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Dear Presidential Communications Chienes,
Without context, comparing Indonesia's 1st Quarter GDP growth of 5.1% to the Philippines' 5.7% can be misleading due to the significant difference in the size of their economies.
Now, sit down and listen to La Reyna's blah blah why you should stop making such direct comparisons:
1.) Economic Scale Matters:
Indonesia's GDP is approximately $1.3 trillion, which is significantly larger than the Philippines' GDP of $417 billion. Gets ninyo?!
Basic ritmitik tells us that a smaller percentage growth in a larger economy can represent a much greater absolute increase in economic output.
Por ejemplo, a 5.1% growth in Indonesia's economy adds roughly $66.3 billion, whereas a 5.7% growth in the Philippines adds about $23.8 billion. Oh, diva?! Lalagyan mo lang with numbers para ma feel mo ang impact nang kino-compare mo. Wag basta basta compare, gorl!
2.) Different Economic Structures:
Do you know na iba ang economic structures and drivers nang dalawang economy na to?! Indonesia's economy is diverse, with significant contributions from industries such as mining, manufacturing, and agriculture.
In contrast, the Philippines has a more service-oriented economy, heavily reliant on remittances from overseas workers and business process outsourcing.
Therefore, ang growth rates natin ay dictated by two different factors, kaya kapag direct comparisons, wa-ay meaning minsan. Nakarinig ba kayo ng “Overseas Indonesian Remittances largest chienes chienes contributing to the Indonesian economy!” Wala di ba?! Ok?!
In conclusion, it's important to reiterate that while both Indonesia and the Philippines are experiencing commendable economic growth, direct comparisons of their GDP growth rates without considering their economies' size and context can be misleading. The context is key to understanding the true economic dynamics at play. Sabot?!
Appreciating the different scales, structures, and stages of development is essential for understanding the true economic dynamics at play
P.S.
Pasalamat kayo, hindi ko kinom-pare sa China. Kundi, hinagupit ko kayo!
Without context, comparing Indonesia's 1st Quarter GDP growth of 5.1% to the Philippines' 5.7% can be misleading due to the significant difference in the size of their economies.
Now, sit down and listen to La Reyna's blah blah why you should stop making such direct comparisons:
1.) Economic Scale Matters:
Indonesia's GDP is approximately $1.3 trillion, which is significantly larger than the Philippines' GDP of $417 billion. Gets ninyo?!
Basic ritmitik tells us that a smaller percentage growth in a larger economy can represent a much greater absolute increase in economic output.
Por ejemplo, a 5.1% growth in Indonesia's economy adds roughly $66.3 billion, whereas a 5.7% growth in the Philippines adds about $23.8 billion. Oh, diva?! Lalagyan mo lang with numbers para ma feel mo ang impact nang kino-compare mo. Wag basta basta compare, gorl!
2.) Different Economic Structures:
Do you know na iba ang economic structures and drivers nang dalawang economy na to?! Indonesia's economy is diverse, with significant contributions from industries such as mining, manufacturing, and agriculture.
In contrast, the Philippines has a more service-oriented economy, heavily reliant on remittances from overseas workers and business process outsourcing.
Therefore, ang growth rates natin ay dictated by two different factors, kaya kapag direct comparisons, wa-ay meaning minsan. Nakarinig ba kayo ng “Overseas Indonesian Remittances largest chienes chienes contributing to the Indonesian economy!” Wala di ba?! Ok?!
In conclusion, it's important to reiterate that while both Indonesia and the Philippines are experiencing commendable economic growth, direct comparisons of their GDP growth rates without considering their economies' size and context can be misleading. The context is key to understanding the true economic dynamics at play. Sabot?!
Appreciating the different scales, structures, and stages of development is essential for understanding the true economic dynamics at play
P.S.
Pasalamat kayo, hindi ko kinom-pare sa China. Kundi, hinagupit ko kayo!
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