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    Why Philippines is still a developing country?

    Will the Philippines be more developed than Indonesia?

    Is the Philippines a conservative country?

    What is the traditional economy of the Philippines?

  2. Mar 21, 2022 · The Philippines has been one of the most dynamic economies in the East Asia Pacific region. Average annual growth increased to 6.4% between 2010-2019 from an average of 4.5% between 2000-2009. With increasing urbanization, a growing middle class, and a large and young population, the Philippines’ economic dynamism is rooted in strong consumer demand supported by a vibrant labor market and robust remittances.

  3. In most areas in the country, yes the Philippines is still a developing country. You can’t see it in the metropolitan areas like Metro Manila or Cebu or even places like Baguio up in the mountains since those places have decent infrastructure to say that people can live in relative comfort and progress.

  4. Philippines is a developing country. It can be seen in the increase of establishments, the growing number of tourists and the attraction of foreign investors and businessmen. One contributor for the country’s development is education. Many foreigners choose to study in the Philippines. They are attracted to the country’s high quality of ...

  5. The Philippines is not classed as either a LEDC or a MEDC, it is classed as a NIC (newly industrialising country). NIC is also frequently used and recognised term and are nations with economies more advanced and developed than those in the developing world, but not yet with the full signs of a developed country.

  6. Apr 13, 2018 · April 13, 2018 | 4:41pm. The country's technology industry will catapult the Philippines to become a developed country, according to data scientist Stephanie Sy. Philstar.com / Erwin Cagadas ...

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