Philippine in the Globalization

The changes made about by being one of those who have an open market is something that brought a lot of improvement and development. Though, as history goes, it takes a lot of blood and sweat, and sacrifices before we Filipinos were able to feel the "good" side of the change.
The term "globalization" has acquired considerable emotive force. Some view it as a process that is beneficial—a key to future world economic development—and also inevitable and irreversible. Others regard it with hostility, even fear, believing that it increases inequality within and between nations, threatens employment and living standards and thwarts social progress. This brief offers an overview of some aspects of globalization and aims to identify ways in which countries can tap the gains of this process, while remaining realistic about its potential and its risks.
Globalization offers extensive opportunities for truly worldwide development but it is not progressing evenly. Some countries are becoming integrated into the global economy more quickly than others. Countries that have been able to integrate are seeing faster growth and reduced poverty. Outward-oriented policies brought dynamism and greater prosperity to much of East Asia, transforming it from one of the poorest areas of the world 40 years ago. And as living standards rose, it became possible to make progress on democracy and economic issues such as the environment and work standards.
The question then is, does the Philippines really get the benefits that globalization somehow will bring to the country? Weighing its good and the bad effects, which side do our country had more? What can possibly be done to maximize the good effect of globalization in our country?

Research more and Good Luck.

Maam Cheng