Some years back, we were written off as 'The Sick Man of Asia
Fortunately, international recognition of the country's vibrant economic outlook through rankings such as these indicates that the sick man of Asia
is nearing full recovery," he added.
Our turnaround from the sick man of Asia
to the regions resilient, bright spot is something that the Filipino people can be proud of.
Others argue that China is driven more by the need to recover territory wrested from it during the decades it was known as the Sick Man of Asia
, when pieces of it were humiliatingly annexed by European powers and Japan.
For an emergent tiger economy, the Philippines is back once more to being the sick man of Asia
,'' she said.
For decades, the Philippines was the sick man of Asia
The best way to debunk it is to read up on the Philippine economy in 1983, find out the peso exchange rate to the dollar, and the bankruptcy that led us to be labeled 'the sick man of Asia
The Philippines, long seen as sick man of Asia
, is now called Asias Rising Tiger, Asias Rising Star, and Asias Bright Spot.
Guinigundo has helped oversee an unprecedented period of growth for the country once known as 'the Sick Man of Asia
Over the past five years and five months, we, together with the Filipino people, have transformed our country from the Sick Man of Asia
into Asias New Darling, we have channeled our economic success into social services that make certain that our growth is inclusive, and we have begun to see the tangible impact of our long-term efforts to alleviate poverty, Aquino said.
From being the perennial Sick Man of Asia
, the Philippines bounced back as the new Tiger Cub Economy of Asia.
As a result of its widespread reputation for corruption, massive poverty and government inefficiency, the country is referred to by its neighbors interchangeably as 'the basket case of Asia' or 'the sick man of Asia
Benigno Aquino III for his "leadership by example" that turned the Philippines from being a sick man of Asia
to one of the best performing economies in the region for the last three years.
From being the Sick Man of Asia
, the Philippines is now seen as a key emerging economy, brimming with opportunities for Filipinos and foreign investors alike, he said.
The [Philippines] is possibly at a crossroad, having long done away with its reputation as the sick man of Asia
and being in a bright spot today.