Diagnosing the Philippine Economy: Toward Inclusive Growth

Front Cover
Dante B. Canlas, Muhammad Ehsan Khan, Juzhong Zhuang
Anthem Press, 2009 - Business & Economics - 343 pages
0 Reviews

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.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Development Performance and Policy
13
Critical Constraints to Growth and Poverty Reduction
33
References
93
Crisis Logit Regressions
119
Trade Investments and Domestic Production
125
Global Competitiveness Index
151
Panel Data Analysis of Output Per Capita
159
References
188
References
207
Trends Determinants
261
Determinants of Growth and Poverty
290
Index
337
Copyright

Other editions - View all

Common terms and phrases

About the author (2009)

Based in Manila, Asian Development Bank is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.

Dante Canlas is the Enrique Virata Professor of Economics at the University of the Philippines and Editor of 'The Philippine Review of Economics'. He is also the Chief Executive Officer for the Millennium Challenge Corporation's Philippine Program.

Muhammad Ehsan Khan is a Senior Economist at ADB's Economics and Research Department (ERD) and has served as a Project Economist in ADB's Southeast Asia Department.

Juzhong Zhuang is an Assistant Chief Economist at ADB's Economics and Research Department (ERD).