00000caa a22000003i 4500 UP-1685594773862408550 Buklod 20250805160454.0 m | | ta 250805s2014 xx a r |||| u|eng d 16551516 (iLib)UPBAG-00039569170 BAG rda eng ARTICLE-2904 Williamson, Jeffrey G. author. Has the Philippines forever lost its chance at industrialization? Jeffrey G. Williamson and Emmanuel S. de Dios. [Quezon City] School of Economics, University of the Philippines 2014. pages 47-66 illustrations 23 cm text rdacontent unmediated rdamedia volume rdacarrier Title was 'Philippine Review of Business and Economics' until 1979. Title changed to 'Philippine Review of Economics and Business' from 1980-2000, and again changed to 'Philippine Review of Economics' since 2001. Includes bibliographical references. After 1870, and long before the rise of the Asian Tigers and the group of emerging economies of Brazil, Russia, India, China, and South Africa, industrial output grew fast enough in the poor periphery to achieve unconditional convergence on the industrial leaders. The Philippines was part of the group of countries that caught up during the interwar and post-war import-substitution-industrialization years. It began to deviate from the pack after the 1970s, however, leaving the group in 1982, never to re-enter it. This paper examines the possible causes of what appears to have been a unique event. These cover political instability, institutional weaknesses, liberalization policy, labor emigration, and Dutch disease. Taken together, these forces created a "perfect de-industrializing storm". It seems likely that the Philippines has forever lost its chance at industrialization. Industrialization Philippines Government policy. Economic development Philippines. de Dios, Emmanuel S. author. The Philippine review of economics Vol. 51, no. 2 (December 2014), p. 47-66. UP UPBAG UPBAG-MAIN ARTICLE-2904 Analytics