Years of steady structural reforms under 4 Presidents, improved demographics, technology shifts and many other factors have been factors behind the Philippine growth story. I would like to personally thank the BSP for being a strong institution that has made all this growth a reality. As I close this 2015 Outlook series, I believe that … Continue reading 2015 Outlook, part 12
40 years ago, the Philippines grows below the 3% range… we have gone a long way since then and we are no longer the ‘sick man of Asia’. What are the macroeconomic concerns we should address to ensure sustainability of our growth? Can we survive international economic shocks? Are we a viable international investment destination? … Continue reading 2015 Outlook, part 11
One of the big reasons why the Philippine economy remains to be in a positive track is because of the enormous remittances that our OFW heroes are sending home month after month. In 2014, the remittances exceeded $25 Billion and we are not expecting that to slow down anytime soon. For this installation of the … Continue reading 2015 Outlook, part 10