The government wants to tame inflation and improve infrastructure
Tag: wobbles
The economy of the Philippines wobbles
Marching rations FOR DECADES economists wondered why the Philippines was doing so badly compared with its less gifted, more tigerish neighbours. In recent years, they have wondered how it was doing so well. The economy has grown briskly, without intolerable inflation or too much borrowing from abroad. And it has done so despite stagnant investment, […]
