 20th century. Muslim has been a growing influence and population (Banlaoi 2005). How Globalization started in The Philippines

The turning point for globalization for the Philippines came in 1995 when the country signed an agreement to join and work with the World Trade Organization. The World Trade Organization-WTO (this is greatly simplified) does three things for membership countries. First, binding agreements help govern international trading commerce. Second, the WTO helps commerce between nations flow as freely as possible. Finally the WTO assists international commerce settle trade disputes within the its agreements. The joining of the World Trade Organization was a direct and intentional action by the Philippines which had an overall positive effect albeit with some negative reactions, as will be mentioned later by portions of the populace (WTO 2011). How Globalization Changed the Philippines

Joining the World Trade Organization has liberalized the government of the Philippines. While it no longer has the totalitarian regime that reigned in the 70's which caused many to leave the country, they faced some major problems in globalization. Its corruption and long established ethnic and regional rulers railed against loss of power and revenue verses what would be good for the Philippine people. Overall Global Globalization establishes a middle class or expands a middle class wherever it takes hold and the Philippines is no exception. The middle class has benefited from the developing of minerals which have made the Philippines a leader in the exports of electronics and semi-conductors. Jobs have also increased in the service sector. One journalist wrote that in one city he...
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