The global economic slowdown’s cost on the Philippines

How should Filipinos weigh the euro crisis, the US's financial woes, and the Arab spring? An account of the costs on the Philippines' top dollar earners, exports and remittances.

How is the Philippines faring in the global economic crisis? In 2009, growth slowed in the country’s top dollar earners, exports (the majority of which are electronics) and remittances. This time there is cause for hope and concern.