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The Double-Edged Sword of Global Integration: Weighing The Benefits and Drawbacks For The Philippines and Its People
The Double-Edged Sword of Global Integration: Weighing The Benefits and Drawbacks For The Philippines and Its People
INTRODUCTION
Throughout the years, the Philippines has seen a number of significant political
and economic changes, all of which have been significantly impacted by the increasing
political and economic integration of the world. Many other individuals had also
worldwide may have negatively affected the Philippines and its people more than
benefited. People actually argue that the country's inequality, labor exploitation, and
Some, however, believe that the program has helped to boost economic expansion and
Similarly, other individuals still bother thinking that political integrations, which
include regional trade agreements and alliances, might really jeopardize the country's
sovereignty and interests (Ortega, 2017). Some, on the distinct other side, claim that
they can improve the Philippines' position in the international world (Caballero-Anthony
& Jiloca, 2014). The argument concerning the way the Philippines and Filipinos will be
national objectives and plans of action are brought up by this query (Llanto & Briones,
2016). Analyzing the data and perspectives coming from various stakeholder groups is
essential in this situation to fully understand the long-term impacts of these integrations
REASON 1
one justification for global economic integration benefiting the Philippines and Filipinos
opportunities. If the Philippines cooperates with the world economy, it can draw more
foreign trade and investment. In order to support the transformation and modernization
of local businesses like agriculture and manufacturing, this may provide the capital and
expertise that are actually necessary (Gómez, 2016). By increasing its exports, reducing
its reliance on particular goods or markets, and strengthening its resilience to economic
shocks, the Philippines stands to gain from a more diverse global financial system
(Mendoza & Canare, 2020). Some implications of having greater competition comprise
potential price reductions for various goods and services, which might also greatly
enhance Filipinos' standards of living (Mendoza & Canare, 2020). Consequently, the
Filipino people's standard of living can improve as the price of commodities is lowered
(Gómez, 2016). Therefore, considering all of this, global economic integration has both
significant risks and benefits that cannot be ignored, despite the fact that there are
undoubtedly risks and challenges involved. Yes, we can confidently say that the
Philippines can benefit from increased global economic integration, as new jobs could
be created, local industries being expanded, and a rise in the standard of living for
Filipinos by carefully managing the risks and maximizing the benefits (Gómez, 2016;
Mendoza & Canare, 2020). But how will it go as expected? If we ever make one mistake
in this particular agenda, for sure, the country may be in a difficult situation, and thus we
COUNTERARGUMENT 1
Global economic integration may have adverse effects on the Philippines and its
people, despite the potential benefits (Asian Development Bank, 2019). The possibility
that the influx of goods and investments from abroad will harm local industries and
result in job losses is one cause for concern (World Bank, 2019). According to the World
Bank, rising competition from international businesses could make it more challenging
for local industries, especially from small to medium businesses, to remain competitive
against bigger and perhaps more established foreign businesses (World Bank, 2019).
may not find the local market appealing for long term. The foreign investment may not
always result in technology transfer or knowledge sharing (World Bank, 2019). Another
matter of concern is that global economic integration may exacerbate inequality within
the Philippines (Asian Development Bank, 2019). Although some Filipinos could gain by
obtaining broader access to overseas markets and job possibilities, most would fall
behind because individuals need to gain the skills or resources necessary to compete in
economic disparity and poverty rates have continued to exist at stubbornly high levels
economy or rather raise the standard of living as a result of global economic integration.
However, policymakers should therefore be mindful of the risks and establish strategies
for mitigating problems (Asian Development Bank, 2019). This may require funding
training initiatives to help workers learn new skills, encouraging entrepreneurship and
businesses to protect them from the unfair competition (Asian Development Bank,
2019).
