Ateneo Professor on Entrepreneurship
The PHL economy grew by 7.1% for the third quarter. This is he highest in SEA, better off than US or EU. This is very surprising. And Filipinos should be proud of this.
Construction led the way. It has been going on for the last 7 years or so.
We should note that a $ dollar bond issue by the PHL govt was gobbled up by local investors. This is surprising. Filipinos betting on their own country.
What contributed to this surprising growth?
Can this be sustained?
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