Professional Documents
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GED105A5M1
GED105A5M1
more unified and interlinked than before. This helps ease connections that leads to
links, economies gain from the information and knowledge and education of others, and
discover how to reproduce or alter minds to support their own needs. The rising
confidence and establish the foundation of the flow of information that is accessible.
Despite international uncertainty aspects constantly shifting, the global political and
economic condition has mostly been characterized as beneficial, equal and open.
Businesses and economies are no longer separate entities; they are now part of a
process. Not only does this global network make it easier to trade goods and services,
but it also makes it easier to share ideas and the best ways to do things. This can lead
knowledge sharing becomes an important part of economic growth. Countries turn into
schools where cultural and educational exchanges build on local knowledge and
Also, when economies are interdependent, both countries have a stake in the
stability and prosperity of the other, which makes foreign relations more cooperative.
This economic relationship can make countries less likely to fight with each other
because they see value in working together instead of competing. The digital age
speeds up this trend even more by making information more accessible to everyone.
This means that even people in rural areas can join the global market and add to a pool
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of knowledge. As the world becomes more linked, it is important to think about how
these changes affect not only economies but also social and cultural landscapes.
This highlights the need for policies that include everyone and make sure that
everyone benefits from globalization. The rate of international economic change in the
past decades show how far the developments are. This has been moving on for
thousands of years, and the origins as well as the impact have much context today.
Labor relations and economic opportunity produces general pressures that create
flexible and aggressive work regimes that balance development and interest. Economic
integration open so many opportunities in the Philippines including the one associated
with global competitiveness wherein local businesses can already market their product
Integration gives Filipino businesses access to wider markets for their services
and goods, thereby increasing the opportunities relating to export and potential
economic growth. By participating in global markets, the Philippines can reduce its
economic vulnerability to economic downturns in specific regions. Not only that, it also
allows the Philippines to be known in different countries not only because of the talents
and skills that the citizens possess, but by the products that are worthy, and somehow
of high quality.
Economic integration didn't just introduce a large market and made businesses
internationally known as it is evident how it improves the quality of the products being
offered. Through integration local industries and different institutions were able to
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promote knowledge through exchange as well as technology passage through
efficiency and innovation and as the demand of the markets increases, this opportunity
competitiveness especially when it comes to the measures that helps in maximizing the
On the other hand, global political integration including initiatives like international
participating and joining in associations, meetings and forums like the United Nations,
the Philippines can acquire a platform wherein they can express their interests and
concerns on various international related issues. It also allows the country to be able to
develop policies and agenda that enhance the relations and treaties to the world.
each may collaborate not just on planning, but also in execution of a project to facilitate
and found a movement of services as well as people across the borders. Integration
hears the voices of each country as they pursue their interests and advocate in order to
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As part of the initiative relating to global political integration, the country has been
with trading, human rights, and environment. Integration promotes compliance not just
to the rule of law and other domestic civil liberties, but also in equality and justice. It
provides opportunities to grow, to prosper, and understand a diverse and ever changing
environment.
stability of the system. Through the shared responsibilities which often aligned with the
interests and political systems, the country can able to consider the citizens as it is for
the benefit of all participating states. Integration can organize and streamline
conflict, preserve the lawful rights, and negotiate and transact with other countries as it
addresses challenges.
the country as it is beneficial in developing not just the policies that we have, but also
the businesses that contributed in the increase of the growth of the economy as they
became competitive globally. The rising economic dependency between nations makes
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References:
Alburo, F., (ND). Economic and Political Dynamics in Philippine Development. Retrieved
https://pre.econ.upd.edu.ph/index.php/pre/article/download/944/863
CFI Team. (2024). Economic Integration. Retrieved on March 16, 2024 from
https://corporatefinanceinstitute.com/resources/economics/economic-integration/
Salcedo, J., (2023, May 24). Philippine International Trade Participation: Key to Boost
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4454229#:~:text=It
%20stimulates%20economic%20growth%2C%20provides,and%20development
%20in%20the%20Philippines