The Philippines is a lead exporter of services, but its services sector is not well connected to others like manufacturing and agriculture. Our Lead Economist in the country shares a few suggestions on what the Philippines can do to stay competitive: http://wrld.bg/h9qU30dRNO0
The Philippines: Resurrecting Manufacturing in a Services Economy
In recent years, the Philippines has ranked among the world’s fastest-growing economies but needs to adjust to the demands of a dynamic Global Economy. The Philippines is at a fork in the road. Despite good results on the growth front, trends observed in trade competitiveness, Global Value Chain (GV…
