GLOBAL

AND
PHILIPPINE
DEVELOPME
NT
 GLOBAL AND PHILIPPINES
DEVELOPMENT

 GLOBAL DEVELOPMENT
 THE STATE OF PHILIPPINE DEVELOPMENT
 PHILIPPINE ECONOMY
 GLOBAL DEVELOPMENT

NEW YORK HO CHI MINH, VIETNAM

 The world is composed of more than 187 countries.
 These countries can be categorized: DEVELOPED COUNTRIES,
NEWLY INDUSTRIALIZING COUNTRIES, DEVELOPING
COUNTRIES and UNDERDEVELOPED COUNTRIES

DEVELOPED COUNTRIES
 It can be defined through economic growth and security,
 The most commonly criteria for evaluating the degree of development
is to look at gross domestic product (GDP), the per capita income
(income per person), level of industrialization, amount of widespread
infrastructure, and general standard of living.

Examples of developed countries with “very high human development”:

JAPAN, HONG KONG, SINGAPORE, CANADA, UNITED STATES,
AUSTRALIA, NEW ZEALAND, FRANCE, NORWAY, UNITED
KINGDOM, GERMANY and SWITZERLAND in WESTERN
EUROPE.

“high human development” are Mexico, Saudi Arabia, Russian

Federation, Lebanon, Brazil, Uruguay, and Peru.
DEVELOPING COUNTRIES are in general countries which have not achieved a significant
degree of industrialization relative to their populations, and which have, in most cases a
medium to low standards of living. In these countries, the average income is lower than in
developed countries, the economy relies on a few export crops, and farming is done using
primitive methods.
Some examples of countries with “medium human development” are JORDAN, SRI LANKA,
CHINA, THAILAND, MONGOLIA, SYRIA, HONDURAS, INDIA, PALESTINE, and
INDONESIA

An UNDERDEVELOPED COUNTRY is a nation which, compared to others, lacks

industrialization, infrastructure, developed agriculture, and developed natural resources, and
which suffers from a lower per capita income as a result.

Some examples of countries with “low human development” are PAKISTAN,

BANGLADESH, NEPAL, and MYANMAR in ASIA; and KENYA, NIGERIA, UGANDA,
SUDAN, IVORY COAST, ZIMBABWE, CHAD, CONGO, and ETHIOPA in AFRICA
 PHILIPPINE ECONOMY
 Is the world's 34th largest economy by nominal GDP
 according to the 2017 estimate of the 
International Monetary Fund's statistics.
 It is the 13th largest economy in Asia, and the 3rd largest
economy in the ASEAN after Indonesia and Thailand.
 The Philippines is one of the emerging markets and is the
sixth richest in Southeast Asia by GDP per capita values,
after the regional countries of Singapore, Brunei, Malaysia,
Thailand and Indonesia.
 The Philippines is primarily considered a 
newly industrialized country, which has an economy
transitioning from one based on agriculture to one based
more on services and manufacturing.