Since 2014
Institutional constraints on Philippine growth
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
Institutional constraints on Philippine growth
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| Creator |
de Dios, Emmanuel S.; School of Economics, University of the Philippines
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| Subject |
growth; investment; institutions; corruption; political economy; Philippines
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| Description |
After a review of the institutional economics literature, time- series evidence is presented to show that recent Philippine economic growth has been hindered by institutional weaknesses. In particular, variables representing political instability and corruption are seen to have significantly affected the investment ratio. A historical analysis traces the origins and persistence of these problems to deeper questions of constitutional legitimacy, unstructured rivalry among elites, and weak support for formal institutions owing to preexisting economic inequality.Classification-JEL: O17, N45
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
2012-08-13
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/661
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| Source |
Philippine Review of Economics; Vol 48, No 1 (2011): Papers from the Ayala Corporation and the University of the Philippines School of Economics (AC-UPSE) Economic Forum; 71-124
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/661/767
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| Rights |
Copyright (c) 2018 Philippine Review of Economics
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