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?
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%...
The current run of rapid growth is an opportunity for the Philippines to do something much more valuable than just advance material wealth and catch up with middle-income peers. With the right policies, the Philippines government believes that this could be the era when the country is finally able to successfully address widespread poverty.
Battered every year by typhoons and prone to earthquakes, mudslides, floods and volcanic eruptions, the Philippines is more vulnerable to natural disasters than many other countries throughout the world. As such, it is crucial for the country’s economic development to learn to better manage its disaster risks and minimise casualties and...
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