of competitiveness in the Philippines. It is shown that ulcs have an interpretation from the point of view of the … growth rate of the country, and explains the progressive deterioration of the Philippines during the last two decades …

), Philippines, and Thailand. It develops a crisis index that measures the impacts of the crisis by comparing actual values of … product, Korea suffered the worst in reduced employment, and Philippines' output was affected only in 2009. In the labor … problems, particularly Korea's problems with youth unemployment, and Philippines' and Thailand's vulnerable industrial sectors. …