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Philippines

Philippines                                
The Philippines (Listeni/ˈfɪlɨpiːnz/; FI-lə-peenz; Filipino: Pilipinas [ˌpɪlɪˈpinɐs]), officially known as the Republic of the Philippines (Filipino: Repúblika ng Pilipinas), is a sovereign island country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam. The Sulu Sea to the southwest lies between the country and the island of Borneo, and to the south the Celebes Sea separates it from other islands of Indonesia. It is bounded on the east by the Philippine Sea. Its location on the Pacific Ring of Fire and its tropical climate make the Philippines prone to earthquakes and typhoons but have also endowed the country with natural resources and made it a mega diverse country. Covering almost 300,000 square kilometers (115,831 sq mi) makes it the 73rd largest independent nation and an archipelago comprising 7,107 islands, the Philippines is categorized broadly into three main geographical divisions: Luzon, Visayas, and Mindanao. Its capital city is Manila.

Population: 105,720,644

Economy
A newly industrialized country, the Philippine economy has been transitioning from one based on agriculture to one based more on services and manufacturing. Of the country's total labor force of around 38.1 million, the agricultural sector employs close to 32% but contributes to only about 14% of GDP. The industrial sector employs around 14% of the workforce and accounts for 30% of GDP. Meanwhile the 47% of workers involved in the services sector are responsible for 56% of GDP.

The unemployment rate as of July 2009 stands at around 7.6% and due to the global economic slowdown inflation as of September 2009 reads 0.70%.  Gross international reserves as of July 2011 are $75.174 billion.  In 2004, public debt as a percentage of GDP was estimated to be 74.2%; in 2008, 56.9%.  Gross external debt has risen to $66.27 billion.  The country is a net importer.

After World War II, the country was for a time regarded as the second wealthiest in East Asia, next only to Japan.  However, by the 1960s its economic performance started being overtaken. The economy stagnated under the dictatorship of Ferdinand Marcos as the regime spawned economic mismanagement and political volatility.  The country suffered from slow economic growth and bouts of economic recession. Only in the 1990s with a program of economic liberalization did the economy begin to recover.
Source: http://www.ask.com/web?q=Detailed+Map+of+the+Philippines&qsrc=466&o=0&l=dir&qo=relatedSearchNarrow
 

  

Philippine Embassy in Beijing
H.E.Mrs.Erlinda F. Basilio,Ambassador Extraordinary and Plenipotentiary
#23 Xiushui Beijie, Jianguomenwai, Beijing, 100600
Office Hours: 8:30 am -5:30 pm Mondays to Fridays
Tel:+86-10-65321872
Tel:+86-10-65322451
Fax:
Embassy: +86-10-65323761
Consular: +86-10-65321921
Email: beijing.pe@dfa.gov.ph  ph@philembassychina.org

 

 




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