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The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
The historical origins of globalization (also known as historical globalization) are the subject of ongoing debate. Though many scholars situate the origins of globalization in the modern era (around the 19th century), others regard it as a phenomenon with a long history, dating back thousands of years (a concept known as archaic globalization).
November 4 The Philippine Commission enacts the Sedition Act December 14 An earthquake estimated of magnitude 7.8 shakes Lucena City. 1902 January The first labor union of The Country, Union de Litografose Impresores de Filipinas, is organized. January 21 The Philippine Commission calls for the organization of Public Schools in the Philippines.
History of transportation in the Philippines (2 C, 1 P) Pages in category "Economic history of the Philippines" The following 23 pages are in this category, out of 23 total.
But as globalization progresses and the number of interdependencies increases, the global level is also highly relevant to a far wider range of subjects, such as climate change, environmental protection and sustainability in general. [citation needed]
Paradoxically, foreign trade grew at a much faster rate during the protectionist phase of the first wave of globalization than during the free trade phase sparked by the United Kingdom. [2]: 76–77 Unprecedented growth in foreign investment from the 1880s to the 1900s served as the core driver of financial globalization.