Stimulating Investment and Growth in the Philippines : the Need for First-Order Market Reforms

We show that the most important barriers to investment and growth in the Philippines are structural and institutional problems that are characteristic of limited access societies, which can be more effectively and efficiently overcome by prioritizing ‘first-order’ market reforms that increase competition and openness, rather than by government regulations that enforce against the distortions.

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Year of publication:	2011-10
Authors:	Desierto, Desiree A. ; Ducanes, Geoffrey M.
Institutions:	School of Economics, University of the Philippines at Diliman

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Extent:	application/pdf
Series:	UP School of Economics Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Published as UPSE Discussion Paper No. 2011-08, October 2011 Number 201108 26 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009393897