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Title:
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Global economic downturn could affect PH
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Author:
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Eduardo C. Tadem
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Source:
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Philippine Daily Inquirer
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Date:
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February 24, 2016
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Description:
- The Philippines faces an economic and social crisis as a result of developments in the global economic scene. This will be precipitated by 1) China’s economic decline, 2) continuing economic troubles in Europe, the United States, and the newly emerging economies, 3) Japan’s recession, and 4) the decline in global oil prices.