BASIC ECONOMIC PROBLEMS AND THE

PHILIPPINE SOCIOECONOMIC DEVELOPMENT

IN THE TWENTY-FIRST CENTURY
 DEFINE GROSS
NATIONAL
PRODUCT AND
GROSS DOMESTIC
PRODUCT

Add a Footer 2
 Gross National Production (GNP) is the total income
of all residents of a nation, including income from
factors of production, used abroad, and the total
expenditure on a nation's output of goods and
services.

Gross Domestic Product (GDP) is the total income

earned domestically including the income earned by
foreign-owned factors of production, the total
expenditure on domestically-produced goods and
services.

Add a Footer 3
 GNP vs. GDP

JAPAN USA

Add a Footer 4
 GDP = C + I + G + (EX - IM)

where “C” equals spending by

consumers, “I” equals investment by
businesses, “G” equals government
spending and “(Ex - Im)” equals net
exports, that is, the value of exports
minus imports.

Add a Footer 5
 ANA LYZE THE EFFEC T
OF FOREIGN DIR EC T
INVESTMENT TO
ONE’S COUNTRY

Add a Footer 6
 TITLE

is an investment in the
form of a controlling
ownership in a business in
one country by an entity
based in another country.

Foreign Direct
Investment
Add a Footer 7
 REALIZE THE OFW
REMITTANCES IN
OUR COUNTRY

Add a Footer 8
 OV ER TH E R EC E N T
Y EA RS T H E
PH I L I PPI N ES H A S
S E E N GROW T H R AT ES
B E T W EEN 5 % TO 6 % .

Add a Footer 9
 T H E R EA S O N , I T I S
B EC AU S E O F T H E
I N C R EA S E I N T H E
R E M I T TA N C ES F RO M
OV E RS EA S F I L I P I N O
WO R K E RS ( O F W )

Add a Footer 10
 DIFFERENTIATE
INCLUSIVE AND
EXCLUSIVE GROWTH

Add a Footer 11
 Inclusive growth simply means
the growth or progress of a country

INCLUSIVE such that each and every citizen

VS. benefits from the growth. Exclusive

EXCLUSIVE growth on the other hand leaves a

sizeable lot of population deprived of
the fruits of growth.

Add a Footer 12
 THANK YOU
SUBTITLE GOES HERE

Add a Footer 13
 Click icon to add picture

• Surf in the
Internet and list
down the basic
economic
problems in the
ASSIGNMENT ½` Philippines and
give some
solutions of these
problems.

Add a Footer 14