Our country needs the leap for industrialization in order to compete satisfactorily with other emerging economies in the south east asia, or even more to say, to the rest of the world.
Withoput industrialization, we can never be secured with our defense in globalized war on trade and stability of the country economically and politically as a country.
We can never be at an stabilized condition unless we do not face and deal with industrialization as the reality in today's modern world.
The Emergence of the China powerhouse.
We should not rely or depend on foreign sources for our economy. The emergence of China as a powerhouse in the region must not make us blind or forget to venture in industrialization as a means to counter and defend our country against the dominance of China in this case.
We have been overwhelmed by the cheap products from China, and this must cause us to be alarmed that the effects of our dependence and reliance in imports may not create health for our own economy, but instead our domestic capacity to supply the same for our demands in local labor, poverty, and basic services as needed by our population that will come from self-sufficiency and sustainability internally will be threatened as not secured.
Industrialization
Industrialization is the answer today in order to combat our foreign dependence given by countries like China that will one day will cease and end. In order to be self-sustained and fully functional as a government and as a nation, we should divert our attention to make up with our dwindling industries, factories, and revert the situation in order to reverse the condition and make self-sufficiency attainable.
We have at the moment very small capacity of factories operating in the country, and mostly all are foreign investments. Though foreign ventures and investments are forces for our industrialization and foothold for our economy, we cannot left tot hem in their sector our future of industrialization, instead, local capacities must be developed in order to counter our dependence on foreigners that will one may cease or end. there's no better way to attain security unless we ourselves will filipinize our local industries, and from there also we can start our own technology and edevelopments brought about by these foreign investors and businessmen engaged in high technological products which is of high demand in the market globally.
Industrialization is synonymous with factories and employment generation. If we industrialize our economy, it means there is a rapid revolution of labor requirements of factory workers and demands o f labor which will be just in our own yards compared to pursuing foreign jobs for our people. Industrialization is about speaking of factories, industries that will be opened, technologies that will be discovered and developed, growth for our manufacturing sectors, and mostly a chance to dominate world markets thru modern products made locally, and therefore an assurance that jobs will be in accordance with our own population proportionately.
Population growth of the Philippines:
The problems of other countries like in the continents of europe, Japan, and many others who are suffering declined population growth while having for them technologies in their hands, is another factor of advantage for the country at the moment. The population growth of the Philippines is a positive and advantage factor right now, due to it is an indication that we have a sustainable population to support our dream of industrialization thru this population growth.
Instead of viewing population as a situation on the negative aspect, we should view it in the positive. This can be proven by our recent records of exporting OFWs worldwide as an indicator that population is an advantage in the Philippines. Without that population growth, the world may not be able to survive today without the scattered Filipinos overseas workers. The high demands of Filipino hirings abroad is a strong sign that population is an advantage for the country today, that when the global supply of labor becomes a shortage, the richness of filipino OFWs ready for deployment is a sign that our country should not restrict population in this view.
Therefore, population should be a factor of considering industrialization in the Philippines for the reason that if we ourselves will tap this resources which is in our own hands at the moment, there will be great economic power for the country in the future. If we will think to combine population and industrialization today as a twin force to attain economic power, it is in the data of our population records and rates that we can make things real in this regard.
Industrialization and Population:
These two can dance together, and they need each other for the future of the country if you believe. It is in this aspect that industrialization can thrive easily in the Philippines due to the rendering of population as a source of our greater economy. The only lacking today is that industrialization is absent in the country, with that , we should harness the power of our people in order to attain the global power we need. We only need to traverse the side of technology to get the matter done in industrialization.
Foreign Investments in technology:
Foreign technological import is needed today, if not, we cannot get off the ground of our dream for better and sustainable economy. The means to acquire new technology is thru the gates of inviting foreign investments in the fields of high technological industries, because we need to be opened with the emergence of new technologies and gain transfer of them.
Insatiable needs of technology:
the government must lead and make an atmosphere of technology in the country and make its people hunger and seek inventions, research, developments, and support to have access to these industries that may lead our country learned and experts later on. The government must be the lead factor in finding technology thru bilateral relations with those advanced countries to enter and invest in the country in those fields that we need to acquire technology. If the government can do these agreements and trade relations with those countries, we can learn those technologies thru trade and commerce means as a way.
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