Reason 2
The Philippines continues to work towards fostering its economic growth and
enable people and businesses to access information and resources from all over the
world, creating opportunities for development and innovation (Karan, 2018). For the
Philippines to maintain its competitiveness and solidify its position in the global
process outsourcing industry, which has significantly boosted the Philippine economy,
indicates how the country has adapted to technology. A report by the Business
Processing Association of the Philippines claims that the BPO sector employed over 1.2
million Filipinos in 2019, bringing in about $26 billion in revenue for the nation (BPAP,
2020). This expansion was made possible by adopting cutting-edge products and
corporate procedures from other countries, including cloud computing and customer
relationship management systems. The development of the e-commerce sector, which
is becoming more significant as more people shop online, has been adopted in the
commerce market expanded by 66% in 2020, with sales coming to about $7 billion (DTI,
2021). This development was made possible by the adoption of foreign technology,
including mobile payment systems and logistics options. It also could be contributed to
Philippine Statistical Authority, drones and satellite imagery have been found to
increase crop yields while lowering costs for farmers (PSA, 2020). The Philippines'
ability to co mpete in the global market has improved along with its agricultural output.
COUNTERARGUMENT 2
There is an inherent problem with the concept that the Philippines can expand
greatly by adopting innovations and technology from other countries. Although these
solution for the government's economic instability (Balboa, 2018). In fact, there is a
chance that the reliance on outside innovation and technology would restrict the
country's long-term growth and development. One of the primary concerns with
adapting foreign technology and innovation is the potential loss of local knowledge and
expertise (Tan, 2019). When the Philippines absorbs technology and innovation from
those other nations, it might displace local businesses and industries possessing
specialized knowledge and skills. These may result in the loss of important human
capital, which would be necessary for long-term economic success. Moreover, the
changes in global supply chains (Acosta, 2020). This may significantly impact the
stability and flexibility of the economy. Above all, the social, cultural, and economic
settings of the Philippines may not be compatible with the adaption of foreign
technology and innovation. This can lead to inefficient use of resources and failure to
address the particular problems the country is currently experiencing (Arenas, 2017).
The Philippines must thus keep hold to choose and adapt foreign technology and
REASON 3
Political integration to the extent that it benefits the Philippines and Filipinos more
than it disadvantages the country is a complicated and divisive topic (Castro & Libarios,
2020). Though some assert that political integrations can positively affect commerce
and investment, diplomatic relations, and access to new markets (Villanueva, 2018),
others argue that such advantages come at a high cost to national sovereignty, cultural
identity, and economic progress (Paz, 2019). The possibility of economic exploitation
2020). Theorists claim that larger, more powerful nations or organizations may impose
their terms on integration to further their interests, leading to unfair international trade
agreements, the exploitation of natural resources, and limited opportunities for the
growth of local industries (Tordesillas, 2022). The Philippine economy and the
livelihoods of Filipinos who might become dependent on these businesses for their
income may be negatively impacted. Some contend that political integrations may even
compromise cultural identity and national sovereignty (Paz, 2019). A long history of
colonialism and foreign influence has left the Philippines with a diversified and
distinctive cultural environment (Gonzalez, 2021). As other cultures and beliefs are
pushed on the country, critics believe political integration can diminish this uniqueness
and dismantle national identity. This will impair Filipinos' emotional and physical well-
being by causing them to feel separated from their unique culture and identity. Besides
that, political integration may bring conflict and violence (Tordesillas, 2022). The
Philippines stands the risk of being entangled in worldwide conflicts and wars as it joins
forces alongside other nations, which might threaten the country's security and stability.
Since various groups inside the Philippines can have different views on the nation's
participation in foreign issues, this might cause internal conflict and social instability
(Gutierrez, 2021).
