00000caa a22000003i 4500 UP-1685594773862388486 Buklod 20210316133406.0 m | | ta 210316s1996 xx r |||| u|eng d (iLib)UPBAG-00039513676 BAG rda eng ARTICLE-2679 Hossain, Mahabub author. Economic development in the Philippines a frustrated take-off? Mahabub Hossain. 1996. pages 88-118 25 cm text rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references (pages 117-118). Since the early 1980s the Philippine economy has been suffering from a serious setback. It has been plagued with a prolonged recession accompanied by political unrest including a separatist movement. In order to solve these multiple problems, international development agencies recommend standard policy prescriptions. But politically strong vested interest groups did not let the Philippine government implement these policies wholeheartedly. As a result, attempts to end economic recession had failed. This paper explains the resource base and development challenges facing the Philippine economy today. It also outlines appropriate policies and strategies to meet those challenges and records progress made in the various sectors of the economy. In the light of the present trend, the paper highlights the future prospects of the Philippine economy. Economic development Philippines. Philippines Economic conditions. The Philippine Review of Business and Economics Vol. XXXIII, No. 1 (June 1996), p. 88-118. (viewed 16 March 2021) FI UPBAG UPBAG-MAIN ARTICLE-2679 Analytics