Competitiveness: Catching the next wave - Philippines
Once the “sick man of Asia,” the Philippines has made enormous strides in recent years, and now boasts one of the region’s fastest-growing economies. In the past three years, only China has achieved higher economic growth.
This report outlines the country’s progress to date, and opportunities for significant additional growth in key sectors, including Business Process Outsourcing (BPO), manufacturing, agriculture, and construction, especially if the country embarks on a sustained campaign to improve the nation’s infrastructure, including roads, bridges, and harbors.
Oxford Economics Research Team
Our Economics Impact team produces original, evidence-based research made accessible to decision-makers and opinion leaders. Principals for this project included: