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 this
collection cover the areas of macroeconomic management; trade,
investments, and production; infrastructure, human capital; equity
and the social sector; poverty reduction efforts; and governance
and political institutions. The studies' findings provide insight
for politicians, academicians, and economists into the issues and
their potential solutions.
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