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This paper analyzes why the Philippines' growth performance has improved significantly in recent years. As in the … constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows …
Persistent link: https://www.econbiz.de/10011817064
This paper analyzes why the Philippines' growth performance has improved significantly in recent years. As in the … constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows …
Persistent link: https://www.econbiz.de/10012917746
Persistent link: https://www.econbiz.de/10011399140
With a strong recovery from the global crisis, the Philippines' policy focus will shift again to a long …-term development agenda. Despite favorable initial conditions, the Philippines' long-term growth performance has been disappointing … could the Philippines not enjoy high growth as its neighbors? What are the main causes of its chronic problems of …
Persistent link: https://www.econbiz.de/10013124191
Persistent link: https://www.econbiz.de/10013534008
The Philippines' IT-BPO sector has grown steadily since its initial boom at the beginning of the 21st century. Sector … whether the IT-BPO sector can promote shared prosperity in the Philippines; that is, growth that creates opportunities for … Philippines …
Persistent link: https://www.econbiz.de/10012967186
Persistent link: https://www.econbiz.de/10010527309
This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and...
Persistent link: https://www.econbiz.de/10012781973
The paper argues that Thailand's economic and social development from the late 19th century to the early 21st century presents a puzzle. For much of the period from 1870 to 1940, the country's economic growth was slow, and the economy remained agricultural, with little diversification into...
Persistent link: https://www.econbiz.de/10011447970