Thursday, August 9, 2012

An Analysis of the Philippines (Part 2)

As I posted in the first part of my analysis of the Philippines, the country is headed for greatness now, more than any other time. 

The country’s GDP is increasing at a good rate in the midst of declines of other big economies. It is also very worthwhile noting that a good percentage of the Philippine GDP is fueled by domestic spending. It means that consumption is high and it is fueling the growth of the economy.

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