A Paper as a World Bank Employee Essay
As a World Bank Employee, it seems that the Republic of the Philippines located in South-East Asia would be a perfect candidate for economic reforms that an international organization like the World Bank can offer. The Philippines is an archipelagic country with over seven thousand islands under its territory. The three big islands act as a center point of activities in the country while power is mostly concentrated on the National Capital Region or NCR in Manila, its capital.
The island nation has a rich and diverse history and culture having been historically colonized by powers such as Spain, the United States, Japan and back to the United States again before declaring themselves independent. It stands as a proud democratic country and is at the forefront of development in the region, as such, it is now faced with increasingly almost insurmountable odds that hinder its development and chief among them is widespread poverty compounded with overpopulation.
Being an employee of the World Bank, the first obvious place I would look for data concerning the Philippines would be our own databases and websites (www. worldbank. org). As a matter of accuracy, the databases of the National Statistics Office of the Republic of the
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There are also a multitude of Non-governmental organizations that would be consulted for information because NGOs often have more updated and relevant information to offer. As a variable for this essay, the population of the Philippines seems like a sound choice as not only does it provide us with a glimpse of the country’s progress and development but it also becomes a benchmark on possibly why the country is experiencing economic downturns.
The Archipelagic Republic of the Philippines stands as the first and only democratic country on the South-East Asian region and is poised to be a strong economic power in the region were it not weighed down by a multitude of problems, chief among them is overpopulation which then result to a burgeoning of poverty. Economically speaking, this is troubling as already NGOs in the country say that 24. 7 % of Filipino families do not earn enough to maintain a decent standard of living (Remedios Aids Foundation, 2007).
Overpopulation and the rapid growth of population in the Philippines is slowing down its economic strength. More and more economic resources are needed and economic growth itself is stalling because the resources of the country cannot adequately meet the needs of the huge population. The annual growth of the country at 2. 11 percent is unfortunately not very good news (Remedios Aids Foundation, 2007). Already the World Bank puts the total population at 83. 1 Million and it is projected to double that in 29 years (Philippine National Statistics Office, 2002).
With overpopulation comes a multitude of other problems which can also have economic repercussions for the country. The availability of potable water for example increasingly become difficult for those living in poverty to acquire. The population density of the country speaks for itself regarding this problem as over sixty percent of the population live in urban areas with the National Capital Region taking center stage at 16,091 persons live per square kilometer (Remedios Aids Foundation, 2007).
The urban poor of the Philippines are forced to live in makeshift shanties and often do not even have access to basic services or even indoor plumbing. Aside from those issues, rapid population growth also negatively affects the delivery of social and health services from the basics all the way to HIV and AIDS prevention and care which will severely impact the country’s future labor force and ultimately its economic ability.