Governed by President Gloria Macapagal Arroyo, now in her second six-year term, the population of over 85 million Filipinos have a per capital income of aproximately $1,200. Chronic political corruption has prevented the nation from breaking out as an economic "Asian Tiger" like neighboring [[Singapore]], [[Taiwan]], [[Hong Kong]], and [[South Korea]]. | Governed by President Gloria Macapagal Arroyo, now in her second six-year term, the population of over 85 million Filipinos have a per capital income of aproximately $1,200. Chronic political corruption has prevented the nation from breaking out as an economic "Asian Tiger" like neighboring [[Singapore]], [[Taiwan]], [[Hong Kong]], and [[South Korea]]. |