Another example of Globalization in the Philippines can be seen in the increase of industry. After the Philippines joined the WTO, World Trade Organization, there has been several opportunities for other countries to trade and create work for those in the Philippines. These foreign companies have helped boost the economy. This an example of globalization because through foreign trade countries have helped boost each other’s economies.
A third example of Globalization in the Philippines is the remittance sector of the economy. Overseas workers send about 10.7 billion dollars back home to their families. Which in return helps the Philippine’s economy. This is considered an example of globalization because it opened the economy to foreign trade and policy.
Some of the pro's of globalization in the Philippines are, in my opinion, the boost to the developing economy. Employment rates have increased and national debts have decreased since the industrialization of the Philippines. I feel like globalization has helped the Philippines grow economically and given them that boost they need to compete globally as a developed country. The only downside to globalization, In my opinion, is that many of Filipino workers have been sent overseas and separated from their families. Which conflicts with their values as a family oriented society.