The Philippines has splendid beaches in the Pacific Ocean, with over 7,100 islands all over Luzon, Visayas, and Mindanao. This impeccable gift makes the Philippines a unique country rich in natural and minerals, abundant in marine resources, and diverse agricultural sectors from fisheries, livestock, farmers, and forestry. Therefore, unsurprisingly, a high volume of products and goods from the Philippines is in demand for exporting section.
The Philippines is the 8th largest exporter of exotic and tropical fruits globally, with over 400 Million US$ in total export of Tropical fruits yearly. The highest demand for the export of tropical fruits or exotic fruits are bananas, mangoes, papayas, avocados, coconuts, and pineapples. Aside from tropical fruits, the Philippines also export manufactured and electronics products.
Despite the Philippines accelerating from an economic standpoint and the growing GDP or Gross Domestic Product, the Philippines is still a developing country. Yet have been continuously compared to Korea and Japan, which needs to level up and coop with these neighboring countries. The Philippines is one of the 3rd world countries requiring a higher GDP to consider rich Asian countries. The GDP should be more than the Philippines’ income per capita per Filipino to support an average family in the Philippines, which requires a higher basic salary; otherwise, an average Filipino barely survives daily.
Therefore, to help the economy and the growing population, the Philippine government is one of the highest workforces in Asia countries that support the workforce demands from other countries and sustain their needs by sending Filipino workers to work for their country with various skills from Filipino workers. This way sending Filipino workers globally can help support the basic needs of the OFW’s family left in the Philippines. Concluding, 1.8 million Filipino are working abroad with various skills to offer to the foreign land in return for a brighter future and better opportunities.
The OFW remittances every month to their loved ones in the Philippines are a huge factor in helping the GDP development inside the Philippines. This way, the GDP accelerates constantly. As a mere fact, the more people spend as a consumer, the more the economy becomes vigorous. However, the impact of this type of economy has been dangerous for many OFWs who sacrifice and put their lives at risk enabling them to sustain better financial stability for their family in the Philippines. Being an OFW could result in depression, abuse from the foreign employer, mental health is at stake, and the safeguard of an OFW becoming a life-threatening is just one of the factors to consider.
However, without the OFW’s heroism and braveness enough to take action for the sake of their loved ones, the Philippine economy will continue to crawl and tumble down. What would happen if all those 1.8 million Overseas Filipino Workers came home to the Philippines? What will be the economic effect on the country? Thus, It is clearly shown that the remittances of every OFW sent to the Philippines are a vast help and a contribution to the financial standpoint of every family member of the OFW in the Philippines.
Despite the help of the export of goods yearly and the OFW’s remittances, including business and investors, the Philippines remains one of the poorest countries in Asia. In a report analysis, one of the reasons why the Philippines is still a developing country is because of the malfunctioning management run by corruption agencies, not generalizing some politicians, poor educational system, poor health care, always being hit by tropical disasters, overpopulation for such a small country, drugs problem, the government is a disfunction system etch.
Therefore, the combat in the Philippines against poverty and hunger is a massive help to advocate hunger due to poverty caused by so many reasons. Everyone wishes the best result for the Philippine Government in developing a better way to fix the dysfunctional system of the country, and so positive cooperation for everyone for the Philippines to succeed not just being known as a very responsible, smiling Filipino, rich in beaches but also to become a well off country and not a developing 3rd world country.
