History of the Philippine Culture

 Essay about History of the Philippine Culture

Philippine Agriculture through the years: Performance, Procedures and Problems 1 Cielito F. Uso and Roehlano M. Briones 2

Launch Although many even now think of the Philippines because an farming economy, strictly speaking, it is not. Agriculture, fishery and forestry immediately account for just one-fifth (20 percent) with the economy's combination domestic result (GDP). From the time the 60s, the immediate share of agriculture inside the GDP experienced fallen listed below one-third, through 1981, the sector's talk about had reduced to only 23 percent. Progress from this level was rather anemic, hitting 1 . several percent per annum during the period 1981-2003, when compared to average total GDP growth of 2 . 6% over the same period. Although agriculture end result was mainly stagnant over time, industry and particularly services substantially raised their particular output shares, particularly before two decades (Figure 1). Agriculture's importance looms larger with regards to employment, with nearly two-fifths (i. electronic. 37 percent) of jobs currently coming from the sector. Nonetheless, the services sector accounts for near half of the two output and jobs in the economy. But if 1 considers agroprocessing and agricultural inputs manufacturing and trading (i. at the. agribusiness sectors) along with basic farming production, about 40 percent of GROSS DOMESTIC PRODUCT and two-thirds of job in the economy happen from agriculture (Tolentino et al. 2001). Unfortunately, farming also exhibits the most irregular growth among the list of economy's significant sectors, with growth rates tending to change widely coming from quarter to quarter (Figure 2). The sector's latest growth functionality manifests similar volatility. While the sector's full year real GDP growth performance was well within the point for 2004 and surpass the earlier year's functionality, the most recent quarters have seen remarkable slowdowns via previous sectors, due mainly to unfavorable weather conditions. Notwithstanding these challenges, the important role from the agriculture sector in a country's overall economical development as stylized in economic advancement literature established fact. First, it provides food and vital unprocessed trash for the rest of our economy. Second, it possesses a significant industry for these products of the nonagricultural economy, since buyer of farm advices as well as customer goods and services produced in the nonagricultural economy. And third, since the sector grows and modernizes in the face of limited supplies of 1

Conventional paper presented with the conference titled " Plans to Strengthen Production in the Thailand, ” sponsored by the Asia-Europe Meeting (ASEM) Trust Fund, Asian Commence of Administration Policy Center, Foreign Investment Advisory Support, Philippines Institute of Development Studies plus the World Financial institution, held in Makati City, June 27, june 2006. 2 Mentor of Economics and Representative, Ateneo Centre for Economic Research and Development, Istituto superiore de Manila University; and Senior Many other, Brain Trust Inc. and Former Postdoctoral Fellow, Globe Fish Center, respectively.

Filipino Agriculture through the years page 2 of 37

agricultural area, it releases surplus labor to the sector and solutions sectors. With 70 percent from the country's poor coming from the non-urban areas where agriculture is the dominant source of sustenance and employment, the importance of agriculture to the Philippine economic system cannot be overemphasized. Thus, the Medium Term Philippine Creation Plans (MTPDPs) of effective administrations have consistently recognized the critical importance of zestful and updating the gardening sector in the overall pursuit of a strenuous and broad-based economic growth and development. But as all of us discuss below, success with this goal has continued to be elusive. This paper testimonials the styles in the Philippine agricultural sector's performance, and relates these to the insurance plan environment within which the sector has controlled through the years. The next section especially examines the trends in production and...

References: Stand 2: Yield Growth pertaining to Major Plants, Annual Typical by Ten years, 1961-2003 1961-1970 4. 3 3. 2 -2. six 0. one particular 1 1971-1980 2 . six 1 . 5 1 . six 0. almost 8 13. four 1981-1990 several. 3 installment payments on your 8 5. 9 installment payments on your 8 -2. 5 1991-2003 1 . two 2 . eight 2 . almost eight -0. almost eight 3. you

Rice Hammer toe Coconuts Sugarcane Bananas

Origin: FAOStat (2004)

Table several

Source: FAOStat (2004)

Desk 4

Origin: Mundlak ou al. (2004)

Table 5

Sources: Bautista, Power and Associates (1984), Manasan and Querubin (1997) and Manasan and Pineda (1999) as compiled and cited in Habito ou al. (1999)

Table 6