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What economic provisions need for progress?
ChatGPT ChatGPT Progress in economics often requires a combination of factors, including:
1. Stable Macroeconomic Policies: Consistent fiscal and monetary
policies contribute to economic stability. 2. Infrastructure Development: Investment in infrastructure, such as transportation and communication, enhances productivity and connectivity. 3. Education and Skill Development: A skilled workforce fosters innovation and productivity, contributing to economic growth. 4. Open Market Policies: Encouraging competition and minimizing barriers to entry promote efficiency and innovation. 5. Legal and Regulatory Framework: Transparent and enforceable laws protect property rights and create a conducive environment for business. 6. Access to Capital: Efficient financial systems ensure businesses have access to capital for investments and growth. 7. Social Safety Nets: Programs that provide a safety net for vulnerable populations contribute to social stability and can support overall economic progress. 8. Innovation and Technology Adoption: Encouraging research, development, and technology adoption drive productivity improvements. 9. Trade Policies: Openness to international trade can lead to increased market access and economic diversification. 10. Environmental Sustainability: Incorporating sustainable practices helps address long-term challenges and promotes responsible economic growth.
The specific mix of these provisions may vary based on a country's
unique circumstances and development stage.
You Provide a copy of the economic ptovisions of the Philippine constitution ChatGPT ChatGPT I can provide a summary of the economic provisions in the 1987 Philippine Constitution:
1. National Economy and Patrimony (Article XII): This article
outlines the principles and policies governing the national economy and patrimony. It emphasizes the promotion of a balanced and sustainable development that serves the common good. 2. Regalian Doctrine: The Constitution reaffirms the state's ownership of all lands and natural resources, as well as the exclusive right of the government to exploit, develop, or utilize them. 3. Foreign Investments (Article XII, Section 2): The Constitution restricts the ownership of private lands to Filipino citizens or corporations with at least 60% Filipino ownership. It also limits foreign ownership in certain industries. 4. Natural Resources (Article XII, Section 2): The state has the responsibility to control and supervise the exploration, development, and utilization of natural resources to ensure equitable sharing of benefits. 5. Agrarian Reform (Article XIII): The Constitution mandates the implementation of a comprehensive agrarian reform program to promote social justice and sound rural development. 6. Labor (Article XIII): The state promotes the welfare of workers and provides for just and humane conditions of work. It recognizes the right to organize and collectively bargain.
It's important to note that these provisions aim to balance economic
development with social justice and protection of national interests. Amendments to the Constitution may impact these economic provisions, so it's advisable to refer to the latest legal documents for the most up-to-date information.
You Explain the present open market policies of the Philippine government ChatGPT ChatGPT As of my last knowledge update in January 2022, I don't have real- time data on the present open market policies of the Philippine government. Economic policies can change over time due to various factors, including shifts in government leadership and economic conditions.
However, the Philippines has generally pursued open market
policies, encouraging foreign investments and trade to foster economic growth. Key aspects of the country's approach to open markets include:
1. Foreign Direct Investment (FDI): The government has aimed to
attract foreign investments by providing incentives and creating a business-friendly environment. The ease of doing business has been a focus to attract more investments. 2. Trade Liberalization: The Philippines has been part of various trade agreements and organizations promoting free trade. This includes being a member of the Association of Southeast Asian Nations (ASEAN) and participating in regional and bilateral trade agreements. 3. Economic Zones: Special Economic Zones and Freeport areas have been established to encourage foreign investments, offering incentives such as tax breaks and simplified regulatory processes. 4. Financial Market Development: Efforts to develop and strengthen financial markets, including the stock exchange, aim to enhance the country's attractiveness to both domestic and foreign investors.
For the most recent and accurate information on the present open market policies of the Philippine government, I recommend checking the latest reports from official government sources, such as the Department of Trade and Industry or the Bangko Sentral ng Pilipinas, and reputable news outlets.
ARTICLE XII: National Economy and Patrimony
Section 1. The goals of the national economy are a more equitable distribution of opportunities, income, and wealth; a sustained increase in the amount of goods and services produced by the nation for the benefit of the people; and an expanding productivity as the key to raising the quality of life for all, especially the underprivileged. Section 2. All lands of the public domain, waters, minerals, coal, petroleum, and other mineral oils, all forces of potential energy, fisheries, forests or timber, wildlife, flora and fauna, and other natural resources are owned by the State. With the exception of agricultural lands, all other natural resources shall not be alienated. The exploration, development, and utilization of natural resources shall be under the full control and supervision of the State. The State may directly undertake such activities or it may enter into co- production, joint venture, or production-sharing agreements with Filipino citizens or corporations or associations at least sixty per centum of whose capital is owned by such citizens. Such agreements may be for a period not exceeding twenty-five years, renewable for not more than twenty-five years, and under such terms and conditions as may be provided by law. In cases of water rights for irrigation, water supply fisheries, or industrial uses other than the development of water power, beneficial use may be the measure and limit of the grant.
Section 3. Lands of the public domain are classified into agricultural, forest or timber, mineral lands and national parks. Agricultural lands of the public domain may be further classified by law according to the uses to which they may be devoted. Aliens, corporations, or associations may not own real estate except by lease, for a period not exceeding twenty-five years, renewable for not more than twenty-five years, and not to exceed one thousand hectares in area. Citizens of the Philippines may lease not more than five hundred hectares, or acquire not more than twelve hectares thereof by purchase, homestead, or grant.
Section 4. The State shall, in accordance with law, undertake an agrarian
reform program founded on the right of farmers and regular farmworkers, who are landless, to own directly or collectively the lands they till or, in the case of other farmworkers, to receive a just share of the fruits thereof. To this end, the State shall encourage and undertake the just distribution of all agricultural lands, subject to such priorities and reasonable retention limits as the Congress may prescribe, taking into account ecological, developmental, or equity considerations, and subject to the payment of just compensation. In determining retention limits, the State shall respect the right of small landowners. The State shall further provide incentives for voluntary land-sharing.
Section 5. The State shall recognize the right of farmers, farmworkers, and landowners, as well as cooperatives, and other independent farmers' organizations to participate in the planning, organization, and management of the program, and shall provide support to agriculture through appropriate technology and research, and adequate financial, production, marketing, and other support services. Please note that this is a summarized excerpt, and for the complete and accurate text, it is recommended to refer to the official and updated version of the 1987 Philippine Constitution.
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Instant ebooks textbook Practical Data Science with Hadoop and Spark Designing and Building Effective Analytics at Scale Addison Wesley Data Analytics 1st Edition Ofer Mendelevitch download all chapters
