The Philippines have several strong economical neighbors. One of the largest economical countries would be China. Malaysia is to the South of the Philippines and is one of the largest oil and natural gas exporters. Japan is North East of the Philippines and is one the 3rd largest economic country. For more articles regarding globalization please check out http://www.associatedcontent.com/article/2808740/advantages_and_disadvantages_of_mersocur.html?cat=55

1. PhilippinesInvesTmentpotential or Risk? SEO Technological Marketing By: Melinda Janeiro

2. Outline Philippines neighbors and their economic strengths Regional Economic Overview Strong Economic Sectors of Each Neighboring Country Philippines Economic Complimentary Performance Philippines Economic Competitive Performance Investment Considerations by Management Areas for further research References

3. Philippines/Southeast Asia Regions China- 2nd Largest Economy in the World and fastest Growing in 30 Years. Malaysia- Large Oil and Natural Gas Exporter and Multi-sector economy Japan- 3rd Largest Economic Country in the World

4. Regional Economies Regional Economic Overview China is one of the strongest economic countries in the world China has a growth rate of 11.6% as of 2006 Malaysia is currently working to attract foreign investments

5. Regional Economies Malaysia is a large producer of raw materials, Including Oil and Natural Gas Malaysia is diligently working to become more domestic & Less dependent on exports. Japan has a strong labor force And technological advances Japan is debating on economic reform

6. Regional Economies Strong Economical Sectors

7. Continuation of Regional Economies Strong Economical Sectors

8. Philippines Economic Complementary Performance Introduced economic reforms and initiatives to stimulate business growth And foreign investments. Better regulations on Banking systems and Securities market. Liberalized foreign participation in retail trade Tariff reduction

9. Philippines Economic Competitive Performance The Philippines ranked 43rd in competitiveness among 57 countries

10. Investment in Philippines Management Considerations The Philippines are in an economic down turn and should be closely monitored for improvement. They depend heavily on exports, however, they are more self Sufficient than China or Japan They are implementing new reforms for foreign investments. Even after their drop in rankings they were still very competitive last year.

11. Conclusion and Areas For Further Research The Philippines is at this time experiencing a time of economic growth with an optimistic outlook. Although we might expect national development to accompany economic growth, various economic, political, and socio-cultural conditions in the Philippines still present challenges to national development to be explored further.

12. References National Bureau of Statistics (2004), China Statistical Yearbook, Retrieved from http://www.chinability.com/GDP.htm U.S. Library of Congress (2009), Philippines, Relations with Asian Neighbors, Retrieved from http://countrystudies.us/philippines/93.htm Central Intelligence Agency, (2009, October 8), The World Fact book, Malaysia, Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/my.html Central Intelligence Agency, (2009, September 29), The World Fact book, Japan, Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/ja.html Central Intelligence Agency (2009, September 30), The World Fact Book, China, Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html Asian Development Bank (2006, April 6), Philippines Economic Performance, Asian Development Outlook, Retrieved from http://www.adb.org/Documents/Books/ADO/2006/documents/phi.pdf Montepiedra, M., (2009, July 14), State of Philippines Competitiveness, The Asian Institute of Management , Retrieved from http://www.theaimblog.com/2009/07/state-of-p hilippine-competitiveness.html