What a Duterte Victory Means for the Philippine Economy

The video discusses the expectations from the new Philippine presidency, focusing on quick wins and reducing criminality. It highlights challenges in job creation, with high unemployment and underemployment rates, and the need to address agricultural development. The discussion emphasizes the importance of economic diversification, particularly in manufacturing, to reduce reliance on remittances. The video concludes with expectations from the new economic team to deliver quick results and meet high public expectations.

What is one of the primary expectations from the new presidency in the Philippines?

• To expand the military

• To reduce criminality

• To increase taxes

• To decrease foreign aid

What is a significant challenge in the Philippine job market?

• High employment rates

• Low underemployment rates

• High unemployment rates

• Excessive job opportunities

Why is agriculture important in addressing poverty in the Philippines?

• Agriculture is not related to poverty

• A large percentage of the poor live in agricultural areas

• Agriculture has been growing rapidly

• Most of the poor live in urban areas

What is a suggested method to help farmers improve their productivity?

• Reduce agricultural subsidies

• Develop farm-to-market roads

• Build more factories

• Increase import taxes

What is a key aspect of economic diversification mentioned in the transcript?

• Increasing service sector jobs

• Expanding manufacturing

• Relying on remittances

• Focusing solely on agriculture