Welcome to
the Kennedy International Schools System
Every
year,
thousands of foreign students come to the Philippines to
study.
They enroll and graduate from nursing schools and
colleges. Philippines has become the “college town” of
these students coming from the United States, Canada,
Australia, India, United Kingdom, and other Asian countries
like Japan, China, Singapore, Korea, and among others.
These thousands of students have successfully finished their
studies and returned home safely to their own countries
equipped with the needed education and ready to exercise the
professional practice, “the workforce".
The Philippines
is a newly industrialized country with an economy anchored
on agriculture but with substantial contributions from
manufacturing, mining, remittances from overseas Filipinos
and service industries such as tourism and, increasingly,
business process outsourcing.The Philippines is listed in
the roster of "Next Eleven" economies.
Historically, the Philippine economy has largely been
anchored on the Manila galleon during the Spanish era, and
bilateral trade with the United States during the American
era. Pro-Filipino economic policies were first implemented
during the tenure of Carlos P. Garcia with the "Filipino
First" policy. By the 1960s, the Philippine economy was
regarded as the second-largest in Asia, next only to Japan.
However, the presidency of Ferdinand Marcos would prove
disastrous to the Philippine economy, sliding the country
into severe economic recession, only to recover starting in
the 1990s with a program of economic liberalization and the
breaking of Marcos-era monopolies and the system of cronyism
under Fidel V. Ramos.
The Asian Financial Crisis affected the Philippine economy
to an extent, resulting in a lingering decline of the value
of the Philippine peso and falls in the stock market,
although the extent to which it was affected is not as
severe as that of its Asian neighbors. This is largely due
to the fiscal conservatism of the Philippine government
partly as a result of decades of monitoring and fiscal
supervision from the International Monetary Fund, in
comparison to the massive spending of its neighbors on the
rapid acceleration of economic growth. By 2004, the
Philippine economy experienced six-percent growth in gross
domestic product and 7.3% in 2007, in line with the "7,
8, 9" project of the government to accelerate GDP growth by
2009.
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