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Summing-Up Rac are Under Aquino Le) Nat Ey Prarie te tection eves io were Implement ple to esha ager crak Pretecon nd promot te erp of Proms ater ones, ae sath contri plone won n evra ccpatone, eae an ecient “one stp shop" fe processing ‘olor onses wrk sectig ees (town oneomplated and meee procedures dreds sensor sna Owen ot arehancinnton ) lat arrn ss marae sue c pote © rin Seana In his nnugural address on June 30,2010, Aquino further emphasized his supposed goal of domestic jb generation “so that there willbe no need to ook for employment abroad”, in effet relenting that massive unemployment and lack of local ‘opportunites for livelihood ae key push fators forthe phenomenon of forced migration, He also ordered the Department of Fre Philippine Overseas Employment Administration (POEA) and the OWWA "and other relevant Table 1: Aquina's 2010 Campaign Platform for OFWs/Promised Action Plan on OFWs sn Affi (DFA), \rHS OF "& DEVELOPMENT President Benigno Aquino IIs five yeas in office can only be characterized by the further intenstiaton ofa labor expor: policy that i more detrimental to the lives, rights and welfre of Filipino migrans and their families. [Before he came into office, Aquine boasted ofa campaign platform filled with promises, a so«lled “action plan on OFWs (overseas Filipino workers)". He commited to create jobs at home and guarantce the welfare and protection of OFWs, particularly tough the enactment of better laws and polices, improvement of services of benefits, persecution and panishinent of illegal recites and rallckers ad the implementation ofa sustainable reintegration program Inpro te estar ver pram, ce ey ee ea eee pen core an rere isi eenarervor eae ee ees eee ad cot emereen merce See Ga eee iter ‘predatory activites, including fase, scammers and society in governance Saye era Seer eer Oo aaa = Sa eos feenanetaieeieteyiess gy onion “cantributes tothe Philippines’ development through ‘based support groups for familes of OFWs a arene pu toy QD Seesbenreesatin rare rurng meats s commie ea -Factate the reintegration of returning OFWs by an eerree cree ae peer esaees ‘eave oc! wear serves sth 5 oseng and re separre rentaton sara The problem lies in the Aquino government's perpetuation ofa semi-fendal semi-colon conomy trough its refusal o implement genuine land reform and national industialization to sonerate decent domestic employment. Contary to this administration's pronouncements, the country’s economic situation has not improved under Aquino’s polices. The Philippine Development Plan (2011-2016) continues rely heavily’ on foreign investment, export-import agencies” tobe “more responsive to the needs and ‘welfare of OFWs Five years after, the Aquino administration has recorded the biggest number of OFW deployment sine the labor expor policy ws impemenied in the 1970s. Despite Aquin’s posturing and romises, the Philippines continues to suffer from chronic economic crisis that has aggravated forced migration and cast Filipino migrant and tei ails to direst stats CGE eee Table 2:Top Ten OFW Remittance-sending countries (in USD) rndence, debt and the so-called fice market “Aquino’s esenileconomic thst is elec strict aerence to neliberal globalization by iplementing programs suchas the Private Public-Pariership (PPP), an more recently, ‘through a proposal fra charter change to funher pave the Way for an unparalleled surrender of Sovereignty and imperialist plunder of national pion. Amore inteasifed and aggressive labor export policy has been fr fll entrenched in the Aquino ‘sdministatio to further produce and comme ‘heap Filipino labor fr the global market Remittances and intensification of labor export Through remitances from OFWs, the government ar exponentially without having o shel out ‘ich capital investment, Remitances rom OFWs fem at resord-high despite the global economic tis, Stalstics fom the Banko Sentral Pilipinas (BSP) show that from S188 bli in 2010, itinereased to. whopping $20 billion by ‘nd of 2011 and has reached $27 hilion in the nd of204 According to the BSP, remittances from overseas Filipinos increased by 4.9% in Apel 2015, or by $32.2 alin. Remittances forthe fist four mons (0 2015 reached S86 billion, higher by 5.1% than ure recorded on the sane period las eat. he