Philippines

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How can the Philippines encourage the development of locally produced content and Philippine-branded products both domestically and abroad?

 

After years of lagging behind its South-east Asian peers, the Philippines is seeing a long-awaited awakening of foreign direct investment (FDI). Although FDI volumes are still smaller than what countries in its peer group attract, the Philippines has been catching up at an impressive pace. Although many of the challenges that impeded...

To what extent has good governance translated into strengthened economic fundamentals and improved revenue collection?

Labour exports are usually thought of as signifying a lack of opportunity in the domestic economy, and countries that do so are often seen as tacitly admitting that they are unable to organise domestic production. Indeed, the Philippines initiated its policy of labour exports in the 1960s under dictator Ferdinand Marcos, largely because he was desperately short of hard-...

How can the Asia-Pacific Economic Cooperation (APEC) and economic integration be leveraged to boost emerging economies’ competitiveness?

The Philippine economy continues to enjoy a period of rapid, broad-based growth as the business process outsourcing (BPO) sector and growing remittances from overseas workers drive growth in consumer-oriented industries and construction. Although real growth decelerated in 2014 to 6.1%, it remained higher than Southeast Asian peers, and it is expected to remain near 6%...

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