The Philippines has achieved considerable progress in tackling corruption and upgrading competitiveness, which makes it earn the respect of world economists, thanks to the high confidence enjoyed by President Aquino. From the “Sick Man of Asia” in the past, the country is now considered as the possible “Tiger Economy” before long. The President has [...]
As inflation is seen to remain tame or at least within the official target band, the government should focus on other important issues, particularly employment, to achieve its aim of inclusive growth, private economists said.
The government’s statistics units are working on ways to ensure that the country will attain full “inclusive growth.”
Nations are urged not only to grow but to grow in an “inclusive way,” in the same way companies are encouraged to adopt “inclusive business” practices.
Tycoon Jaime Augusto Zobel de Ayala has urged private enterprises to join the bandwagon on “inclusive growth,” saying business initiatives that help address inequality in the country can be profitable.
The Philippines’ robust services sector must be coupled with a vibrant manufacturing sector to achieve inclusive growth in the country, an economist at the Asian Development Bank (ADB) said.
We are told that for the Philippines—at long last—the wheel has begun to turn: from being in the outer fringes—where a seemingly unending set of man-made and natural forces conspired to consign us to despair and relative darkness—to our finally beginning to emerge into light and hope.
We live in highly interesting and challenging times. On one hand, we have global economies still trying to recover from a downturn that started back in 2008 with the global financial crisis. Concerns around the economies of the eurozone as well as the US continue to be front and center in many perception surveys conducted by various agencies around the world.
Boosting the labor-intensive manufacturing sector could hasten poverty alleviation and help achieve inclusive growth in the country, the top official of the Philippine Institute for Development Studies (PIDS) said Monday.
Many companies often articulate that “business must do well in order to do good.”
