Arbeitspapier
Asia's Underachiever: Deep Constraints in Philippine Economic Growth
Numerous studies have tried to explain the poor growth performance of the Philippines. This paper critically reviews related literature on constraints to long-run growth, as it applies to the Philippines. We evaluate several factors, namely: culture, corruption, and institutions. The last offers the most convincing explanation for mediocre growth. Hence, to raise the country's growth trajectory, I recommend: sustained policy reform; less hand-wringing over Filipino culture and corruption; and above all, focused and sustained development of functional capitalistic institutions.
- Sprache
-
Englisch
- Erschienen in
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Series: PIDS Discussion Paper Series ; No. 2009-04
- Klassifikation
-
Wirtschaft
- Thema
-
Philippines
development
institutions
growth constraints
Wirtschaftswachstum
Institutionelle Infrastruktur
Philippinen
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Briones, Roehlano M.
- Ereignis
-
Veröffentlichung
- (wer)
-
Philippine Institute for Development Studies (PIDS)
- (wo)
-
Makati City
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Briones, Roehlano M.
- Philippine Institute for Development Studies (PIDS)
Entstanden
- 2009