Despite the global economic slowdown, the Philippines achieved an impressive full-year growth of 6.6 percent in 2012, the highest growth rate in the ASEAN region. Once again, the Philippines is being hailed as one of Asia's tiger economies, a title we have already heard some 20 years ago but which we eventually lost in subsequent years when we failed to catch up with our Asian neighbors. However, as the authors have pointed out, the lack of inclusiveness of economic growth in the Philippines remains to be a critical issue. Despite gains in previous years, poverty incidence in the Philippines is still relatively high. The phenomenon of jobless growth persists. .
Interested to read the analyses of the country's economic performance and prospects in previous years? Simply click the links below for issues in the last five years or go to the 188体育 publications homepage and click Development Research News on the left panel. Use the drop-down button on the right panel to select the year of your choice.
