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THE ECONOMY OF THE
PHILIPPINES
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According to White (2010), during the American employment, the
Philippines mainly supplied the United
States (U.S.) with agriculturalmerchandise. Today, the rural
sectoronly supplys 13.6% to the nations
GDP.
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This companycommons in Cebuis one ofmany which support agrowing
backoffice processing
companyin the Philippines. With the third biggest English
speakingpopulationin the globe, the
nations BPO sectoris predict toproduce $1 billion by 2010.
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Philippines
Manila, the 11th most populous metropolitanareain the worldwide,
continues to be a rapidgrowingcenterof
the nations financial.
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According to White (n.d.), with more that 300 million farmers,
China status is first in ruraloutput.
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China has overtaken Japanand the United State (U.S.) as the
numberone steelmakerin the globe with ayearly
output of489.0 million tons.
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Nanjing is situated in one of Chinas most important economic
zones, the Yangtze RiverDelta
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According to White (n.d.), beginning with humble origins as a
small seaport trading rubberSingapore has been ranked the worlds
busiest shipping tonnage since 1986
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According to White (n.d), Singapore became the export
centerforrubberby the endofthe 19th
century.
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According to White (n.d.), with its strategiclocation, Hong Kong
serves as apivotaldistributioncenterof
goods from China. Once the busiest seaport in the world, the
city has beendisplaced by Singapore. YetHong has also beenvoted the
most competitive economyinAsiaand the easiest place toraise
capital.
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Hong Kongis aperfect fusionofEast and West. Students in British
schooluniforms gatherona
Hong Kong stairway heralding the advent ofthe Beijing 2008
Olympics, a source ofpride and hope in
China.
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BloombergNews. (2011). China export growth shows economy
tolerating rate increases. RetrievedonApril 10, 2011. From
http://www.businessweek.com/news/2011-04-10/china-export-growth-shows-economy-tol
Central Intelligence Agency . (2011). The world factbook.
RetrievedonApril 10, 2011. From
http://www.cia.govv/library/publications/the-world-factbook/geos/sn.html
White, T. (n.d.). China: rising red star over the east.
RetrievedonApril 10, 2011. From
http://www.thomaswhite.com/explore-the-world/china.aspx
White, T. (n.d.). Hong Kong: a symphony of lights.
RetrievedonApril 10, 2011.
Fromhttp://www.thomaswhite.com/explore-
the-world/hong-kong/.aspx
White, T. (2010). Philippines. RetrievedonApril 10, 2011.
Fromhttp://www.thomaswhite.com/explore-the-
world/philippines.aspx
White, T. (n.d.). Singapore: the jewel in Asias crown.
RetrievedonApril 10, 2011. From
http://www.thomaswhite.com/explore-the-world/singapore.aspx
