Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93554 
Year of Publication: 
2011
Series/Report no.: 
UPSE Discussion Paper No. 2011-08
Publisher: 
University of the Philippines, School of Economics (UPSE), Quezon City
Abstract: 
We show that the most important barriers to investment and growth in the Philippines are structural and institutional problems that are characteristic of limited access societies, which can be more effectively and efficiently overcome by prioritizing 'first-order' market reforms that increase competition and openness, rather than by government regulations that enforce against the distortions.
Document Type: 
Working Paper

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