‘Diagnosing the Philippine Economy’ describes the conditions that depress economic growth in the Philippine economy and their causes and potential solutions.

‘Diagnosing the Philippine Economy’ describes the conditions that depress economic growth in the Philippine economy and their causes and potential solutions. The studies’ findings provide insight for politicians, academicians, and economists into the issues and their potential solutions.

Foreword; Preface; Abbreviations and Acronyms; Ch 1. Introduction; Part 1: Overview and Synthesis; Ch 2. Development Performance and Policy; Ch 3. Critical Constraints to Growth and Poverty Reduction; Part 2: Background Studies, Ch 4. Macroeconomic Management; Ch 5. Trade, Investments, and Domestic Production; Ch 6. Infrastructure; Ch 7. Human Capital; Ch 8. Equity and the Social Sector; Ch 9. Poverty Reduction: Trends, Determinants, and Policies; Ch 10. Governance, Institutions, and Political Economy; Index

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.