ADB; Felipe, Jesus; Estrada, Gemma Esther B.2021-10-052021-10-052018-04N/AN/A2313-65372313-6545https://www.adb.org/publications/philippines-growth-performance-improvedhttps://hdl.handle.net/20.500.14540/5448The Philippines posted an average growth rate of 6.4% during 2010–2017, quite impressive for historical standards. The Philippines’ potential growth rate reached 6.3% in 2017, the highest in the last 60 years. Most of it is labor productivity growth, driven by manufacturing productivity growth. To continue registering high growth in a stable macroeconomic environment, the Philippines needs to continue increasing its potential growth rate. The paper discusses how this can be done.44EconomicsSocial protection - labor and employment