The Issue Of Overseas Filipino Workers

Against the background of economic globalization,capital,technology,labor resources,goods,information,services and other factors of production are accelerated to flow at the global level.As a primary factor of production,labor also speeds up to flow,and it has formed a prosperous international labor market.In some developing countries,export of labor services has become an important part of economic development strategies.It can not only alleviate unemployment,but also earn foreign exchange to promote domestic economic growth.Philippine is the largest labor-exporting countries in Asia,and Overseas Filipino Workers send huge amount of remittances every year,so they play an important role in their motherland,and have a significant impact on Pilippine's political and economy.This paper consists of three parts,an introduction,the text and conclusion.The introduction brings forth the significance of research,research literature review and framework of this research.In the text,the profiles of Overseas Filipino Workers is dealt with in the first chapter,which surveys the history of Overseas Filipino Workers and the status quo of Overseas Filipino Workers,including their deployment, profession,age,sex,their advantages as well as the affects of the current finance crisis. The second chapter focuses on the policy of Overseas Filipino Workers,which comprises the specialized regulatory agencies,the sound legal system,exploring the market actively,and a variety of guarantee measures.Chapter three mainly discusses the political effects of Overseas Filipino Workers.The effects are about domestic and international political.The international effect contains the relationship between Philippine and labor-importing countries and the relationship between Philippine and other labor-exporting countries.Chapter four places its emphasis on the economic effects of Overseas Filipino Workers.First,it discusses the overview of remittances. Then it comes the positive and negative effects.Chapter five presents the viewpoint of "the Dependency Thoery",and tries to figure out the outlet of Philippine's labor-exporting economy.In conclusion,by summarizing the whole text and pointing out the weeknesses of the Philippine Overseas Employment Program,the paper gives some recommendations,and tries to explore whether the economy of developing countries depending on labor-exporting is sustainable development.