addressing poverty, the Philippines is hindered by the limited expansion of its middle class. In the East Asia region over 2002 …-thirds, but the share in the Philippines increased from 37 percent to just 44 percent. The lack of well-paying jobs limited the …

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 …

The Philippines' economic growth outlook remains positive, yet downside risks have increased. An expected slowdown in … trade tensions, could not only worsen external financing conditions for emerging market economies like the Philippines but …

The Philippines Economic ... …

The Philippines economy posted robust growth in early 2010, in part due to large one-off factors. As did many countries … in the region, the Philippines benefited from a strong rebound in global trade. Manufacturing and investment activity … accommodative. A World Bank study of Philippines migration pattern during the global recession reveals that deployment of overseas …

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 …