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 …

Philippines. Stocks, the peso and reserves have all risen significantly, as have foreign direct investment and portfolio inflows …

the Philippines from a longer-term perspective and the factors that may have inhibited performance. It concludes that … range of development objectives. Reconstructing the social contract in the Philippines is a challenge. Key pillars of this …