Policies for Prosperity

dc.creatorWorld Bank
dc.date2025-05-12T15:22:03Z
dc.date2025-05-12T15:22:03Z
dc.date2025-05-12
dc.date.accessioned2026-07-01T00:32:45Z
dc.descriptionWhile the Philippines has been one of the most dynamic economies in the East Asia and Pacific (EAP) region, with gross national income (GNI) per capita more than tripling, and poverty declining sharply from 33.5 percent in 2000 to 18.1 percent in 2021, it still faces a complex range of structural challenges. These include limited market competition in several key sectors; underinvestment in infrastructure; regulatory restrictions that impede foreign direct investment; and low growth in the agriculture sector, heightened by vulnerability to natural disasters and institutional weaknesses. Three World Bank Group engagements - a jobs report, a development policy loan (DPL), and a rural development project - highlight the importance of transformational economic reforms to promote employment in middle-income countries.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/099647204222530491
dc.identifierhttps://hdl.handle.net/10986/43175
dc.identifierhttps://doi.org/10.1596/43175
dc.identifier.urihttp://hdl.handle.net/123456789/405778
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rightshttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.rightsWorld Bank
dc.subjectECONOMIC GROWTH
dc.subjectNO POVERTY
dc.subjectINFRASTRUCTURE UNDERINVESTMENT
dc.subjectMARKET COMPETITION
dc.subjectECONOMIC REFORMS
dc.titlePolicies for Prosperity
dc.titleSupporting Jobs Growth and Climate Resilience in Philippines
dc.typeBrief

Archivos

Colecciones