While the Philippines has achieved remarkable progress in raising the education level of its labor force, the standard proxy for educational attainment, years of formal schooling, is increasingly inadequate as a measure of workforce skills. About one-third of employer's report being unable to...

Over the last decade, turkey has initiated several regulatory and institutional reforms to better mitigate and reduce disaster risks, with a focus on seismic risk. The Squatter (Gecekondu) Law No. 775 (1966) was the first regulatory effort to produce housing for low-income groups in Turkey, and...

The World Bank Group (WBG) has long recognized that the restoration and preservationof cultural heritage, urban regeneration, and sustainable tourism can play a vital role in developing countries' efforts to promote local economic development, accelerate social integration, and alleviate...

The report presents the results of a detailed vulnerability assessment and summarizes the prioritization methodology developed to guide investment decisions on the strengthening of critical assets in Metropolitan Manila. With support from the World Bank, the engagement on Safe and Resilient...

The Philippines increasingly emphasizes lifelong learning and skills mobility for labor productivity as an integral part of the country's growth strategy. The Philippine Development Plan 2017-2022 presents a series of activities to improve labor productivity through human capital investment....

The Philippines is an archipelago comprised of 7,107 islands with a humid climate and a topography characterized by mountainous terrain bordered by narrow coastal plains. Considered one of the most biologically rich and diverse countries in the world, the Philippines also has one of the world's...

The Philippine Parametric Catastrophe Risk Insurance Program (the 'parametric program') represents a key milestone in this partnership. In July of 2017, the Philippines placed on the international financial markets a portfolio of catastrophe risk that transferred typhoon and earthquake risk from...

In recent decades, the agriculture and fisheries sector in the Philippines has grown but has clearly not lived up to its potential. Philippine agriculture has weathered the impact of the Coronavirus (COVID-19) pandemic better than the overall national economy. Recent government reports highlight...

The resurgence of COVID-19 cases and reimposition of more stringent quarantine measures held back the early signs of an economic rebound. The downside risk of a resurgence of infection, identified in the PEU December 2020 edition, has unfortunately materialized. The number of daily cases...