March 19, 2010
Globalization, Not Wage Hike, Is Culprit for Job Losses
Published on January 28, 2007
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• Arroyo’s Wage-Hike Proposal Is ‘Anti-Poor’
• GMA Favors Foreign Investors Over Filipinos
• Local Businesses Can Afford Wage Hike — Ibon
Globalization has resulted in the destruction of domestic and export manufacturing enterprises, since they cannot compete with cheaper dumped products in the local markets nor in the global export market against manufacturing powerhouses such as China, and this is why the country is shedding jobs.
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