bulk ofthese inflows (79%) consisted of tances from land-based workers with Work contracts of ne year or more, o $6.4 billion. About ‘one-fourth (24%) of remitances eam from ‘chase and land-based workers with work somtacts of fess than one eat (S21 billion), while some 2% were other remitances coursed through {informal means or money sent home through Friends and eatves ($0.2 bln). Further, emitances that coursed throush banks or Formal channels increased by 5.1%, totaling to $2 billion in April 2013, according tothe BSP. This Figure for January to April 2015 is higher by 5.4% compared to figures forthe same period in 2014 Remittances from land-based ($59 billion) and scacased (S19 billion) increased by 5.3% and 5.6%, espetively. The majo sources of reitances are United Sats Sad Arabi, the United Arab Emirates, the United Kingdom, Singapore Japan, Hong Kong, an Canad, The Aquino government atisbuted this growth in reitances othe so-called “steady demand” for skilled OFWs, saying that the continued growth of inane inflows is response fr “sstaned e growth” in April 2015, Initia data from the POEA showed that 33% of approve jo orders (610,727 jobs) for Fnnary to Apel 2015 were ‘mainly inthe field of erviee, reduction, and rofssiona,technicaland related workers in Saad ‘Arabia, Kui, Qua, Tawan andthe United Arab Emirates The Aquino administation, while mouthing local jab generation a score program oc employment, contin to ai the “emitance boom” to Further promote labor export, and consequently to continuously benefit fom the ‘verinreasing billions of dollars that course ‘tvough hanks and remitance comer. To do this it ts bovome more sgaresive in lobbying for job ‘markets abroad in the past ive yeas However, the soiled remitance boom does not necessarily translate to economic growth, noe does ‘automatically translate to higher investments oF ‘conic rele for families of OF Ws — factors United states 78622207 3,232,073 390555 30374088435) ‘Canada 2022611 $30,863 3733 Saud Arabia 4.544345) 616.193 Zi09.7 2SBSBRL OR) United Kingdom 358,959 302.347 3,3205 1,394,705 (6%) Tapan $52,596 381192 303.6 968.882 UAE 775,237 307,964 3.269.274 406 (7%) ‘Singapore 734331 317,786) 068.373.1785 262 5H) Taly 350515242401 309.9 ‘Germany aa3208 SEAT 625 OH Wong Kong 362528 148,573 3553 £94,055 (3) ‘strain S.0810%) that ae supposca to have contributed greatly othe ‘Gross Domestic Predet (GDP) growth. The lates. 2015 BSP Consumer Expectations Survey on OFW Expenditures also shows that OFW households alloted a major chunk of thei emitances not For investments an savings ut fr basi and emergency noon deb payment ‘With the continuous spates of onerous price hikes of basi ules, ition Tee inereases an privatization ‘ofservces and hospitals, and in the wake of the ‘devastation brought by supertyphoon Yolanda and ‘other calamitis, source: Bango Sentral ng Pines Table 3: Trend in Remittances Year Amount of Remittance 2010 $18.76 Billion 2011 $20.12 Billion 2012) $23.80 Billion 2013 $25.1 Billion 2014) $26.93 Billion Sure Bongo Sn ng Pinos ‘raph Relationship of Remitances to Other Phillppine External Income (2008) ‘expected 10 barely Suppon families in Aquino’ last year reine inoftce s fated Further, atthoueh | ap i orm ‘anal OFW }_ Brenan increased amidthe | 5 mis lob economic Boris rss, its growth . teams rate has been mrt hes decreasing in ° rotons eer emitances ‘ter nome fecord row in 2005, it ae 5 08 Wom. BM 007 a? ‘dropped toa lowest Graph 2: expenditures of OFWs (First Quarter 2015), 5.6% in 2008, 4 yearafter the lob economic ‘rupted. Inthe US where 50% of originate, the row ate had {terse om Ssoein208 0 —_ a +2 33% in200. 1 - ne had a slight " 42a wares frase 72%n | neaete 4 a 2010 buthas been Suffering a steady rece othe SAAS decline since the 4 US deb crisis rowers BS ‘ensued Pacts tr) aS. orvese Ee Accoser look at the 1s trend in cote | remitances during ee eT 25 8 ia ‘Aquino’s term will show that here was nominal inerease in remittance inflows, but its growth ate is another Acconing to BSP record, the growth in OFW remitaaces slowed toa five-year lo last yar. On November 2014, remitances were loser by 7% ‘compared to October's growth rat, marking the lowest expansion since January 2009. The BSP tributed the slow pace of growth the

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