For a more inclusive and sustainable growth, the country needs to diversify the economy towards more sophisticated products to create more job opportunities. Why did the Philippines fail to do it when the neighboring countries grew through rapid industrialization? Why did the success in the electronics products not spill over to other products to broaden the industrial base? Why could the country not redress high income inequalities and persistent poverty? The proposed S-PATA aims to answer these questions by analyzing the structural transformation in the Philippines and clarifying key factors explaining the stagnant structural change in the country. The S-PATA is also intended to discuss policy options for inducing structural transformation for achieving inclusive growth.
Latest Project Documents
|Structural Transformation Study of the Philippine Economy||Feb 2013|
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