By: Clyn Joy R. Faraon

Globalization has long been seen to be a gamble for all countries. While this might ensure positive economic effects in the long run of things, this would also set us up for painstakingly hard adjustments in short-term. Most of its seeds have already took part in the roots of our country without us even realising it. Some of our Perpetualite parents; whom work hard abroad to provide for their families and send cash to our country’s stagnant economy that can’t even generate enough decent paying jobs in our own country.

But you can’t blame them for trying to find good paying jobs if their own country can’t even provide a salary enough to send their young ones to get their diplomas. It doesn’t even need to be as complicated as this to see the effects of globalization.

For example: take a regular Filipino student who’s fond of Korean clothing. She’d buy it for the trend, but there’s another brand with the exact same clothes for a cheaper price but made locally? And with the incoming spike in prices that we’re all expecting in these few months it might get even more frantic. 

The timing is definitely bad, sure, there are several local companies out there getting ready to integrate internationally, but this would mean new protocols, business models and loads more terms I don’t know about but I’m pretty sure costs a lot of money. This combined with the recent inflation doesn’t really mix well with the batter; everything would just cost more, but does your monthly salary inflate as well? Of course it won’t. 

Our Philippine Peso nearly reaching 54 vs 1 US Dollar; I’ve heard people talk about it, how nice it is for them to receive a little more than usual. I’ve got nothing against that although it seems that they still remain ignorant on how the Philippines currently economy is going down the gutter. 

Too many people yell for change, not even half of those individuals actually do something about it. In that sense, you’ll ask for a “new” president and expect it’s all rainbows and unicorns from here on out without hitting a few road blocks? Or without actually practicing the principles they sought to do. 

Inflation is only one of the first hurdles when it comes to globalization, there are more to come for our country. Whether you stand by or do something about it is up to you, but I wish most of us, would at least put in the effort to adjust, to try and do something about it.