Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/127945 
Year of Publication: 
2007
Series/Report no.: 
PIDS Discussion Paper Series No. 2007-07
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
The promise and potential of the Philippine economy has remained unrealized notwithstanding the country's talented labor force, skilled professionals, and relatively abundant resources. What ails the Philippines? This paper argues that the incompetence and downright corruption of Philippine institutions have much to do with the country's dismal performance in economic growth and poverty reduction. It draws attention to the significance of effective institutional and regulatory frameworks in orchestrating the policy development process and the need to create competent institutions to nudge such process in the direction of implementing better policies, examines strategic triggers for reform while the final section explores institutions and strategies to support the policy development process.
Subjects: 
governance
regulatory framework
rule of law
policy development process
effective institutions
accountability
Document Type: 
Working Paper

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