In this volume, a leading group of scholars pose the question, has the Philippine economy rejoined the dynamic East Asian mainstream and, if so, what set of policies and priorities are required to maintain the strong economic momentum of recent years? Successive chapters address issues related...

Economists have long maintained that a well-developed and functioning financial system is a vital prerequisite to economic growth. Countries with robust banking sectors and securities markets-that is, countries in which credit cards, loans, mortgages, and the ability to issue stocks and bonds...

Frontmatter -- Contents -- List of Figures -- List of Tables -- Foreword / Balisacan, Arsenio M. -- Preface -- About the Contributors -- 1. The Philippine Economy: An Overview / Clarete, Ramon L. / Esguerra, Emmanuel F. / Hill, Hal -- 2. Economic Growth and Poverty Reduction / Clarete, Ramon L....

Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists...

Frontmatter -- Table of Contents -- Introduction -- I. Economic Problems and Development in the Long Run -- II. The Impact of the Colonial Heritage on the Economic Development in the 19th and 20th Centuries -- III. International Economic Relations and their Impact on Economy, State, and Society...

Many developing countries - Viet Nam included - continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...