The Philippine economy in 2015 and Prospects for 2016
Briones, Roehlano M. | March 2016
Abstract
PIDS Senior Research Fellow Roehlano Briones provides an assessment of the Philippine economy in 2015 and outlook for the current year in this first issue of the DRN for 2016. Amid global and regional challenges, such as the economic slowdown in big Asian economies and the sharp drop in oil prices, Briones underscores the country's resiliency as exemplified by sustained economic growth, improved capital formation, and sound fiscal balance. The lack of inclusiveness, however, remains a major issue that cannot be solved overnight. But our macroeconomic fundamentals have remained strong despite various risks and shocks. Briones asserts these are attributable to good governance that has facilitated and supported economic reforms. As the country undergoes another critical juncture, one could not help but feel anxious of what the country will become after May 2016.
This issue also features three of the Institute's recently completed studies/projects and some of their main findings and policy recommendations. These research studies/projects include the competitiveness and key reform areas in the rice and bus transport sectors, evaluation of the National Greening Program, and amendment of the personal income tax law.
Citation
Briones, Roehlano M.. 2016. The Philippine economy in 2015 and Prospects for 2016. © Philippine Institute for Development Studies. http://hdl.handle.net/11540/6443.ISSN
0115-9097
Keywords
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Rural planning
Regional development bank
Project finance
Strategic planning
Infrastructure projects
Government programs
Public finance
Public enterprises
Development
Economics
Development In East Asia
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Economic development projects
Economic forecasting
Economic development projects
Municipal government
Technology transfer
Exchanges of patents and technical information
Technical education
Technology
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Transfer Technocracy
Absorptive capacity
Show allCollapse
Citable URI
http://hdl.handle.net/11540/6443Metadata
Show full item recordUsers also downloaded
-
Poverty and Sustainable Development in Asia: Impacts and Responses to the Global Economic Crisis
Bauer, Armin; Thant, Myo (Asian Development Bank, 2010-04-01)On 28-30 September 2009, the Asian Development Bank, the governments of the People's Republic of China and Viet Nam, and the ASEAN Secretariat jointly organized a high-level Asia-wide conference in Ha Noi on the social and environmental impact of the global economic crisis on Asia and the Pacific, especially on the poor and vulnerable. The conference also served asthe 3rd China-ASEAN Forum on Social ...On 28-30 September 2009, the Asian Development Bank, the governments of the People's Republic of China and Viet Nam, and the ASEAN Secretariat jointly organized a high-level Asia-wide conference in Ha Noi on the social and environmental impact of the ... -
Bridges across Oceans: Initial Impact Assessment of the Philippines Nautical Highway System and Lessons for Southeast Asia
Asian Development Bank (Asian Development Bank, 2010-04-01)The foremost development challenge for archipelagic Southeast Asia is improved connectivity among the region's 24,000 islands. The success of the Strong Republic Nautical Highway in the Philippines, which uses an integrated system of roll-on/roll-off vessels to move people and cargo effectively, has proven to be a source of hope for the millions of poor in the region. Began in 2003, the roll-on/roll-off ...The foremost development challenge for archipelagic Southeast Asia is improved connectivity among the region's 24,000 islands. The success of the Strong Republic Nautical Highway in the Philippines, which uses an integrated system of roll-on/roll-off ... -
The Determinants of Structural Transformation in Asia: A Review of the Literature
Sen, Kunal (Asian Development Bank, 2016-03-15)Structural transformation—the movement of workers from low-productivity to high-productivity activities— is an essential ingredient of inclusive growth. This paper reviews the evidence on why the pace of structural transformation has differed widely across countries in Asia, with a specific focus on the People’s Republic of China, India, and Thailand. It argues that both government failures relating ...Structural transformation—the movement of workers from low-productivity to high-productivity activities— is an essential ingredient of inclusive growth. This paper reviews the evidence on why the pace of structural transformation has differed widely ...