Brain drain and lack of local opportunities to promising graduates.
 For decades, the Philippines has always had large populations of migrant workers abroad. From a purely economic perspective, working elsewhere will always be more financially rewarding. In fact, many doctors go back to school to study BS Nursing, hoping to work abroad in a lower level. In addition, with the advent of the call centers that can pay higher than some local managerial positions, many college graduates (even the board passers in nursing, accountancy, and engineering) choose to take a dead-end path. Other business processes are outsourced here, particularly software, but they may not be as promising as the ones in Silicon Valley (e.g., software enhancements/maintenance instead of building a new and exciting product from scratch).


Confusing cultural identity as a nation. Nowadays, it is more difficult to define the stereotypical "Filipino", considering that our culture has been a combination of asian and western cultures. As you go up the social ladder, more western values are prioritized even if they may conflict with the traditional "asian" values. This can cause significant cultural conflicts between the rich and the poor.

Inefficiency in processes, particularly when government is involved (e.g., the story in this external link: http://www.topgear.com.ph/news/m...). Because of this, bribery is a common way of experiencing the shortcut and avoiding the hassle of falling in line the entire day. To be fair, some of these problems are now easily exposed through social media.