Williamson, Jeffrey G.; Dios, Emmanuel S. de - In: Philippine Review of Economics 51 (2014) 2, pp. 47-66
After 1870, and long before the rise of the Asian Tigers and the group of emerging economies of Brazil, Russia, India, China, and South Africa, industrial output grew fast enough in the poor periphery to achieve unconditional convergence on the industrial leaders. The Philippines was part of the...