Global Entrepreneurship The Philippines
I have chosen the Philippines as the country of operations for my automotive parts sales and export business. First a little history, the Philippines was a vital trading center for the Spanish from 1521 until 1898, after which it became an American colony. The Philippines became independent in 1946, and is the third largest English-speaking country in the world.
The country's economy has showed resiliency amidst the Asian financial crisis, and is boosted mainly by its export-oriented manufacturing sector, particularly in electronics and automotive parts. The creation of export processing zones, including the former United States bases in Subic and Clark, has facilitated a rise in foreign direct investment. The Philippines has pursued a policy of economic liberalization in the past decade, which has resulted in the liberalization of its retail trade, telecommunications, banking, mining, oil sector, and more recently its power sector.
The Philippine government is currently......
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Approximate Pages: 4 (250 words per double-spaced page)
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