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By: Cathy s. thuamsum Date: January 26, 2012 Philippines 2050 Philippine Daily Inquirer 1:03 am | Monday, January 23rd, 2012 40share700654 The closing this week of the year-long quadricentenary celebration of the University of Santo Tomas and the astounding report by the international bank HSBC that the Philippines would become the worlds sixteenth doublest economy by 2050 by virtue of improving macro-economic fundamentals, its large population and rising education standards, should impress upon naysayers, many of them Filipinos themselves, that the pastoral must be doing something right all along. Because it was released in the run-up to Mondays Chinese Lunar New  family, the HSBC report, The World in 2050, has been met with incredulity, with critics attributing it to the geomancy typical of the season. But the report merely confirms, albeit in bolder terms, the wax of the pacific Century, which has been heralded close to a generation ago. closely of the forecast largest economies and star performers, like the Philippines, Peru and Mexico, are in the Pacific Rim. When he was president (1992-1998), Fidel V.

 Ramos made Philippines 2000â€"that is, the rise of the country as a dragon economyâ€"his centerpiece. He could at to the lowest degree now take comfort in the fact that his vision has been more or less reaffirmed by the HSBC during, propitiously enough, the Year of the Dragon. But even if the bank says that Philippine growth would be the most dramatic since it would leapfrog by 27 notches from its veritable status, Filipinos want more. Why wait for 38 years before the Philippines? The answer is that all of the nations struggles are rive of its learning curve. What the Philippines should do is to embrace the present with all its challenges. To be sure, the report does not consider how the communist and Muslim conflicts, both(prenominal) incidentally some 40 years old now, whitethorn dampen Philippine growth.... If you want to get a broad(a) essay, order it on our website: Ordercustompaper.com

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