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Peace in the Philippines improved in the last four years, moving up the country’s position to 128th out of 168 territories in the global peace index, according to the Institute for Economics and Peace (IEP). READ:
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“If we’re looking at Asia overall, 10 countries deteriorated and nine improved, it’s slightly less peaceful than it was in the last year, so all in all, the Philippines has still outscored the other countries in the region,” Mr. Killelea said. “Violent crime, it’s still reasonably high for the region as well, so you’ve got a number of internal conflicts running in parts of the country,” he added.Positive peace, drawn from a well-functioning government, strong business environment, acceptance of people’s rights, equitable distribution of resources, among other positive factors, leads to several benefits.
“Foreign direct investments higher — twice as high. Debt ratings tend to improve overtime, whereas in countries deteriorating in positive peace, they deteriorate as well,” he added. “Certainly, the US is going to place more emphasis on the Asia-Pacific over the next decade, we can see that over the last few years, that will come in the form of economic support and the form of a stronger military presence also,” he added.
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