The experience of the Philippines shows that FDI spillover effects are not automatically generated. Opening up the economy to FDI has contributed to the country's exports of high-technology products and overall economic growth. However, the spillover effects of FDI to domestic firms have...

Philippine industrial policies such as those bearing on the manufacturing sector are a critical element of the country’s development strategy. Manufacturing creates opportunities for higher value-addition and extensive employment owing to forward and backward linkages with other sectors of the...

The industry’s lack of competitiveness, absence of economies of scale and a weak supply base are the fundamental issues that must be addressed in order to strengthen the industry and integrate it with regional production networks of foreign automakers. The entry of cheap, smuggled second-hand...

The agriculture and fisheries sector has been expanding over time, albeit within the overall context of structural change in the Philippine economy. However, based on progress made in other similarly situated economies, growth and productivity trends have not been "on track." While considerable...