COUNTERARGUMENT 3
Political integrations often have serious concerns about the Philippines and
Filipinos. Therefore, it's essential to acknowledge that it could positively influence the
nation and its citizens. An excellent way to expand the Philippines' access to new
markets and economic growth opportunities that will benefit the nation's economy
across the board (Racelis, 2014). The Philippines' credibility in the international
political integrations (Agcaoili-Sombilla, 2015). The Philippines may use its assets and
working with other countries to address common problems and issues by aligning itself
with other states or the most prominent organizations (Tigno, 2012). Moreover, political
integrations can promote cultural exchange and understanding between different
nations, enriching Filipinos' lives and broadening their horizons (Abueva & De Guzman,
2008). Filipinos may embrace their heritage and culture more thoroughly while gaining a
more complex view of the world through connecting with other cultures and learning
about various ways of life (Racelis, 2014). Political integration often has risks and
disadvantages, but it's important to remember that there are many benefits for the
Philippines and Filipinos (Agcaoili-Sombilla, 2015). Government officials and the public
may work to guarantee that the country may benefit from its international relationships
while still defending its interests and values by carefully weighing each integration's
potential benefits and drawbacks and taking action to avoid any unfavorable effects
(Tigno, 2012).
REASON 4
The possibility of corruption constitutes one of the significant issues with political
compromised because of the power and money at stake (Gandolfo, 2016). The
Philippines and its citizens may suffer severe consequences due to this. From
kickbacks and bribery to biases and nepotism, corruption in political integration could
take many different forms (Gandolfo, 2016). In the Philippines, corruption is rampant,
and many people have grown up around it (de Guzman, 2019). But, when political
integration agreements are open to corruption, it can have severe ramifications for the
nation (Gandolfo, 2016). Greedy conduct may result in unfavorable terms and
(Gandolfo, 2016). Big countries or agencies can use their influence to press for an
agreement that favors them rather than the Philippines (de Guzman, 2019). The
businesses, and the domination of foreign companies in regional sectors are possible
scenarios (Gandolfo, 2016). The legitimacy of agreements for political integration can
thought that they were made through unethical tactics (de Guzman, 2019). This may
cause the Philippines to lose credibility in the eyes of foreign nations or organizations
(Gandolfo, 2016). Corruption may also lead to the forfeiture of advantages and the
wasting of resources. A lack of financing for vital services and infrastructure can result
from money that should go to the Country being diverted to corrupt politicians or
authorities (de Guzman, 2019). The progress and development of the nation may need
COUNTERARGUMENT 4
Since it's clear that corruption is an issue in the Philippines, it's vital to remember
that it is a problem that is not exclusive to political integration (Manuel & Estache, 2018).
It is unreasonable to point out political integration as the only cause of corruption in the
essential to acknowledge that political integration can benefit the Philippines in various
capacities, including more investment and access to new markets (Goh, 2017). These
advantages can boost economic growth, provide employment, and raise living
standards for many Filipinos. Considering this, it's crucial to understand that corruption
could exist whether or not a country is politically integrated. Integrating politics may
Asian Nations, a country must follow specific guidelines and procedures(Goh, 2017).
Ensuring that everyone engaged is held accountable for their behavior helps decrease
the potential for corruption. Also, others contend that political integration can aid in
limiting the influence of crooked politicians and authorities (Dominguez, 2015). When a
country enters a bigger organization, it is obligated to abide by its laws and regulations,
which might reduce the ability of people to act illegally. Despite the fact that corruption is
a problem in the Philippines, it's crucial to recognize that it affects all aspects of society,
not only the political system (Manuel & Estache, 2018). Likewise, it would be unfair to
completely discredit the advantages that political unity may have for the country.
CONCLUSION
Analyzing how global integration has affected the Philippines exposes various
political and economic factors. Despite greater foreign investment and expanded trade
opportunities being among the positive outcomes of global integration, it has also voiced
concerns about long-term unemployment and unequal benefit distribution. However, the
country could not take full advantage of this opportunity brought by global integration
due to political issues, notably corruption and bad governance. Thus, the Philippine
government must emphasize policies encouraging inclusive growth and deal with the
investments in education and training to empower workers with the knowledge and
cooperation to elevate the competitiveness of the country. The drive for global
integration should be equally sustainable and beneficial to all sectors, particularly small
essential to remain alert and sensitive to the changing economic and political landscape
as the Philippines navigates the benefits and difficulties of global integration. In doing
so, the country might benefit from the potential of global integration to achieve inclusive