Why has the Philippines’ Growth Performance Improved? From Disappointment to Promising Success

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dc.contributor.authorADB; Felipe, Jesus; Estrada, Gemma Esther B.
dc.date.accessioned2021-10-05T15:03:46Z
dc.date.available2021-10-05T15:03:46Z
dc.date.issued2018-04
dc.descriptionThe 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.
dc.format.extent44
dc.identifier.isbnN/A
dc.identifier.isbnN/A
dc.identifier.issn2313-6537
dc.identifier.issn2313-6545
dc.identifier.urihttps://www.adb.org/publications/philippines-growth-performance-improved
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5448
dc.subject.otherEconomics
dc.subject.otherSocial protection - labor and employment
dc.titleWhy has the Philippines’ Growth Performance Improved? From Disappointment to Promising Success
local.publication.countryRegional - Asia and the Pacific

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