Philippines
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About
The Philippines
Philippines
Population: 86,241,697 (July 2004 est.)
Languages: Filipino (based on Tagalog) and English; eight major
dialects - Tagalog, Cebuano, Ilocan, Hiligaynon or Ilonggo,
Bicol, Waray, Pampango, and Pangasinense.
Capital: Manila
Government Type: Republic
Independence Day: 12 June 1898 (from Spain)
Legal System: Based on Spanish and Anglo-American law; accepts
compulsory ICJ jurisdiction, with reservations.
Currency: Philippine peso (PHP)
Executive
Branch:
Chief
of State: President Gloria MACAPAGAL-ARROYO (since 20 January
2001); note - the president is both the chief of state and head
of government.
Head of Government: President Gloria MACAPAGAL-ARROYO (since
20 January 2001); note - the president is both the chief of
state and head of government cabinet: Cabinet appointed by the
president with the consent of the Commission of Appointments.
American
Embassy: 1201 Roxas Boulevard, Manila
Mailing Address: PSC 500, FPO AP 96515-1000
Telephone: [63] (2) 523-6300 FAX: [63] (2) 522-4361
General Overview: The Philippine Islands became a Spanish colony
during the 16th century; they were ceded to the US in 1898 following
the Spanish-American War. The islands attained their independence
in 1946 after Japanese occupation in World War II. The 21-year
rule of Ferdinand MARCOS ended in 1986, when a widespread popular
rebellion forced him into exile. In 1992, the US closed its
last military bases on the islands. The Philippines has had
a series of electoral presidential transitions since the removal
of MARCOS. The government continues to struggle with armed Muslim
insurgencies in the south.
Economic
Overview: The Philippines was less severely affected by the
Asian financial crisis of 1998 than its neighbors, aided in
part by annual remittances of $6-7 billion from overseas workers.
From a 0.6% decline in 1998, GDP expanded by 2.4% in 1999, and
4.4% in 2000, but slowed to 3.2% in 2001 in the context of a
global economic slowdown, an export slump, and political and
security concerns. GDP growth accelerated to 4.4% in 2002 and
4.2% in 2003, reflecting the continued resilience of the service
sector, gains in industrial output, and improved exports. Nonetheless,
it will take a higher, sustained growth path to make appreciable
progress in poverty alleviation given the Philippines' high
annual population growth rate and unequal distribution of income.
The MACAPAGAL-ARROYO Administration has promised to continue
economic reforms to help the Philippines match the pace of development
in the newly industrialized countries of East Asia. The strategy
includes improving the infrastructure, strengthening tax collection
to bolster government revenues, furthering deregulation and
privatization of the economy, enhancing the viability of the
financial system, and increasing trade integration with the
region. Prospects for 2004 will depend on the economic performance
of two major trading partners, the US and Japan, and on increased
confidence on the part of the international investment community.
International
Disputes: Involved in complex dispute with China, Malaysia,
Taiwan, Vietnam and possibly Brunei over the Spratly Islands,
known locally as the Kalayaan (Freedom) Islands, the 2002 "Declaration
on the Conduct of Parties in the South China Sea," has eased
tensions but falls short of a legally binding "code of conduct"
desired by several of the disputants; Philippines retains a
claim to Malaysia's Sabah State in northern Borneo based on
the Sultanate of Sulu's granting the Philippines Government
power of attorney to pursue a sovereignty claim.
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