100%(1)1 out of 1 people found this document helpful
This preview shows page 1 - 2 out of 3 pages.
Self-Test #2Aguilar, Wea Dona M.Bachelor of Arts in Political Economy 1-2Write a short paper (1,000 words min) that addresses the contemporary condition of thePhilippines by applying both the dependency theory and the world system theory. By doing so,students must apply the theories discussed in this module to shed light on the presentcircumstance of the country's economy. Students are advised to use newspaper articles to tryand make sense of the Philippine's position in the world economy. Philippine Colonialism by Spain destroyed our cultural pattern of production. We weretaught that our sole purpose is to supply the larger communities, as John Stuart Mill argued, anEnglish economist and philosopher. We were forced to do labor for the core countries and withtheir influence, we continue to fit with their standard and mold in the economic hierarchy of theworld economy, we become dominated by interests and policies that originate from corecountries. As time pass by, the Philippines was declared as a developing country, but why arewe still dependent on the core countries and it is hard for our country to become a core country?There were theories as to why developing countries fail to develop or couldn’t catch up todeveloped countries are because of the lack of rapid convergence, which happens because astate has little incentives to be able to open their markets internationally wherein countries havemore advanced technologies, or a state is composed of poor political institutions which stoppeda certain nation from developing. Since the winning of Rodrigo Duterte for the presidentialelections, he launched several projects and programs to increase the economic rate andindustrialization in the country and also decrease the poverty rate, unemployment rate, andcrime rate in the country. First is the famously infamous “War on Drugs” carried and led by theformer PNP Chief Ronald de la Rosa, this project is known for violating basic human rights bykilling suspected criminals without proper and thorough investigation. Extrajudicial killingscontinue to occur for political activists, Community leaders, and Human rights defenders underDuterte Administration. In terms of economy, the Philippines has been reported to be doing