The pace of growth in the Philippines is slower than that of many neighbouring countries, and despite increasing growth in the period before the current global financial crisis, domestic investment remained weak, and had a declining share in gross domestic product. Understanding limits to growth in the Philippines' economy and how they may be counteracted is crucial for policy makers seeking to encourage economic development.
'Diagnosing the Philippine Economy' investigates the binding constraints on economic development, by following a growth diagnostics approach. Articles within...
The pace of growth in the Philippines is slower than that of many neighbouring countries, and despite increasing growth in the period before the cu...