in global trade and domestic consumption linked to sharp increases in consumer confidence. In the Philippines, growth was … turning point for the Philippines in the public finance area. The 2011 budget changes current dynamics in two critical areas …

to 12 months. It also presents findings from recent World Bank studies on the Philippines. The Philippine economy … in decades attributable to improved tax administration. The medium-term growth prospects for the Philippines are good …

years. Its main findings are that, since the late 1990s, the Philippines has been caught in a low-revenue, low …-expenditure trap and that the current level of public revenues is not sufficient to close the development gap between the Philippines … and East Asian comparator countries. The Philippines exhibits similar efficiency of public expenditures as the regional …

The theme of the 2011 Philippines development report is 'generating inclusive growth, uplifting the poor and vulnerable …'. This theme is follows from the priorities set in President Aquino's Social Contract and the emerging 2011-2016 Philippines … the Philippines in 2011 are not radically different from those of previous years. The critical difference is the new …

Infrastructure needs in the Philippines must be addressed to ensure long term economic growth. After several years of … fiscal pressure, the Philippines is now in a position to address these needs. Despite the current international financial … infrastructure in the Philippines in network and facility density compares well with other countries in the region, its capacity and …

The Philippines quarterly update provides an update on key economic developments and policies over the past three … months. It also presents findings from recent World Bank work on the Philippines. It places them in a longer-term and global … context, and assesses the implications of these developments and other changes in policy for the outlook for the Philippines …

evolution of poverty and inequality in the Philippines and by analyzing the factors that could be weakening the link between …, and social protection in the Philippines and proposes measures for strengthening social service delivery …

policies, and lower financing costs. Historically, the Philippines have been exposed to considerable fiscal risks, in part … abated, they still remain sizeable in the Philippines. To improve its risk management, the government is pursuing a program …