Monday, 23 December 2013 10:39

2014 Economic Projection

In spite of the sophomoric style of leadership of the unprepared head of state and head of government characterized by muddling through in governance, the Philippine economy is perceived as “one of the world’s fastest growing economies.”

Economists, domestic and foreign, are divided in assessment of the effects of super-typhoon Yolanda (Haiyan). The dominant opinion, however, is that the regions of Eastern, Central, and Western Visayas do not significantly affect the Gross Domestic Product last year, being the poorest in the Philippines and the super-typhoon came almost at the end of the year.

Published in IAME

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