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Desierto, Desiree A.
Ducanes, Geoffrey M.
Year of Publication: 
Series/Report no.: 
Discussion Paper, School of Economics, University of the Philippines 2011-08
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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